RLC at critical support and has a chance of breakout
The price action and MACD are both tapering. RSI looks close to oversold.
OBV does not seem to show lot of selling even when the price action has been downward.
Expecting this to breakout in the coming weeks. This is a project with good fundamentals and will compete directly with the
centralized cloud compute providers. The market cap is still under $1 billion while its competitors are orders of magnitude larger than it.
It will also compete with Chainlink on oracles.
Minimum marketcap target is over 10billion.
Note: This is not financial advise. Please do your own research.
OBV does not seem to show lot of selling even when the price action has been downward.
Expecting this to breakout in the coming weeks. This is a project with good fundamentals and will compete directly with the
centralized cloud compute providers. The market cap is still under $1 billion while its competitors are orders of magnitude larger than it.
It will also compete with Chainlink on oracles.
Minimum marketcap target is over 10billion.
Note: This is not financial advise. Please do your own research.
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