Despite a tough Monday on the market, Render (RNDR) has surged +6% in a market-defying pump aiming to reclaim the 200DMA – but with momentum stalling – is it too late to buy Render?
This comes following a challenging Summer for the leading GPU token, which has fallen -57% since May in a dramatic retracement.
Yet, with rumour of an ‘Uptober’ abounding in crypto communities, it’s clear that buy sentiment has returned to RNDR at these lower price levels – in a vote of confidence from the market on the long-time frame.
RNDR Price Analysis: Can RNDR Crack the 200DMA and Is it Too Late to Buy Render?
As price action battles stiff resistance around the 200DMA, Render is currently trading at a market price of $1.72 (representing a 24-hour change of +1.84%).
This comes following a dramatic move on Sunday, which saw RNDR smash through resistance from the 20DMA – a moving average that has suppressed price action since a death-cross with the 200DMA on August 7.
However, double-bottomed support at the $1.40 price level appears to have catalysed market confidence, sending price action flying.
The 200DMA now forms the crucial level to watch, a break-high here could see RNDR resume technical rally structure.
But Render’s indicators provide some cause for concern with the RSI heating up substantially on the recent run, to a current overbought signal at 68.9 – this signals an imminent need to retrace and could see price action reject from resistance.
The MACD on the other hand, has flipped bullish with divergence at 0.014.
Overall, Render’s bounce has demonstrated a significant market appetite for the GPU token, however, the spectacular move up has over-heated the RSI and this could trigger retracement.
To the upside this leaves Render targeting a move above the 200DMA to higher support at $1.883 (a possible +9.6% move).
While downside risk here could see RNDR fall to lower support at $1.63 (a potential -5.12% fall).
Render therefore has a risk: reward ratio of 1.87 – a reasonable entry in the event of a successful consolidation at current levels.
TG.Casino ($TGC): A New Dawn in Crypto Gaming
As Telegram trading bots and GambleFi dominate September’s narratives, the TG.Casino ($TGC) presale is gaining significant attention – racing to $280k raised in just days, here’s why it should be on your radar.
TG.Casino isn’t just another quick Telegram bot pump-and-dump it’s an intricately crafted ecosystem that marries the thrill of the casino world with the decentralized edge of blockchain.
By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.
The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.
With a range of offerings, from thousands of live casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.
And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.
From a security standpoint, users can rest easy – all data and funds are encrypted, ensuring robust protection against potential threats.
While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.
The TG Casino Presale: Hype and Beyond
The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 3,446%.
Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.
And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.
The $TGC token’s utility is another aspect to spotlight – beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.
Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.
How to Buy TG Casino Early?
Step 1 – Go over to their official website
The first thing you want to get correctly is going over to their official website.
Step 2 – Create a Crypto Wallet
You need to set up a crypto wallet, and it’s important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.
Step 3 – Purchase ETH or USDT
Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.
Step 4 – Connect Wallet to Presale Dashboard
Go to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.
Step 5 – Buy TG.Casino Token
Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.
Step 6 – Claim TG.Casino Token
Once TG.Casino’s presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the ‘Claim’ button on TG.Casino’s homepage. That’s all for how to buy TG.Casino.
Don’t Miss Out on Biggest Telegram Casino Launch of 2023 – Buy $TGC
To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it’s a front-row ticket to the future of Telegram GambleFi.
Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect.
As always, arm yourself with research, and here’s to successful ventures ahead!
Dive into the TG.Casino Presale Now.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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