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INVESTIDEAUA
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Bullish
$RNDR /USDT ↗️🟩X3-X10 #bullish setup #LONG ▶️ complete strategy #INVESTIDEAUA @INVESTIDEAUA #Write2Earn
🔸 Capital Flows: Increased from -461,889.30 RNDR in the last 7 days to -188,996.96 RNDR, indicating an upward trend. The reduction in negative equity flow for RNDR suggests that easing selling pressure may be contributing to the observed price gains last week.
🔸 Order Book Depth: The RNDR order book shows greater depth on the buy side with a total of 66,686.49 compared to 35,398.74 on the sell side, potentially indicating bullish sentiment as it corresponds to the recent 50.36% price increase to $7.59 for the last period. a week.
📈Technical characteristics:
🔸 RSI: The RSI averaging 64.51 and remaining neutral suggests a cautiously optimistic market sentiment that is in line with the current rising price trend, indicating sustained buying interest without immediate overbought concerns.
🔸 OBV: The OBV trend is increasing along with the rising price trend, reflecting the ongoing buying pressure and bullish market sentiment that is supporting the current uptrend in prices.
🔸 Bollinger Bands: Bollinger Bands are widening, signaling increased volatility, with price breaking the upper band three times and not breaking the lower band, indicating a strong bullish trend with possible overbought scenarios.
🔸 Capital Flows: Increased from -461,889.30 RNDR in the last 7 days to -188,996.96 RNDR, indicating an upward trend. The reduction in negative equity flow for RNDR suggests that easing selling pressure may be contributing to the observed price gains last week.
🔸 Order Book Depth: The RNDR order book shows greater depth on the buy side with a total of 66,686.49 compared to 35,398.74 on the sell side, potentially indicating bullish sentiment as it corresponds to the recent 50.36% price increase to $7.59 for the last period. a week.
📈Technical characteristics:
🔸 RSI: The RSI averaging 64.51 and remaining neutral suggests a cautiously optimistic market sentiment that is in line with the current rising price trend, indicating sustained buying interest without immediate overbought concerns.
🔸 OBV: The OBV trend is increasing along with the rising price trend, reflecting the ongoing buying pressure and bullish market sentiment that is supporting the current uptrend in prices.
🔸 Bollinger Bands: Bollinger Bands are widening, signaling increased volatility, with price breaking the upper band three times and not breaking the lower band, indicating a strong bullish trend with possible overbought scenarios.
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