$RPL RPLUSDT Technical Analysis (15m chart)
• Price Action: RPL has surged from a low of $4.697 to a high of $6.368, a strong bullish momentum confirmed by a breakout above all significant EMAs.
• EMA Structure:
• EMA(21) = $5.404
• EMA(34) = $5.251
• EMA(55) = $5.122
• EMA(89) = $5.024
• EMA(144) = $4.954
• EMA(233) = $4.913
All EMAs are aligned in perfect bullish order, indicating a strong upward trend with tight price compression and breakout.
• Volume: Spike in volume confirms institutional or high-interest buying. Over 685K contracts traded signals strong participation.
• MACD: Bullish crossover, histogram rising sharply. Strong bullish momentum is supported by both MACD line and signal line separation.
• RSI:
• RSI(6) = 80.82
• RSI(12) = 82.39
• RSI(24) = 80.83
RSI is in overbought territory but still rising, often indicating continuation in momentum breakouts, especially in trending markets.
• OBV: Despite the slight drop, OBV still supports the price move with a steep uptrend prior to consolidation, confirming volume-backed price increase.
• Candle Pattern: Minor retracement after breakout candle is healthy. Holding above $6.00 level is key; a bounce confirms continuation.
• Short-Term Bias: Bullish continuation likely unless $5.80 is broken to the downside. Consolidation near $6.00 may provide re-entry opportunity before another leg up.
• Next Target: If momentum sustains, next possible target $6.80–$7.00 zone.