RPL_Analysis

💥 $RPL (+32.77%) 🚀 Fast Sell Now. 👍 Its price is going to increase. So sell it at the right time. Don't hold it unnecessarily. It is expected that its price will increase the most today. But since it goes up and down, it can also decrease. But the number of increases is more.👍
💥 Rocket Pool is a decentralized ETH liquid staking derivative provider. Rocket Pool pairs smart node operators with stakers to pool ETH for staking, then returns rETH to stakers for maintaining liquidity and control of their staked tokens. RPL is the utility and governance token, it is required for becoming a node operator. #RPL/USDT #RPL_Analysis #RPLMOON #RPL

$RPL – Is this the end of the rise or the beginning of a violent correction?

Current price: 6.09
24-hour increase: +24.29%
Volume: Significantly high
Frame: Daily

$RPL

What do we see on the chart?

RSI Indicator = 83.27 in the overbought area

The last candle is a strong bullish one, but it is close to the upper limit of the Bollinger Band

The large volume with a long upper wick indicates a possibility of sellers entering

The price rebounded strongly from 3.85 to 6.43 without a clear correction

$RPL

Potential trading opportunity: SHORT trade (for professional risk-takers)

Potential entry: 6.15 – 6.30

First target: 5.30

Second target: 4.90

Stop loss: Daily close above 6.70

Note: Timing is sensitive and a rebound is likely, but correction signals have started to appear

Question for the audience:
Do you expect a break of the 6.50 barrier and a rise above, or the beginning of a strong decline?

#RPL
#CryptoStrategy

#Short_Trade
#RPL_Analysis