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RSRUSDT

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
RSRUSDTLooking at RSRUSDT on the daily chart Willy is stupid Potential div working in histogram OBV noting that healthy We are in location in the buy zone between the 618 and 786 Its trading right at the POC Very low volume, will the bulls or the bears win this battle. 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. * Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
by Cryptonite_trader