The price of RPL is $52 today with a 24hour trading volume of 80 million dollars. This represents a 6% price increase in the last 24 hours and a 100% price increase in the past 30 days and well yes 555000% since 4 years ago! Just think about it for a moment...thanks to eth Shanghai upgrade
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#RPL
We have a descending channel pattern on the 12-hour frame, the price is moving within it and adhering to its borders well.
We have a support area in green at a price of 18.00 after the price touched it and rebounded from it.
We have a trend to stabilize above the moving average of 100.
We have an upward trend on the RSI indicator that supports the price...
Trade setup : Bullish breakout above $25.50 resistance and back above 200-day MA (~$27) could signal resumption of uptrend with +20% upside potential to $33 next. Stop Loss (SL) at $23.
Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume...
