#RocketPool Price Climbs to $6.51 — Is a Breakout Coming?
Rocket Pool’s native token, RPL, has shown notable recovery today, gaining 6.90% in the last 24 hours to trade around $6.51. This rise comes after dipping to a daily low of $5.86, with the price reaching as high as $6.95 during the session.
Currently, $RPL is moving within a consolidation range after several volatile weeks. The total trading volume for the day hit approximately 987,834 RPL, translating to over $6.39 million in USDT. This boost in price and volume signals renewed interest from traders, especially as liquid staking narratives remain strong across the crypto market.
Looking at the price levels on the order book, there’s visible resistance forming around the $7.10 to $7.97 range, while support seems to be holding near $6.24 and lower at $5.38. A clean break above the $7.00 barrier could lead to a stronger bullish move, possibly testing the $8.00 zone. However, if selling pressure returns, RPL may revisit support zones below $6.00, particularly around $5.38 and $4.52.
Rocket Pool continues to benefit from increased attention on decentralized staking solutions. As Ethereum's staking ecosystem expands, protocols like Rocket Pool may see growing adoption, which could provide long-term price support for RPL.