iExec RLCWhat Is iExec RLC (RLC)?
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
Total Supply
86,999,785
Strongly undervalued price comparing to Total Supply. Partnered with Microsoft Azure few times ago.
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Trading Parts :
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Buy Zone : 4.7$ (Now) - 4$ (Rebuy More)
TP1 : 7.5$ (Security TP)
TP2 : 15-16$
TP3 : 24.5$
STOP : 2.8$
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Stay Safe + Follow TheKing
Happy Tr4Ding !
Iexecusdt
RLC is definitely bullishWe have had an ascending channel that broke the bottom once but it was faked out and again the price returned to the ascending channel that I marked on the chart.
On the bottom of the white boxes, they show the overflow that the candles have done well.
From where I entered START, the upward movement has started. We have bullish CH and BOS on the chart and the candles have respected the demands well.
Above we have a liquidity pool that I specified with $$$. The candles are going to clean this pool in the first step.
I marked the TPs on the chart.
I also marked a FLIP LINE on the chart that I use for my loss limit. When 1 daily candle closes below this line, the analysis will be invalidated.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
iExec RLC price will be able to repeat the growth as in 2020 ?What is iExec RLC?
iExec is a provider of decentralized computing based on the blockchain. Blockchain is used to organize a marketplace network where people can monetize their computing power, as well as applications and even datasets.
This is done by providing on-demand access to cloud computing resources. IExec can support applications in industries such as: "big data", healthcare, artificial intelligence (AI), rendering, and fintech.
Application vendors can monetize their algorithms, and data providers who own valuable datasets can make them available for use through iExec
So why should you pay attention to RLC if the price stays above $1.30 in the coming days/weeks?
the project was founded in 2016, and the RLCUSD, RLCUSDT trading pair has been on crypto exchanges since 2017 (it has survived more than one crypto winter, and is still developing)
RLC token reached its maximum price at the peak of the DeFi boom, as it is directly related to the DeFi sector.
RLC token can be used in the field of "artificial intelligence (AI)," and the hype around it is only gaining momentum.
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iExec RLC formed a bullish Shark for upto 19% moveHi dear friends, hope you are well and welcome to the new trade setup of iExec RLC token with US Dollar pair.
Previously we caught a nice trade of RLC:
Now on 4-hr time frame, RLC has formed a bullish Shark move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
iExec RLC formed bullish Gartley for upto 88.50% moveHi dear friends, hope you are well and welcome to the new trade setup of iExec RLC token with US Dollar pair.
On a daily time frame, RLC has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RLC (iExec RLC) Token Analysis 23/03/2021Fundamentals:
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more.
The iExec network has been made up of computing resource providers. These are known as iExec Workers. If users want to be these workers, they can connect their machines and will be rewarded with RLC tokens for contributing their resources to the network.
Application providers can monetize their algorithms, and data providers that own valuable datasets can make them available for usage through iExec. Then there is also the consensus protocol known as PoCo or proof-of-contribution that provides consensus over the off-chain computing. Thanks to this proof-of-contribution, external resources providers have the usage of their resources certified on the blockchain itself.
IExec also provides distributed applications running on the blockchain known as DApps scalable secure and easy access to servers, data-sets and computing resources, and since all of this works on Ethereum, it allows for a Virtual Cloud Infrastructure that can provide high-performance computing services on demand.
As such, iExec supports the emerging class of blockchain-based distributed applications and enables cost-effective, high-performance computing through a decentralized cloud infrastructure. Through making access to machines easier, a distributed cloud will allow a drastic increase in the environmental footprint of data centers.
When it comes to the Founders of iExec RLC, Gilles Fedak is the CEO and co-founder. Before he began work on iExec, he worked in INRIA as a research scientist at a postdoc in UC San Diego and at ATER at University Paris-Sud. He has a Ph.D. in philosophy and computer science.
Haiwu He is the co-founder and head of APAC at iExec. Before that, he was a professor at the Chinese Academy of Sciences, an innovation transfer research engineer at ENS Lyon, the co-founder of iRentCPU, a research engineer expert at INRA and an assistant professor at Hohai University. He has a Ph.D. in computing sciences.
This means that iExec is built upon the work of team members who have done INRIA and CNRS research in the field of desktop grid computing.
Technical analysis:
there exist a bearish divergence of Price and MACD which is the sign of trend reversal or Some retracements.
post retracement there are total of 3 Targets Defined by Fibonacci Projection of the retracement Wave.
iExec RLCGiant head and shoulders forming on the higher timeframe?
Or do you prefer the cup and handle? as shown in my previous analysis here:
To me these technical indicators show the growing probability of the RLC token prize going (MUCH) higher in the beginning of next year. (Right around the launch of the regulated and compliant environment).
Check out there website here:
iex.ec
And more info on the eRLC token here:
iex.ec
iExec must be one of the most underappreciated crypto-projects in existence...
Thanks for looking!
Sven