First, I would like to say that I don’t know anything about the fundamentals of this project. This is a chart analysis only. If you’re a fan of the project, don’t take it personally.
RSR’s chart shows a lifetime downtrend. RSR pumped hard between October 2020 to April 2021 and since then it is in a downtrend. I can’t see a reversal sign on the chart.
Since April 2022 RSR is forming a falling wedge. You can see on the chart that it is respecting the support and resistance lines very well.
Hypothetically, should the bull market return and if RSR performs well, it could go back to its ATH. If it does, it’s almost a 50X.
From my POV, it’s a complete Degen play but, I might try it.
If anyone knows something about this project, please put it down in the comments.
NFA
Feedback will be appreciated.
Best wishes to all.
RSR’s chart shows a lifetime downtrend. RSR pumped hard between October 2020 to April 2021 and since then it is in a downtrend. I can’t see a reversal sign on the chart.
Since April 2022 RSR is forming a falling wedge. You can see on the chart that it is respecting the support and resistance lines very well.
Hypothetically, should the bull market return and if RSR performs well, it could go back to its ATH. If it does, it’s almost a 50X.
From my POV, it’s a complete Degen play but, I might try it.
If anyone knows something about this project, please put it down in the comments.
NFA
Feedback will be appreciated.
Best wishes to all.
Trade active:
Trade active. This is a long-term bet. see you in 2025