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The Renzo price has soared 11% in the last 24 hours to trade at $0.02198 as of 1:06 a.m. EST on an 11% plunge in trading volume to $117 million.
Renzo is EigenLayer’s Liquid heavy-staking token (LRT) and strategy manager. The surge in the REZ price comes after Renzo Protocol announced that it will be expanding to the Base chain, which includes REZ’s listing on Coinbase.
Renzo Protocol is rapidly expanding to @base in an epic saga that has only begun.
Here’s a recap of the first chapter:
🔵 REZ Spot on Coinbase
🔵 REZ Perps on Coinbase Advanced + International
🔵 REZ Bridge to Base
🔵 Native Restaking on Base
🔵 More to come
🧵🔽 pic.twitter.com/Y9mlE7k0bw— Renzo (@RenzoProtocol) March 21, 2025
The token also continues to attract attention from prominent crypto exchanges.
📢 New Listing
🚀 렌조(#REZ) 원화 마켓 추가 안내
🚀 $REZ/KRW will be listed on #bithumb!🔸 Details : https://t.co/euKWL5Vzgc #bithumb #REZ @RenzoProtocol pic.twitter.com/ozBuumUh2X
— Bithumb (@BithumbOfficial) April 1, 2025
Can REZ continue its uptrend?
Renzo Price Aims For A Sustained Breakout Over The Wedge
The REZ price on the 4-hour timeframe has confirmed a falling wedge breakout, a strong bullish reversal pattern. The Renzo price had been in a downtrend, forming a series of lower highs and lower lows within the wedge.
However, REZ has now broken out of the wedge’s upper resistance, signaling a shift in momentum from bearish to bullish.
The price of REZ has moved above the 50 Simple Moving Average (SMA) on the 4-hour chart ($0.01835) and the 200 SMA ($0.02047), which now serve as support levels, according to GeckoTerminal data.
Moreover, the Relative Strength Index (RSI) is at 64.78, indicating strong buying pressure. However, it is approaching overbought levels (above 70), which suggests that a short-term pullback or consolidation could occur before further upside.
Given the confirmed falling wedge breakout, the price of Renzo has a strong bullish outlook. The next key resistance zone lies between $0.02500 – $0.02700, which aligns with previous price highs.
If the price maintains momentum and stays above the 200 SMA, it could continue toward these higher targets.
REZ/USD chart analysis (Source: TradingView)
However, if there is a pullback, the price of REZ may find support at $0.02047 (200 SMA) or $0.01835 (50 SMA) before resuming the uptrend.
In the meantime, investors are flocking to buy Best Wallet (BEST), which popular YouTuber ClayBro, with over 136K subscribers, says has the potential to soar 10X after launch.
Best Wallet Presale Closes On $12 Million – Best Crypto Wallet Token?
The Best Wallet presale has just crossed the $11.5 million milestone, and it is easy to see why. With a user-friendly design, advanced features, and high staking rewards, many see the project as the future of crypto wallets.
Unlike MetaMask, which is primarily Ethereum-focused, or Trust Wallet, which is great for beginners, Best Wallet supports over 60 blockchains.
This means you can manage everything from the top altcoins to the latest up-and-coming tokens all in one place.
Among the many features offered, one stands out: the “Upcoming Tokens” section. This feature helps users discover promising projects that are still in the early stages.
Over $11M Raised & Counting! 💎
The Best Wallet ecosystem keeps growing, and early holders are locking in their spot. 🚀
Now is your chance to secure exclusive rewards and be part of the next-gen crypto wallet.
Don't miss out! 👉 https://t.co/eMjBsXbv1H pic.twitter.com/p3E6BvxnDS
— Best Wallet (@BestWalletHQ) March 14, 2025
The project’s success in identifying promising projects is clear. It’s already identified tokens such as Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered 500% and 3,000% gains, respectively, for early investors.
Investors can also stake BEST tokens for a huge 136% annual percentage yield (APY).
Currently, BEST tokens are priced at $0.02455. Those interested in joining the project should buy BEST before a price hike in a little more than 12 hours.
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Best Wallet - Diversify Your Crypto Portfolio
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