Realio
I added RIO for the long termThe 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
Realio "RIO" Looks BULL on Daily but might dump to ~$0.85Looks kind of bullish on daily, but I would open short first to see where it will bottom or just wait for better entry.
We do have a bit bearish indicators on hourly timeframes.
Head & Shoulders Pattern.
Short:
Entry: 1.1825
SL : 1.25
TP: 0.85
Or just wait for Breakout confirmation and long it as it looks very Bullish.
Long:
Entry: 1.18 or any confirmation of breakout
SL: 1.13
TP: 2.23
Rio Realio $Rio #Rio #RealioRWA's (Real world assets) Will be and have been a HUGE narrative in this cycle as well as will most likely be even bigger by next cycle and in the next cycle. Quite possibly besides gaming they will also be one of the few sectors that not only will survive the next Bear market AKA. Crypto Winter but may also end up being far less effected by it and or even end up growing and staying upwards during it.
There overall will someday be no real reason for true working projects and ideas to have a winter per say. As they will move with the market they entertain and will grow as the projects deliver real world use and or adoption.
At some point we will see gaming and RWA's that are winning actually hit highs during the Bear/Winter rather than in the peak of cycles. There are many reason for this to become true but i will save that for another post/charting upcoming.
IMO Rio will be one of the shining stars in this upcoming cycle and IMO we will easily see it hit $3-$5 ranges in the next few months followed by a possibly cycle top well beyond that.
IMO the current market cap is relatively small for what is coming for this space as well as the current popularity of this project.
IMO we are currently just in the first major distribution and consolidation phases for this project after having a major run from the start of this cycle.
Depending upon your time horizon and rather or not your looking to just trade this VS invest in it you can use the lines given for areas of key interest to BUY and SELL and or just BUY/DCA and wait for those longer term targets to show up for the real Gains/Profit's etc.
RIO Break out patternRealio token is following the ideas i shared some days ago. We are in good profit from that entry, but if someone is looking for a fresh entry, the actual price is good. We can see a classic break out bullish pattern, and we can expect a continuation till resistance area at $2.8
RIO Long setupThis is the setup i am waiting for RIO. I think it could retrace a little bit reaching the support zone at $2.00/$2.03. Actually the price is trying to break out from short term trendline, and a small retest it's possible. I placed my long limit order at first support zone, if it will fail to hold the next support zone is around $1.65. Main target $3.00
#RIO $RIO #Realio_NetworkI see good targets for this Asset What do you think?
Market Cap~2m
mentioned in recent #Binance research
The Realio platform describes itself as an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and cryptoassets.It aims to combine access to a 100% on-chain decentralized (p2p) exchange with the features of an issuance/investment platform in order to merge enterprise-grade blockchain and cryptocurrency solutions with institutional-quality investment vehicles.