The recent daily level surge of RPL is quite stunning.
It skyrocketed from $3.143 to $7.974, directly breaking through the upper Bollinger Band, showcasing a strong performance that is eye-catching. This steep ascending channel often signifies that major funds are actively intervening.
The K-line combination of three red soldiers, along with the expanding opening of the Bollinger Band, perfectly illustrates what "the longer the horizontal, the higher the vertical" means. Although there may be fluctuations from profit-taking in the short term,
the MACD golden cross with continuously expanding red bars shows that bullish momentum is being released in an orderly manner. This volume-price coordination is quite healthy.
Especially considering the previous historical high of $19.911 is still far away, this position currently seems more like a buildup for a subsequent breakthrough.
As a core asset in the Ethereum staking sector, RPL's fundamental support and this wave of technical breakthroughs form an excellent resonance. Projects backed by actual business tend to have sustainability once a trend is initiated.
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