Ren price analysis reveals that the Ren/Bitcoin (BTC) pair have had uncertain price action for the past couple of weeks as short rallies of bulls and bears continued to take place. Now the price is moving to a new direction. The pair has developed a bullish outlook across the four-hour time frames, and the price has risen above its 200-period moving average. The frames also show that the bulls are trying to invalidate a head and shoulders pattern to set-up the next bullish rally. Meanwhile, technical indicators have also switched bullish and have started indicating buy signals. Ren price chart