REN Has Good Technical Upside Perspectives
The REN is experiencing a 4.0% loss, currently priced at $0.066 this week. This is a significant improvement from the 17.0% drop to $0.057 that occurred earlier in the week. The technical configuration suggests positive prospects for the token, as it remains within an ascending channel with strong support at $0.057. With this support holding firm, prices are likely to move towards the resistance at $0.075. Despite the lack of fundamental factors supporting this potential upside, technical signals could play a more significant role in this scenario.
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