Rarible
Long

Possible trend reversal

50

  • Held same price range for ~week
  • 15m RSI bullish divergence (RSI made new low, but price did not reflect)
  • 2h & 6h RSI bullish divergence (RSI making higher lows, but price is making new lows -signaling selling weakness
  • Large sell orders are being absorbed and have little pressure



Price has been in decline since hitting $4.50 in early December. Is RARI being accumulated at this price range($2.20-$2.40)? Why continue to sell off if price is holding steadily

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.