RLC/USDT – powerful breakthrough!
Current price: 1.508 USDT (+40.02%)
24h volume: 28.37 million RLC / 38.69 million USDT – high market interest
Price movement:
A strong bullish candle broke the resistance around 1.532 USDT.
The price is above EMA(7)=1.467, EMA(25)=1.254, EMA(99)=1.089 → confirms the upward trend.
Indicators:
MACD: 0.134 > signal 0.091, histogram +0.043 → bullish momentum.
Stochastic RSI: %K=48.628, %D=66.939 → there is room for growth.
RSI: 14-period 68.206 → close to overbought, short-term correction possible.
Entry points:
Conservative: pullback to EMA(7) ~ 1.467 USDT
Aggressive: consolidation above resistance 1.532 USDT
Targets:
🎯 Nearest: 1.600–1.620 USDT
🚀 Distant: 1.700–1.750 USDT
Risks:
RSI close to overbought → possible correction.
Decreasing volume on the rise → weak momentum.
Conclusion:
The bullish trend is strong, supported by EMA and MACD. Growth is possible, but it's better to enter on pullbacks and monitor RSI signals.
