rndtIt is moving in these two areas. The red box is an important resistance that we must check to deal with
Rndtusdt
RNDR heading towards 5 dollar zoneThe price has been rallying upward since it bounced from the monthly support. This has been a very significant move. THere was a weekly resistance on the way which just made the price pause a bit but eventually it went further up. Now the price is aiming for the next resistance which is a weekly resistance labeled as WR1 on the chart. But such resistances do not carry significant value as they are very old one and as it gets older, its effect weakens. And therefore, it should not be attributed a lot of importance, however, it can definitely provide some hints about the price direction by looking at the price action when the price hits this area. Anyways, long story short, I think the price is definitely going to aim for that resistance irrespective of what it does after that.
long RDNTNASDAQ:RDNT broke though the descending trendline. Bullish movement to resistance level at 0.34 is likely to happen.
RNDTUSDT RNDTUSDT is trading perfectly level to level. Currently it has created bearish divergence which indicates the completion of downward targets.
