#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...
The 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...