$RLC hit a new high for the past 365 days: the previous high was 1.1534, and the current price is 1.084 (back within the range).
A new high on a one-year timeframe is significant, indicating that the price has moved out of a larger-range zone. Trading volume also expanded to 4.4 times its previous level, but this breakout failed to hold, so these signals should be viewed with caution.
Rather than guessing a target, watch to see whether 1.1534 turns from resistance into support.
#RLC
Data is from public sources. Please verify it yourself.
A new high on a one-year timeframe is significant, indicating that the price has moved out of a larger-range zone. Trading volume also expanded to 4.4 times its previous level, but this breakout failed to hold, so these signals should be viewed with caution.
Rather than guessing a target, watch to see whether 1.1534 turns from resistance into support.
#RLC
Data is from public sources. Please verify it yourself.