Rocket Pool ($RPL /USDT) Daily Chart Analysis ā Massive Surge! šš„
Current Price: $7.81 (+27.61%)
Daily Range: High $9.00 ā Low $6.08
š Key Technical Insights:
š¹ Trend & Price Action:
RPL has seen a huge spike in price today.Bollinger Bands expansion, indicating strong volatility.
š¹ Moving Averages (MA):
ā
Bullish: SMA 5, SMA 10, and SMA 20 turned bullish.
ā Bearish: SMA 50 remains bearish, so a full reversal is yet to be confirmed.
š¹ Momentum Indicators:
RSI (61.18) ā Strong bullish momentum but nearing overbought territory.
Stochastic RSI ā Bullish crossover, confirming a short-term uptrend.
MACD ā Bearish crossover, signaling that the long-term trend is still uncertain.
ADX ā Bullish crossover, meaning the trend is gaining strength.
š¹ Other Indicators:
MFI (Money Flow Index): Bullish range, suggesting strong buying pressure.
VWAP (Volume Weighted Average Price): Uptrend, supporting bullish sentiment.
š Resistance & Support Levels to Watch:
š Key Resistance: $9.00, $10.00
š Key Support: $7.00, $6.50
ā ļø Outlook & Trading Plan:
ā
Bullish Scenario: If RPL breaks above $9.00, it could target $10.00+.
ā ļø Bearish Risk: A pullback below $7.00 may bring profit-taking pressure.
š¢ Conclusion: RPL is seeing a strong breakout, but confirmation is needed above $9.00 for a sustained rally.
š„ Keep an eye on this explosive move! šš
