🤩 Crypto Market Update from AiRen AI 🤩
👯Fresh price analysis for #RENTA, #Bitcoin, and #Ethereum!
📈 Let's break it down:
✨ RENTA
Renta (RENTA/USDT) is currently holding above a long-term ascending trendline, showing strong underlying bullish structure despite recent volatility. The chart highlights that if the token maintains support around the $0.010–$0.011 range, momentum could build toward a breakout. A move above the $0.017 resistance zone could trigger a sharp rally toward the $0.018–$0.020 area, marking a significant bullish continuation and retesting previous highs. This upward potential suggests RENTA still has room to grow as long as buyers defend the key ascending support.
On the downside, failure to hold above the trendline or a breakdown below the $0.010 zone could invite deeper retracements. In this scenario, RENTA may retest the $0.009–$0.0085 support range before finding stability again. However, the broader ascending trendline remains intact, which means dips could attract buying interest from traders looking to accumulate at lower levels. Overall, RENTA’s structure remains bullish-biased, but the next few sessions will be crucial to determine whether the token breaks resistance for a strong rally or consolidates further near its trendline support.
💎Bitcoin
📊 Bullish: Th
e Bitcoin (BTC) chart shows a key test of trendline support around the $116K–$117K region. If BTC manages to hold this level and bounce back above the upward channel, a bullish scenario could play out, pushing the price toward the $124K–$125K resistance zone. A breakout above this level would confirm strong momentum and could open the path to retesting the $127K–$128K region, signaling continuation of the broader uptrend.
📊Bearish: On the bearish side, if BTC fails to reclaim its trendline and loses support near $116K, the price could see a sharper correction. The first major support lies at $112K, and if that breaks, the market may revisit the $108K zone, with risk extending lower toward $100K. This makes the current zone a decisive point where traders should watch closely for either confirmation of strength or signs of weakness.
💎Ethereum
📊 Bullish: Ethereum (ETH) is currently consolidating around the $4,300–$4,400 support zone, which has acted as a critical demand area in the recent trend. If ETH manages to hold this zone and build momentum, a rebound could take it back toward the $4,700 resistance level. A breakout above this range would confirm strength and could set ETH on a path toward $5,200–$5,400, aligning with the continuation of its broader uptrend.
📊Bearish: On the bearish side, if ETH fails to sustain this support area, it risks slipping into a deeper correction. A breakdown below $4,200 would likely accelerate selling pressure, exposing ETH to the $3,800–$3,600 range. Should bearish momentum continue, ETH could even revisit the $3,200 support zone. This makes the current consolidation zoNe decisive, where the next few sessions will determine whether ETH extends its bullish leg or faces a corrective phase.
💡 AiRen Cipher Challenge : Submit your 4-letter answer and Renta wallet address in the comments of this final post to enter the 3000 $RENTA prize pool draw!
🔸 Join Our Ambassador Program 🔸
💡 If you're a beginner, start here ➡️ RENTA AIRDROP ⬅️
✨Buy token: MEXC |Bitmart | Uniswap ✨
🌎Web3 ⭐️ Mini - App 🌐Website👍Bot 👍Twitter 👍Youtube 👍Discord 👍Chat