The has formed a and the Fibonacci Time zone indicator shows the beginning of the next cycle. The about mentioned facts suggest that the next cycle could result in a massive growth and could take RPX /USD up to $0.3 area in a very short period of time.
As this could be just the beginning of the long term uptrend, if the $0.3 is broken, price is likely to reach $1 psychological resistance, which could happen even before the year end.
Considering the extremely cheap price and the beginning of the new cycle, this seems like a very solid buying opportunity for the short, medium and long term. While the downside risk is extremely low, the upside potential in enormous.