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- RPL price is trading above the Daily Moving Average of 20 and 50 Days.
- The current price of the Rocket Pool is $47.37 and has gained 2.66% in the last intraday trading session.
- The pair of RPL/BTC is 0.001692 BTC and increased by 2.73% in the last 24 hours.
The Rocket Pool is currently trading at $47.37 with a gain of 2.66% during the last intraday trading session. The buyers have a good grip on the coin. The upward trend might persist and it will be difficult for the sellers to trade. Bullish accumulation might take the price of the coin up to the primary resistance of $49.97 and it might rise up to the secondary resistance of $53.88.
From the price action, it is evident that the sellers might push the coin to the primary support of $37.91 or further to the secondary support of $34.18. RPL upward trend seems to continue as bulls might be prepared for any interruptions made by bears.
The volume of RPL Crypto increased by 22.91% in the last 24 hours. The increase in volume indicates that the buyers are surpassing the sellers. The short-selling pressure over the coin decreased as the volume increased. The volume-to-market cap ratio is 0.0153.
Technical Analysis of RPL
The RSI is in the overbought zone. The current RSI of the RPL is 60.61 and the average RSI is 52.89. The MACD and MACD signal have intersected producing the positive crossover. RPL price is trading above the 20, 50 Days Moving Averages.
Conclusion
RPL is currently under bullish dominance. The current price of the Rocket Pool is $47.37 and gained 2.66% in the last intraday trading session. The current RSI of RPL is 60.61 and the average RSI is 52.89.
Technical Levels
Support Levels: $37.91 and $34.18
Resistance Levels: $49.97 and $53.88
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
