RPL
Bullish RPL The chart above shows the 1Day chart of Rocket Pool 200-day and 50-day Moving Average (MA). RPL is on a bullish trend, as indicated in the recent uptrend.
Also, since the gap between the moving averages is small and within the recently formed candlesticks, the price of Rocket Pool (RPL) might experience a big rise or fall in the future.
From the chart above, we can observe that Rocket Pool (RPL) has been up to its listing price. Moreover, it seems like RPL is going rangebound when you look at the 1-day Chart. If RPL is able to break its weak high formed at $50.3511, we can expect RPL to trade above $80.
However, another possible scenario is that if RPL cannot break its weak high, RPL can reach back to its previous order block at $20.5403 and $19.3841, which is a downward stance.
RPL potential to increase in OCT#RPL
Rocket Pool is a protocol that allows users to stake their Ethereum (ETH) in order to earn returns. Furthermore, users who run their own nodes receive higher returns.
It will launch its main net on Oct 6. The rollout will transpire in four phases, each of which limiting the size of the ETH deposit pool.
The RPL/ETH pair has just broken out above the 0.01 ETH resistance area.
JSE:RPL RDI Reit Re-accumulationFollowing the accumulation and markup of RDI Reit (See posts below) we have had a trading range which seems to be a re-accumulation trading range. The previous push higher showed a minor sign of strength. After some accumulation volume we now see some volume pushing the breakout level. Now looking for the break higher to take the next step higher in the markup.