$REN STILL ON ITS ACCUMULATION PHASE? HOW CAN THIS ALTCOIN POSSIBLY LEAD TO ANOTHER SURGE?
Given that the worst sell-off occurred in April 2021, REN has demonstrated that it has no intention of completely collapsing as it continues to trade at its lowest level, having already been touched twice since 2023 till this year. The impact of this selloff was so great that it even produced a long bearish wick, and the price instantly returned to where it was before the impulsive wick.
After analyzing these variables, we have concluded that REN will be among the coins that have the potential to maintain their stronghold and shine through any situation that may arise in the cryptocurrency market. We can so unequivocally state that this cryptocurrency has one of the best long-term prospects.
Never forget how 'fear' levels could go: low, high & extreme. These fear levels would tell you when to buy.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.