RLC
2 options on the table right nowResistance at 11.
Support at 9.8.
Either RLC will hit 50% again(FIBR) and bounce back up to resume bull run.
OR
It'll keep dropping passed to the 61.8% zone and will keep price of 10.5000 for a while.
Personally I think RLC is close to surpassing the $14! Let's see how it develops
RLC/ETH REVERSAL OPPORTUNITY (REVERSE SYMMETRICAL TRIANGLE)iExec RLC / Ethereum
Technicals
Bullish Divergence on MACD Daily
Reversal on Stoch RSI Weekly
Reverse Symmetrical Triangle Pattern
5 waves compose the reverse symmetrical triangle (A-B-C-D-E).
Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration
Break of the down trend line on USD and BTC charts
Fundamentals
Decentralised Oracles, Cloud Computing
Enterprise Marketplace Launch Q1
Collaboration and research with large industry players in the tech sector
Total Supply = 86,999,785 RLC
Circulating Supply = 80,070,793 RLC
Targets for RLC/ETH
TP1 = +-0.005
TP2 = +-0.008
TP3 = +-0.017
IEXEC RLC / BITCOIN - Long Term TrendA great project with strong fundamentals and the potential to provide decent BTC ratio gains during the start of the altcoin cycle
Fundamentals:
Promising project with a technically knowledgable team, decentralized Oracles (look at what happened in price action compared to LINK), Cloud Computing for graphic 3d rendering and AI (machine learning models), etc.
Enterprise Marketplace Launch Q1
Collaboration and research with large industry players in the tech sector
Total Supply = 86,999,785 RLC
Circulating Supply = 80,070,793 RLC
Technicals:
Weekly MACD histogram showing bullish flip on the weekly chart
Parabolic SAR indicates a start to a potentially strong uptrend on the daily chart
Price broke out of the long-term bullish descending wedge and formed a medium-term bullish descending wedge
Price forming Ascending triangle on 4h chart
Long-term Gann line acting as support should the ratio drop
EMA Cross on daily (20 EMA ready to cross above 50 EMA)
Fractal points to a future price increase up to at least red horizontal or orange resistance lines
Targets for RLC/BTC
TP1 = +-0.00021
TP2 = +-0.00026
TP3 = +-0.00039
TP4 = +-0.00057
iExec RLC (RLC) to the MOON!Hi
R L C to the Moon -Andrew Anthony
iExec is an open-source, decentralized cloud computing platform, running on Ethereum blockchain. iExec allows decentralized applications (dApps) an on-demand access to computing resources and technologies on iExec cloud. iExec has built a blockchain network where dApps can take advantage of cost effective and high-performance resources such as servers, databases, SaaS applications, web hosting and computer farms. iExec’s native cryptocurrency — The RLC token is the primary asset used to access services in iExec infrastructure. RLC is short for “Run on Lots of Computers.”
after coorection you can add it to your bag
RLCUSDTThe price is going to form a M pattern. The details are shown for you on the chart. However, we have shown only 10 percent of it which you can easily gain profit from.
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