The price action and MACD are both tapering. RSI looks close to oversold.
OBV does not seem to show lot of selling even when the price action has been downward.
Expecting this to breakout in the coming weeks. This is a project with good fundamentals and will compete directly with the
centralized cloud compute providers. The market cap is still under $1 billion...
A great project with strong fundamentals and the potential to provide decent BTC ratio gains during the start of the altcoin cycle
Fundamentals:
Promising project with a technically knowledgable team, decentralized Oracles (look at what happened in price action compared to LINK), Cloud Computing for graphic 3d rendering and AI (machine learning models),...
iExec has had amazing gains last days. Current resistance is a macro down-trend. If we break these levels, RLCBTC gets even more bullish. But this seems to be a logical place to cool down and consolidate before breaking to the upside.
Long RLC/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
$RLC
Showing really strong volume not seeing since mid '20 as its going for a second try at ~5k sats level
Still riding this one since the UCTS 2D Buy signal..
Volume usually preceeds price.
Looking for a flip or straight volume as signal of continuation 🍀🤞
#RLC
