Reserve Protocol ($RSR )

RSR is preparing for the second token burn on June 20, following the successful destruction of 1.28 million RSR on May 21. This event could significantly impact the altcoin's price, generating new interest from investors and price movement.

The last RSR burn led to a price increase of 13.7%. A similar short-term rise could occur after the upcoming burn, especially if the MACD indicator shows a bullish crossover. If momentum persists, RSR could reach $0.0073, with the next resistance level at $0.0081, attracting additional investor attention.

However, if the overall market sentiment turns bearish, RSR risks facing difficulties in maintaining support levels. A break below $0.0064 or $0.0059 would indicate significant weakness and negate the bullish outlook. In this case, the altcoin may continue to decline.$GPS $QUICK