$RPL /USDT Market Update: Sharp Drop After Hitting $12.10 📉
Rocket Pool (RPL) surged to a 24-hour high of $12.10 before experiencing a strong pullback, now trading at $9.10 (-9.46%). Despite this drop, the 7-day performance remains positive (+42.03%), showing strong volatility.
📊 Key Levels:
🔹 24h High: $12.10
🔹 24h Low: $7.65
🔹 Support: Around $8.38
🔹 Resistance: Near $10.84
🔍 Technical Indicators:
📉 Moving Averages: Price has fallen below the 7-day MA ($10.58) and is approaching the 25-day MA ($9.96)—a bearish signal.
📊 MACD & RSI: Signs of cooling momentum, but potential for a rebound if buying pressure increases.
💡 Market Sentiment:
The market remains highly volatile, with 78.06% buy orders vs. 21.94% sell orders. Will RPL recover or continue its decline? Share your thoughts!