RSRUSDT
Reserve Rights Potential Top vs Tether USDReserve Rights (RSRUSDT) is showing signals of a potential top.
Right now we have prices testing EMA10 (0.023062) as support on a strong bearish candle.
We can also notice strong bearish divergence with the MACD and RSI.
The trading volume is low on today's and yesterday's candle but we still have many signals pointing lower... We have a potential top/peak for RSRUSDT.
This is not financial advice.
Namaste.
RESERVE YOUR FUTURE. RSR IS SETTING UP FOR SOMETHING INCREDIBLERSR is looking really good. Massive breakout. Plenty of room with the MACD to move up. Stoch is a little high on the 1 day but does not concern me. Volume is growing steadily. I have a clear bull signal which has been honoured 90% of the time with this coin.
Price action is growing. Reserve Rights Token price today is $0.01717016 with a 24-hour trading volume of $33,680,139. It has a circulating supply of 6.8 Billion coins and a max supply of 100 Billion coins. Don't let those token numbers fool you. DYOR. They have a unique policy on supply. Understand it before you invest. It will give you peace of mind.
I can see that this coin is in total price discovery. It is going to bounce a lot around for a while. There is clearly something brewing. The volume is my main indicator. It does not lie. Don't be shocked if you wake up one day or on multiple days and you see 40% - 60% jumps in price. If BTC stays steady in range, I can see $RSR going on a rampage. And it will be violent.
Another important note is that liquidity. For the bigger exchanges to come on board that needs to be sorted out. I don't see that as an issue. They have plenty in reserve and they have cash reserves to continue operations for years. The people behind this coin are extremely powerful. Think: Ex Paypal and others. Once again, DYOR.
I just picked up from their twitter page: "We are working to bring $RSR and $RSV to additional crypto exchanges. To do so, we are deploying treasury funds for $RSR liquidity provision. Check out our medium for details. We're excited about what's to come for the project and our community."
Here is a basic outline of where I see this coin:
New listings on major exchanges like Binance, Coinbase are probably within the near future.
It's well undervalued against where I see it in months (not years). Therefore an easy ALT hold in this environment.
Well funded.
It's already backed by Coinbase....
Mainnet is near
Partners are super connected:
-Peter Thiel- advises Trump on economic and security
-Brian Brooks- Head banking Regulations
-Paul Atkins-Form SEC coss. provides Trump eco advice
Liquidity already in place for large exchanges - this to me means it is imminent
Has potential to go to Billions in Market Cap and be a Top 10 coin
Has so many advantages over their competitors.
Some potential deal with Paypal.
Don't underestimate the 'Rangers' factor.
These elements will help 'explode' the price. IMO, this is one of the most undervalued coins in the market full stop.
No advice. #DYOFR #RSR We live in a bubble. Go enjoy life. Make trades and enjoy the outcome whatever that maybe. Life is one giant video game! How can you take advice from someone with those views.
Enjoy. Love and light.
Crypto Nut
RSR Reserve Rights Fib Retracement levels to watchRSR Reserve Rights have a dangerous low Circulating Supply of 6,849,999,000 RSR from a total supply of 100,000,000,000 RSR so do the math what will happen to the price when all the supply hits the market.
For short term my target is at Fib 0.618 (7395 satoshi) for RSR, but in time can go even lower.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Reserve Rights, due for a correctionSeems like the parabola is broken and we're going to correct a bit.
Didn't sell the peak but still had an amazing run and i'm gladly locking in some profits.
Don't have much to go by except for the corona crash, so i expect the dip will be so intense.
Wouldn't be surprised if it goes on another run soon, since it briefly entered the top 100 i'm sure its on some peoples radar now.
Will buy back around 0.006 or lower if i get the opportunity.
RSRUSD - Another resistance test (breakout soon?)Quickly approaching resistance again, tested multiple times, trending strong. I think it's reasonable to expect a breakout here.
Watching closely.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Reserve Rights - RSROne of those coins I see growth potential and now I'll explain to you. Why? What's it?
Company reserve.org
Reserve is a flexible pool of stablecoins designed to reduce risk through diversification and decentralized governance.
The company has two tokens:
Reserve (RSV)
The stable cryptocurrency that is economically and legally robust at any scale. Decentralized, 100% asset-backed, and funded by top Silicon Valley investors.
Reserve Rights (RSR)
The fluctuating protocol token that plays a role in stabilizing RSV and confers the cryptographic right to purchase excess Reserve tokens as the network grows.
As is well known, there are already we've about two dozen stable coins, but this's a project with a decentralized stablecoin that won't allow the team to conduct unlimited emission as the Tether company does;
The second - is the team;
The third is the initial investor Coinbase, co-founders of PayPal and others;
You can see on the site all the major investors.
Speaking of technical analysis, we've now broken through a long-term resistance line and this's a signal for many investors to enter a position.
Please, let us know what you think about it in the comment section.
Regards EXCAVO
RSR USDT Buy & Hold Idea for May 9th, 2020MA 50 & MA 200 look good here. They are creeping up. RSRBTC seems to be bottoming out soon. The USDT pair looks primed for another breakout and the buy line is sloping upwards. Break this diagonal trend line resistance and I think we make a solid move here.
Not financial advice. These are just me learning how to chart.
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.
RSR/BTC Falling WedgeRSR/BTC has formed a falling wedge , breakout is upwards. Falling wedges have observed highest success rate so far.