REN Technical Analysis

-

We also mentioned the previous article on REN which is one of the most promising currencies in the cryptocurrency market. Ren is the first and only protocol that provides access to liquidity between blockchain for all decentralized applications. Blockchain technology has

In addition,proven itself as a viable platform for trading and other more advanced financial applications.

He promised a future where users would control their own data, and developers could build application logic on an untrusted distributed computer.

REN Technical Analysis:

If the currency breaks the 929 Satoshi barrier, it will open the door for a further decline to 770 Satoshi levels and may extend to 600 Satoshi.

It tests the rising trend line and the 100-day moving average.

From there the march begins to climb to a new summit.

currencies cryptocurrency market article
cryptocurrency article

In conclusion, Any purchase should be between 770 and 600 satoshis with a stop loss of 550 satoshis.

The target has up to 2000 Satoshi.


know more:
  • Do not forget to join our channel on Telegram here
  • Open a trading account from here

What do you know about Ren

Bitcoin BTC why it is not a bubble – last part

Gold and VIX relation to Bitcoin – Part 2

SPX and US30 relation to Bitcoin – Part 1

Marowa Al Tujjar
Marowa Al Tujjar
مديرة القسم الصحفي - كاتبة و محررة إقتصادية متخصصة بالعملات الرقمية

Latest Analysis

Texas Oil Analysis Today 14-01-2020

0
Texas Oil Analysis Today 14-01-2020: Oil has been falling since last week. The path was around $ 58 a barrel open as a retest...
Bitcoin 1

Bitcoin analysis 05-01-2020

Special Reports

The Best European Cities for Investment In 2020

0
Real estate in major European cities has had a wild ride in 2019. Brexit was, in theory, going to be taking place toward the...