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Rsr

RSR - Potential for growthJust one more short altcoin review. RSR - a cryptocurrency used to facilitate the stability of the Reserve token, i.e some kind of shares for RSV (stable coin). Doesn't look too stable lol, but max drawdown if just buy and hold is moderate - only 67%, far from the worst result among altcoins. And looking to the chart it can be noticed that it pumped with btc. So, if btc will pump soon (due to halvening mb) there're good chances RSR will do 1.5x-2x. Ofc it's not a good idea to buy it now at resistance. Better to decide when BTCUSD goes up. Hit the "LIKE" button or sign up with my ref links below to support, it would be much appreciated. Information is just for educational purposes, never financial advice. Always do your own research.
by Bitduke
1
Outlook for RSR - Promising Project?RSR is officially on my radar. My crypto colleague expert Simon Gbologe has been telling me about this project for quite some time. I'm starting to see where it has real potential. It's available on HotBit right now, but apparently Coinbase is investing in this project. It's probably safe to assume Coinbase Pro will be carrying it soon. I'm already looking at the techs on it. This would be a "dream purchase" if it ends up hanging around for a while, kind of like buying XRP when it was sub-penny in price. Look for future updates on this from me, and let me know if any of you already have a position with this coin, or have thought about it! Carlton Flowers The CryptoPro
by carltonzone
3
RSR levels to watchThis is one of those altcoins that bounced nicely following bitcoin's flash-crash. It tapped the demand zone at 2500 and shot through a prior consolidation level, capped at 3500. To confirm a bullish case, RSR would need to reclaim 4320. If it starts closing above this level on the daily, pay attention. Ideally I would want to see it break through and retest it, but these set-ups don't always give that opportunity. Additionally, the 3500 level needs to hold. A clean break below would signal a retrace to 2500. Obviously, much depends on bitcoin price action, so be careful.
RLong
by FatCatCrypto
Reserve Rights...hidden gem?Was recently introduced to this project. It is to support stable coins and they were recently at the Stanford conference 2020. Could we see 1.00 on this baby? That would be awesome. :D I think I might set this and forget about it. Cheap right now. After looking at the investors it might be worth dropping some mullah into this while they build their foundation. Coinbase, Paypal members, PwC, etc etc...all smart money working with this project. 1 slight problem. They are currently only on Houbi exchange. They have an app on android for Venezuela. Seems to me there is something going on to help reboost the economy there. Why only in Venezuela currently? Well we should know why...the world is changing..every leader in fintech is tackling a sector of the world to create interoperability among-st the networks. This baby could shoot to 1.00 before it gets to any other exchange or even .25c down the road this decade. SO....if you're on Houbi exchange....like i said...set it ...forget it.....hold it...participate...why the hell not? :D From the looks of this....we could consolidate this year within this zone unless something crazy happens on this project and a lot of money comes in. Be patient with this one...if we double bottom just double up.
RLong
by AschraM
4