This is one of those altcoins that bounced nicely following bitcoin's flash-crash. It tapped the demand zone at 2500 and shot through a prior consolidation level, capped at 3500. To confirm a bullish case, RSR would need to reclaim 4320. If it starts closing above this level on the daily, pay attention. Ideally I would want to see it break through and retest it,...
Was recently introduced to this project. It is to support stable coins and they were recently at the Stanford conference 2020. Could we see 1.00 on this baby? That would be awesome. :D I think I might set this and forget about it. Cheap right now. After looking at the investors it might be worth dropping some mullah into this while they build their foundation....
RSR/BTC has formed a falling wedge , breakout is upwards. Falling wedges have observed highest success rate so far.
Sorry folks but RSR needs to break this downtrend channel , if not obvious that it will fall to new low. rsi high, stoc high so its more in favour of a drop to 0.0015
RSR falling wedge. Pretty often that pattern give nice profits on breakout
Hey guys, Looking at Reserve’s Rights (RSR) token today. Seems like it wants to fall and test 21 sats again or finally fall for its listing low of 14 sats. Macd has yet to cross it’s lines to suggest a positive trend change and the rsi has never been sub 20. At least on Huobi. Might be worth considering the mfi has been sub 20 for the past couple days. Cheers
Rounded bottom forming, Decreasing volume, Weekly Heiken(Not pictured) is in a uptrend. I'd say 25 sats is as best time to buy in as ever. -Mitch
RSR has three battles to fight 1. the downslope 2. the 50 dma 3. .0025 resistance if it can win these battles in the future the future looks good
RSR pumped a bit ( like i said) we need to hold that trend line volume looks awful lets see what BTC does to the 1 dollar an RSR callers, get out of crypto asap. have we not moved on from 2017
RSR has bottomed ( for now) providing BTC behaves we could see some gains here IT's app due soon ( hopefully)
SO TWITTER HAS HYPED RSR- big backing????? most projects from 2017 had big backers and most have failed i want this to do well but i am personally waiting for allot lower to buy in
GET READY FOR THIS!
RSR needs to hold key support. lots of supporters but FOMO can only last so long while the alts take a bit of the market back from #bitcoin RSR needs a bit of fomo to keep momentum Not sure the whole project can provide good FOMO for a while at least Telegram group very quiet and social media. SO!! i hear you say.... but its important in crypto as you all know
Looking at RSR on the daily chart Not much to see on the daily. Willy in no mans land Histogram making LL OBV not to healthy No volume coming in yet Last support at 14 sats 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...
RSR broke its recent support uptrend line. depending on BTC obviously , RSR might take a while to regain some uptrend. brilliant prospect RSR conflicting messages from the RSR team are not helping to be fair and most holders are confused to how it works, RSR really need to remember that not all holders understand economics and crypto.