RLC/BTC - iExec RLC: SuperTrend BBand Breakout

◳◱ On the RLC/BTC chart, the Supertrend Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00004961 | 0.00006085 | 0.00008093 and support near 0.00002953 | 0.00002069 | 0.00000061. Entering trades at 0.0000428 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: iExec RLC
▣ Rank: 287
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Services - Shared Compute
▣ Overview: The iExec network provides computational resources to decentralized applications that wish to use them. The medium of exchange for the computational resources to be used must be paid using the RLC token. For example, if someone wished to run a decentralized application, without using typical computational resources from the likes of AWS, Azure, or any other big tech cloud provider, they can rent computational resources from the iExec network. The iExec network is comprised of Desktop Grid computing, also known as “volunteer computing”, where unused computational resources on the network can be used by applications, and platforms alike. All payments for computational resources utilize the RLC token as the medium of exchange.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.0000428 ₿
▣ 24HVol: 7.619 ₿
▣ 24H Chng: 9.072%
▣ 7-Days Chng: 0.54%
▣ 1-Month Chng: -29.42%
▣ 3-Months Chng: 47.55%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.00004961 | 0.00006085 | 0.00008093
◢ Support: 0.00002953 | 0.00002069 | 0.00000061

◱◳ Indicators recommendation:
▣ Oscillators: SELL
▣ Moving Averages: BUY

◰◲ Technical Indicators Summary: NEUTRAL

◲◰ Sharpe Ratios:
▣ Last 30D: -3.60
▣ Last 90D: 1.85
▣ Last 1-Y: 0.68
▣ Last 3-Y: 0.62
◲◰ Volatility:
▣ Last 30D: 1.21
▣ Last 90D: 1.56
▣ Last 1-Y: 1.02
▣ Last 3-Y: 1.43

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.64 - Bullish
▣ Reddit sentiment score is 0.36 - Bearish

▣ In-depth RLCBTC technical analysis on Tradingview TA page

snapshot

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