LooksRare presyoLOOKS

It's great you're analyzing $RENDER's price action! Here's a breakdown of what that means and some considerations: * Falling Wedge Pattern: * A falling wedge is a chart pattern characterized by converging trendlines that slope downward. It's often considered a bullish pattern, meaning it suggests a potential reversal to the upside. * A breakout occurs when the price moves decisively above the upper trendline of the wedge. * Signaling a Strong Rally: * When a breakout happens, it can indicate that buying pressure is increasing, and the previous downtrend might be ending. * Holding Above Resistance: * "Resistance" refers to a price level where selling pressure is expected to be strong, potentially preventing the price from rising further. * If $RENDER can maintain its price above the breakout level (the previous resistance), it strengthens the bullish signal. * Target of $15: * Setting price targets is a common practice in technical analysis. This target is likely based on past price movements, Fibonacci retracements, or other technical indicators. * Mid-Term: * "Mid-term" is a subjective time frame, but it generally indicates a period of weeks to months. * Keep an Eye On It: * This is crucial advice. Even with a bullish pattern, the market can be volatile. It's essential to monitor the price action, volume, and other indicators to confirm the trend. Important Considerations: * Technical Analysis Limitations: * Technical analysis is not foolproof. Chart patterns can fail, and unexpected news or market events can significantly impact prices. * Risk Management: * Always use risk management strategies, such as setting stop-loss orders, to limit potential losses. * Market Volatility: * Cryptocurrency markets are known for their high volatility. Be prepared for sudden price swings. * Fundamental Analysis: * While technical analysis focuses on price action, fundamental analysis looks at the underlying value of the asset. Consider factors like $RENDER's project, team, and market adoption. * Do your own research: Never rely solely on one persons analysis. In summary, the information you provided indicates a potentially bullish scenario for $RENDER. However, it's crucial to approach trading with caution and thorough research.

Btc hardly falling.. $PI looks strong. Hold

The crypto market has shown signs of recovery in the last 24 hours with a surge in institutional volume. Bitcoin and altcoins pulled decent gains after an extended period in the woods. XRP, which became an institutional favorite, has led top coins in terms of recovery, igniting optimism for a bull march. At the time of writing, XRP soared 6.5% today, extending weekly gains to 9% and trading above $2.68. XRP’s Institutional Volume Surge In the last 48 hours, large whales have purchased XRP after on-chain factors flipped green. Traders also flagged a decline in exchange volumes as investors set sights on long-term holdings. Moving assets to centralized exchanges weakens sentiments characterized by heightened retail sales, as seen in previous weeks. Anticipation for a spot XRP ETF in the United States is a major institutional yardstick after the success of Bitcoin’s products last year. Recent filings for these products bolstered market sentiments coupled with global developments. The XRP community broke into a frenzy following Hashdex approval to launch the first spot XRP ETF in Brazil—this news and filings from WisdomTree and Canary Capital increased expectations. In Q4, the price of XRP broke $3 for the first time in years, following massive institutional inflow following Donald Trump’s victory in the U.S. Presidential elections. Secondly, XRP price recorded upticks due to a wider market rebound. This month, crypto assets plummeted on the heels of the U.S. government announcing tariffs on Mexico and Canada. Before this, the launch of Chinese AI startup DeepSeek led to huge losses in tech stocks and Bitcoin prices. BTC’s decline below $100k from an all-time high above $109k marked the start of low sentiments in altcoins. In the last 24 hours, altcoin prices have gained momentum and recovered weekly losses. Ethereum price moved up 2% to $2,736 while XRP spiked 6.5%, leading top altcoin gains. Solana and Cardano also moved in the same direction. Positive Crypto Regulations Among the factors behind XRP’s rise, improved United States regulations opened up a new path. Last year, Trump pledged to make the country the crypto capital and drive innovation in the industry. This sparked high institutional demand for XRP and other assets. Furthermore, the creation of a crypto task force has led to strong speculations of a pause in ongoing lawsuits. “On the @SECGov pausing ongoing litigation against #crypto firms — I’m told by multiple legal sources that the SEC has been prioritizing cases with imminent court deadlines, which is one explanation for why we haven’t seen pause requests in the @Ripple and @krakenfx cases. Ripple’s next court deadline is April 16 and it looks like Kraken’s is March 31,” Eleanor Terrett wrote.

DUKO Looks like Dooku isn't going to be bullish anymore.

Looks like markt going down today