4-hour timeframe
🔍 RIF/USD 4H Analysis: Spike in volatility 🚀
RIF at ~$0.05096 (-0.75% in 4h) is forming a symmetrical triangle. RSI (~31.58) indicates a neutral state, Bollinger Bands are narrowing. Trading volume: ~$1.40M (+805% in 4h).
🔑 Key levels:
Resistance: $0.0520 (upper boundary).
Support: $0.0490 (lower boundary).
📈 Forecast: A breakout above $0.0520 could lead to a rise to $0.0550 (+8%). A drop below $0.0490 will result in a test of $0.04659 (@bitone_great). USDRIF and RNS are heating up interest! 🛠️