🔥 $RPL Surges from $5.86 to $6.95 – Bullish Reversal or Just a Spike? 🔁

Rocket Pool ($RPL ) has shown impressive strength with a sharp move up from $5.86 to $6.95 — a +18.6% swing before settling around $6.46 (+5.56%). The price action hints at a strong reversal attempt from the recent downtrend.

📊 Trading Insights:

Liquid Staking Theme: $RPL is gaining traction again as interest around decentralized staking revives.

Massive 1H Candle: Sharp breakout from a multi-hour base near $6 — signals breakout traders piling in.

Wick at Top: Rejection near $7 shows resistance; sellers stepped in fast.

📈 Momentum Check:

Today: +8.56%

7D: +20.04%

30D: +13.31%

90D: +27.36%

📉 But Long-Term Pain Persists:

180D: -56.55%

1Y: -72.65%

Rally still sits within a broader macro downtrend. Caution warranted above $6.95 unless volume sustains.

🧠 Investor Viewpoint:

Short-term traders could ride volatility on potential retest of $6.90+. But failure to break $7 cleanly may bring a pullback to $6.15–6.25 support. Long-term holders may still need a broader narrative shift in liquid staking to regain confidence.

⚠️ Disclaimer: This is not financial advice. Always DYOR and use risk management. Fast moves = fast reversals.

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