1-day timeframe
📅 RIF/USD 1D Analysis: Bearish trend ⚖️
RIF is trading at ~$0.05096 (-6.90% over 7 days) below the 50-day SMA ($0.04559). RSI (~31.58) is neutral, with 4/29 indicators for buying. Trading volume: ~$1.40M.
🔑 Key levels:
Resistance: $0.0550–$0.0600.
Support: $0.04659–$0.0490.
📈 Forecast: Holding $0.0490 could lift RIF to $0.0600 (+18%). A drop below $0.04659 (target @bitone_great) risks testing $0.04142. DeFi adoption and RootstockCollective are catalysts! 📈