$RLC Approaching the $1 Mark ( beginners freindly prediction)
$RLC is currently priced at $0.993, up nearly 7% today, showing strong signs of bouncing back after falling to $0.916.
Even though it has been down over the past month and
$RLC (about -12% in 30 days, -17% in 90 days, and -24% in 180 days), today’s rise suggests buyers are stepping in again.
Trade Idea — Going Up
Buy between: $0.985 and $0.99
First goal: $1.02
Second goal: $1.06
Third goal: $1.10
Cut losses if it falls below: $0.95
Why This Looks Good
Big daily jump of nearly 7% after being oversold.
Close to 1 million RLC traded in the last day, backing this price move.
Buying and selling are almost equal right now (46% buy vs 54% sell), but if ITbreaks above $1, buyers could take full control.
Chart shows a possible “double bottom” near $0.92–$0.94, now pushing higher.
#RLC #cryptotrading