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.
RSRBTC
RSR/BTC Falling WedgeRSR/BTC has formed a falling wedge , breakout is upwards. Falling wedges have observed highest success rate so far.
Reserve looking for a reversalHey guys,
Looking at Reserve’s Rights (RSR) token today. Seems like it wants to fall and test 21 sats again or finally fall for its listing low of 14 sats. Macd has yet to cross it’s lines to suggest a positive trend change and the rsi has never been sub 20. At least on Huobi.
Might be worth considering the mfi has been sub 20 for the past couple days.
Cheers
RSRBTC BuyRounded bottom forming, Decreasing volume, Weekly Heiken(Not pictured) is in a uptrend.
I'd say 25 sats is as best time to buy in as ever.
-Mitch
RSR needs to hold key supportRSR needs to hold key support.
lots of supporters but FOMO can only last so long while the alts take a bit of the market back from #bitcoin
RSR needs a bit of fomo to keep momentum
Not sure the whole project can provide good FOMO for a while at least
Telegram group very quiet and social media. SO!! i hear you say.... but its important in crypto as you all know
RSRBTCLooking at RSR on the daily chart
Not much to see on the daily.
Willy in no mans land
Histogram making LL
OBV not to healthy
No volume coming in yet
Last support at 14 sats
Considering this is a fairly new asset TA could be invalidated here because of fundamental news. Also looking on the 4h RSR seems to look a lot better than the daily. Chart for that will be posted bellow.
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RSR LONG$RSR
Looking very good here. Nice bounce off trendline, closed above the POC, bearish pressure dying down. I'm betting on some upside here to R1 at the least.
RSR strugglingRSR broke its recent support uptrend line.
depending on BTC obviously , RSR might take a while to regain some uptrend.
brilliant prospect RSR
conflicting messages from the RSR team are not helping to be fair and most holders are confused to how it works, RSR really need to remember that not all holders understand economics and crypto.
RSR THOUGHTS$RSR
Showing resilience against $BTC, however I do notice we're losing some steam on the CCI and if I wanted a sick entry, I'd wait on a pullback to the trendline if it permitted me.