RPLUSDT - The Next Multi-Bagger -$36 (Here's How)Curious to understand more? Its on my about section!!
BINANCE:RPLUSDT Is going to go bonkers!! How???
This is a month chart depiction - Look at the strong TPO and Buyers have defended the positions and DOM is also strong here, What we see is the SMA line is not holded, but at stances of 4 regular intervals, it couldnt hold, this time they can and they will
With multiple golden crosses, Its bound to follow
1. 19.37 and fall so cmp buy and hold is better
2. CMP to single vol break to range 35-37
Lets GOO!!
Rplusdtbuy
#RPL/UAST#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 upwards.
Entry price 22.67.
First target 25.24.
Second target 28.20
Third target 30.85
RPL - Rocket Is ReadyThe chart here shows that the price has been in a downtrend from May 2023 to around March 2024. There was a consolidation phase afterward, followed by a recent attempt to reverse the trend from the support zone.
Support Zone : Between approximately 16.00 and 18.00 USDT . This is a significant support area where buying interest has been strong enough to prevent further declines.
Resistance Levels:
- Immediate Resistance : Around 21.20 USDT . Price has approached this level, and it might act as a short-term barrier.
- Further Resistance : Between 27.11 and 31.10 USDT . This zone has previously acted as resistance and could pose a challenge for price movement.
- Higher Resistance : Around 38.60 USDT and 50.10 USDT . These levels could be potential targets if the price breaks through the initial resistance zones.
Bullish Scenario:
- If the price can break above the immediate resistance at 21.20 USDT, the next target would be the 27.11-31.10 USDT zone. A successful breakout above this could lead to a move towards 38.60 USDT and potentially 50.10 USDT.
Bearish Scenario:
- If the price fails to hold above the support zone, it might revisit the recent lows around 18.00 USDT. Further downside could be limited by the next major support at around 16.00 USDT.
- Volume : There is an increase in volume corresponding to the recent upward movement, which supports the potential for a trend reversal.
- Stochastic RSI : The Stochastic RSI is in the oversold region and starting to move upwards, indicating potential bullish momentum.