$RNDR
RNDR Daily update
HTF trend: bullish
💡 Key Findings and Insights:
- RNDRUSDT is currently trading at $7.4492 with a 24-hour price change of -0.22% and a 7-day price change of +18.16%.
- The market capitalization of RNDR is $2,720,681,248, with a total token supply of 536,870,912 and a circulating supply of 171,972,815 tokens.
- The token is built on the Ethereum blockchain and aims to connect artists and studios with GPU compute power.
- RNDR held its first public token sale in October 2017 and launched its network in April 2020.
📢 Latest News:
- According to a news report on February 28th, the 24-hour fund inflow tracking list for Smart Money on the Ethereum network includes RNDR with approximately $1.76 million fund inflow and a 24-hour decrease of 0.6%.
📉📈 Market Sentiment:
- The Market Sentiment Index is currently at 82, indicating extreme greed in the market sentiment.
💵 Funding Analysis:
- Major Whale Traders' position direction is bullish, with a long/short ratio of 2.23.
📊 Technical Indicator Patterns:
- The Bollinger Bands indicate a support price of $7.13668 and a resistance price of $7.51173.
- The MACD indicator showed a Golden Cross pattern at 2024-02-28 03, with a price change of +2.04% during that period.
✨📝✨Key Levels:
Neutral: 6.10
Discount zone: 5.20 - 5.70
Stop Loss: 4.20
📄Not a financial advice, but you have a better risk:reward ratio by managing your risk properly. Please note that this information is based on the available data and analysis. It is important to conduct further research and consider your own risk tolerance before making any investment decisions.
