Description
⋅ SUMMARY: very bullish, we had a recent correction and great buying opportunity - price target $0.15
-- Technical --
After a steep correction , trigger by the drop in BTC price by almost 20k , crypto market is recovering.
Next target is $0.15, can be easily achieved. Represents 1.618 Fib extension - easy and often reached level.
4H Bollinger Bands candle sticks have pierced multiple times the lower bound and are swinging towards to upper bands - very bullish
RSI was recently close to oversold hitting the 35 level.
MACD is about to move into a golden cross - very bullish.
-- Fundamentals --
The Market Cap is about 1BN only and is in the top 100 cyrptos. It would only require small volume of buys to push price higher.
If RSR had Dogecoins mkt cap, it would be about $7 per coin.
$$$ Happy Bull Market come Alts season $$$
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*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think, have I got it right? Let me know below.