The price of RPL is $52 today with a 24hour trading volume of 80 million dollars. This represents a 6% price increase in the last 24 hours and a 100% price increase in the past 30 days and well yes 555000% since 4 years ago! Just think about it for a moment...thanks to eth Shanghai upgrade
Rocket Pool is a decentralized Ethereum staking pool offering up to 4% APR...
Early funding for rocket pool came in the form of ICO, crunchbase.com metrics.
Initial coin offerings give a chance for people to buy the token before it is available for public trade on markets. Less decentralized than if the token had made no sales before being pushed to market.
Trade setup : Trends are improving but price has failed to stay above $25.50 resistance and 200-day MA (~$27), which it needs to signal resumption of uptrend with +20% upside potential to $33. We wait for price to regain those key levels.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least...
#RPL
We have a descending channel pattern on the 12-hour frame, the price is moving within it and adhering to its borders well.
We have a support area in green at a price of 18.00 after the price touched it and rebounded from it.
We have a trend to stabilize above the moving average of 100.
We have an upward trend on the RSI indicator that supports the price...
Trade setup : Bullish breakout above $25.50 resistance and back above 200-day MA (~$27) could signal resumption of uptrend with +20% upside potential to $33 next. Stop Loss (SL) at $23.
Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume...
RPLUSDT(RocketPool) Daily timeframe range. another high risk and reward Price action. so have to trade carefully. now its trying to stay above 24.08. if it fails their it will head back to 18.52. all it require here now is retail interest for a push.
The chart here shows that the price has been in a downtrend from May 2023 to around March 2024. There was a consolidation phase afterward, followed by a recent attempt to reverse the trend from the support zone.
Support Zone : Between approximately 16.00 and 18.00 USDT . This is a significant support area where buying interest has been strong enough to prevent...
Rocket Pool is one of the largest Eth liquid staking platform. Billion in total value locked, but market cap still below 1 billion.
Currently back to the weekly support and the demand zone. If we see the volume we can see huge accumulation of RPL at this zone.
We can get a good risk to reward entry at this levels. It will be very interesting to see when it...
Last week RPL respected its weekly support and now is above monthly support.
Who ever got the entry near the support line will be having nice greens by now.
If it can stay above the monthly support we might see it continue its run with the Bitcoin.
Very exciting few weeks ahead.
RLPUSDT discovered solid support at the 78.6% Fibonacci retracement level, marking a precise bounce. The breakout from the wedge pattern signals strong bullish intent.
The current pullback could offer an excellent buying opportunity, boasting a promising risk/reward setup. A target at the 261.8% Fibonacci resistance level suggests the potential for a remarkable...
$RPLis breaking out huge accumulation box in daily timeframe 👀
Expecting a Massive Bullish Wave 📈
Trading breakouts from huge accumulation zones involves identifying areas where significant buying or selling pressure has been building up, and then executing trades when the price breaks out of these zones. Here are some steps you can follow:
1. **Identify...
💎 Paradisers, turn your attention to RPLUSDT as it presents significant market activity. The asset is hinting at a possible bullish progression from a crucial support level.
💎 Recently, RocketPool encountered resistance at $33.62. If RPL can uphold its position at the important support level of $28.2, there's a good chance we might observe a continuation of its...
💎Paradisers, direct your attention to RPLUSDT as it showcases a compelling trajectory within the demand zone, suggesting a heightened likelihood of an upward trend.
💎 Historically, RPL has demonstrated its prowess by breaking free from a descending channel, propelling itself upwards. Even after facing resistance, it's evident that the momentum is being...
BINANCE:RPLUSDT Long idea
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Trade setup : Price is in an Uptrend, trading in a Channel Up pattern. Swing traders could enter on pullbacks near Channel support trendline (~$45) and exit near Channel resistance trendline (~$65). Trend traders ought to wait for a breakout from Channel. This liquid staking protocol has a steadily growing Total Value Locked (TVL), indicating user adoption, and...
The middle line of this up channel has consistently been tested and consistently provided support
Likely that we will see a rebound upwards from here as we have come to see
