The major narratives of this cycle are AI, GameFi and RWA but I see too many people talking about the first twos and few about the last one. I'm trying to have a bit of everything in my portfolio although I'm adding small bags because unfortunately I've already spent the majority of my money.
You can see on 4h that price is in a bullish falling wedge and this is more or leass what I'd expect from it.
On Daily the bullish structure is more clear:
and the upper wick indicates that price should go up again on daily timeframe.
On weekly the worst I could expect is a drop of a 12% from my entry price (blue line).
RIO has less than 8 mil USDT as market cap, this can easily go 20x during altseason. I think it's worth risk. So far RIO goes with CREDI and SOIL in my RWA bag.
Good luck
You can see on 4h that price is in a bullish falling wedge and this is more or leass what I'd expect from it.
On Daily the bullish structure is more clear:
On weekly the worst I could expect is a drop of a 12% from my entry price (blue line).
RIO has less than 8 mil USDT as market cap, this can easily go 20x during altseason. I think it's worth risk. So far RIO goes with CREDI and SOIL in my RWA bag.
Good luck
Note
Sorry guys I was on vacation. Basically after my post and buy RIO price dumped, I was surprised as well as I didn't know why and I later discovered that following this proposal: explorer.nodestake.org/realio/gov/11 people went crazy because RIO supply will increase. However such behavior is UNJUSTIFIED because the supply will be increased over 35y and won't affect current cycle.I added a bit more after the dump and I'm currently seeing if here a local bottom is forming:
at 1h I see bullish DIV forming but they need time to manifest on daily:
Note
aaaand there it is! 
RIO pumped on what appears to be the new local bottom. The bullish DIV manifested themselves. ✌️Great! I hope you bought the FUD after I posted a ton of signals. Follow me for more
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I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
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.