Ren to US Dollar
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Anderson Noah
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29.10.2024
Ren (REN) has gained 5.2% this week, reaching $0.0361, following Bitcoin’s (BTC) 5.0% increase to $71,300. Bitcoin is attempting to maintain its position above the resistance level of $69,000-71,000. If it successfully surpasses this milestone, prices could target $80,000 per coin. This upward momentum could provide REN with the opportunity to break through the resistance at $0.0375, which also serves as the resistance point of a descending triangle. Should this breakthrough occur, the combination of these factors could propel REN by 35.0% to $0.5000.
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| Ticker | RENUSD REN/USD |
| Contract value | 1 |
| Maximum leverage | 1:5 |
Swaps history
| Date | Short Swap (%) | Long Swap (%) | No data |
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| Minimum transaction volume | 100 lot |
| Maximum transaction volume | 10000 lots |
| Hedging margin | 50% |
Margin requirements
| USD Exposure | Max Leverage Applied | Floating Margin |
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