📢 RLC/USDT Analysis: Price Explosion and Historic Buying Momentum!
​RLC (iExecRLC) is currently trading at 0.7478$ , posting spectacular gains of over 106.23%+, following a massive 🕯 bullish candle that reached a high of 0.7766$ , after starting from today's low of 0.3626$. Trading volume over the past 24 hours reached 48.75M RLC, with a total value of 29.16M$ USDT.
✨️​Technically, the chart shows exceptional momentum, with the price trading on bullish winds above the MA(7) moving average at 0.4167$, well above the MA(25) at 0.3427$ and the MA(99) at 0.3041$. The price is currently consolidating and stabilizing above 0.7000$ , building local support ahead of another test of the high.
​Entry, exit, and target levels:
✨️​Entry zone (retest): 0.6500$- 0.7000$
💸​Current price: 0.7478$
🎯​First target (first exit zone): 0.7766$
🎯​Second target (second exit zone): 0.8500$
🎯​Third target (third exit zone): 0.9500$
🚫​Stop-loss level (risk management): Close below 0.6000$
🌟​For this 🚀rocket to keep going, trading must hold above 0.7000$ and break through the current high of 0.7766$ with renewed buying momentum.
🤔 Tell us what you think: Do you expect RLC to break through the 0.80$ barrier and head toward 1.00$ today?
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​#RLC #ETHUp70%InQ3ButLiquidityFalls #RLC/USDT #iExecRLC #cryptotrading