#RLCUSDT in the daily time frame breaks the support levels one after another and decreases. After breaking the $1.900-$2.020 level, the price recently retested it and is now moving towards the $1.100-$1.210 level. After reaching the specified support level, #RLCUSDT may start to grow, but considering that the downward trend is still strong, the price needs time to collect the necessary liquidity.
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#RLCUSDT has been tracking a symmetrical triangle pattern, signaling a high probability of an upcoming breakout. Right now, the price is gaining momentum at the ascending support, which could set the stage for a bullish push. If this momentum holds, we could see the price breaking above the triangle, potentially setting off a significant upward move. However, it's important to note that we’re not in full breakout mode just yet.
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#RLCUSDT The price is in an ascending triangle and the price is accumulating heavily and it seems that it wants to leave the triangle. If the triangle can be broken up, we can expect prices of 2.9299 - 3.6033 - 4.8083.
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Technical CRYPTO Analyst
#RLCUSDT The price is in an ascending triangle and the price is accumulating heavily and it seems that it wants to leave the triangle. If the triangle can be broken up, we can expect prices of 2.9299 - 3.6033 - 4.8083.
#RLCUSDT - UPDATE As expected, the price managed to reach our first target after breaking the resistance area and breaking the downtrend line. And the analysis is more than 50% in profit.
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#RLCUSDT The trend is completely bullish and we are waiting for the downtrend line to break and after confirmation I can expect a big rise. The targets are clear on the chart and keep an eye on the analysis.
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