Reserve Rights, due for a correctionSeems like the parabola is broken and we're going to correct a bit.
Didn't sell the peak but still had an amazing run and i'm gladly locking in some profits.
Don't have much to go by except for the corona crash, so i expect the dip will be so intense.
Wouldn't be surprised if it goes on another run soon, since it briefly entered the top 100 i'm sure its on some peoples radar now.
Will buy back around 0.006 or lower if i get the opportunity.
Reserverights
Reserve Rights Token will Reach higher levelsIn what is seems to be a early ALT COIN SEASON, Reserve Rights Token is on its way to higher levels
The previous 140th ranked Coin just solidified its position among the top 100 Crypto currencies of coinmarketcap, now with more exposure we can see the RSR TOKEN get to higher and higher level.
My price prediction for the short term is 0.012 cents before the end of JULY
RSRUSD - Another resistance test (breakout soon?)Quickly approaching resistance again, tested multiple times, trending strong. I think it's reasonable to expect a breakout here.
Watching closely.
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Information is just for educational purposes, never financial advice. Always do your own research.
Reserve Rights - RSROne of those coins I see growth potential and now I'll explain to you. Why? What's it?
Company reserve.org
Reserve is a flexible pool of stablecoins designed to reduce risk through diversification and decentralized governance.
The company has two tokens:
Reserve (RSV)
The stable cryptocurrency that is economically and legally robust at any scale. Decentralized, 100% asset-backed, and funded by top Silicon Valley investors.
Reserve Rights (RSR)
The fluctuating protocol token that plays a role in stabilizing RSV and confers the cryptographic right to purchase excess Reserve tokens as the network grows.
As is well known, there are already we've about two dozen stable coins, but this's a project with a decentralized stablecoin that won't allow the team to conduct unlimited emission as the Tether company does;
The second - is the team;
The third is the initial investor Coinbase, co-founders of PayPal and others;
You can see on the site all the major investors.
Speaking of technical analysis, we've now broken through a long-term resistance line and this's a signal for many investors to enter a position.
Please, let us know what you think about it in the comment section.
Regards EXCAVO
RSR - Potential for growthJust one more short altcoin review.
RSR - a cryptocurrency used to facilitate the stability of the Reserve token, i.e some kind of shares for RSV (stable coin).
Doesn't look too stable lol, but max drawdown if just buy and hold is moderate - only 67%, far from the worst result among altcoins. And looking to the chart it can be noticed that it pumped with btc.
So, if btc will pump soon (due to halvening mb) there're good chances RSR will do 1.5x-2x.
Ofc it's not a good idea to buy it now at resistance. Better to decide when BTCUSD goes up.
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Information is just for educational purposes, never financial advice. Always do your own research.
bullish pattern in a bear marketHey,
So the 4hr is showing hidden bullish divergence on the macd, rsi, and mfi
Everything is saying number go up
We're kind of dependent on what bitcoin does here.
Cheers
Reserve Rights...hidden gem?Was recently introduced to this project. It is to support stable coins and they were recently at the Stanford conference 2020.
Could we see 1.00 on this baby? That would be awesome. :D
I think I might set this and forget about it. Cheap right now. After looking at the investors it might be worth dropping some mullah into this while they build their foundation. Coinbase, Paypal members, PwC, etc etc...all smart money working with this project.
1 slight problem. They are currently only on Houbi exchange. They have an app on android for Venezuela. Seems to me there is something going on to help reboost the economy there. Why only in Venezuela currently? Well we should know why...the world is changing..every leader in fintech is tackling a sector of the world to create interoperability among-st the networks. This baby could shoot to 1.00 before it gets to any other exchange or even .25c down the road this decade. SO....if you're on Houbi exchange....like i said...set it ...forget it.....hold it...participate...why the hell not? :D From the looks of this....we could consolidate this year within this zone unless something crazy happens on this project and a lot of money comes in. Be patient with this one...if we double bottom just double up.
Reserve looking for a reversalHey guys,
Looking at Reserve’s Rights (RSR) token today. Seems like it wants to fall and test 21 sats again or finally fall for its listing low of 14 sats. Macd has yet to cross it’s lines to suggest a positive trend change and the rsi has never been sub 20. At least on Huobi.
Might be worth considering the mfi has been sub 20 for the past couple days.
Cheers
RSRrsr needs to follow the yellow trend line and stay above it or imo 0.0020 would be my next target
No real news to excite the RSR project as yet!
with other cryptos trying and failing in Venz, im not sure if even RSR will prosper
BUT keep an eye on it, some one might actually do it, it might be RSR
RSR LONG$RSR
Looking very good here. Nice bounce off trendline, closed above the POC, bearish pressure dying down. I'm betting on some upside here to R1 at the least.
RSR THOUGHTS$RSR
Showing resilience against $BTC, however I do notice we're losing some steam on the CCI and if I wanted a sick entry, I'd wait on a pullback to the trendline if it permitted me.