We noticed one of the top-performing alts of the last 24 hours was REN. RENBTC has come to a horizontal and diagonal resistance point near 675.

As is the case with all these small coins, we don't think you should FOMO into a long at resistance. That said, if REN does take out 675, the next upside target 871.

Bottom Line: If you are going to FOMO into anything, FOMO into Bitcoin ( BTC ), Ethereum (ETH), or Litecoin (LTC). Chasing coins like REN that are up 25% doesn't seem to make much sense.

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