MyCryptoParadise_Simon

RPL/USDT bullish move incoming? ๐Ÿ‘€ ๐Ÿš€ RPL Today analysis

Long
BINANCE:RPLUSDT   RPL / TetherUS
๐Ÿ’ŽParadisers, direct your attention to RPLUSDT as it showcases a compelling trajectory within the demand zone, suggesting a heightened likelihood of an upward trend.

๐Ÿ’Ž Historically, RPL has demonstrated its prowess by breaking free from a descending channel, propelling itself upwards. Even after facing resistance, it's evident that the momentum is being recaptured. The current positioning within the demand zone further amplifies the bullish narrative.

๐Ÿ’Ž However, should the asset falter in maintaining its momentum, there's a significant chance it might find bullish support around the 21.09 mark. A breach below this threshold could trigger a pronounced downward shift.

๐Ÿ’Ž It's worth noting that some novice traders might be inclined to go long at this juncture, so it's crucial to stay ahead of the curve and strategize wisely.

๐Ÿ’Ž Additionally, the MACD indicators hint at a diminishing selling pressure, increasing the probability of a retest of the aforementioned resistance.
Trade closed: target reached:
๐Ÿ’Ž Just as predicted, #RPLUSDT up a smooth 51.46%!
Comment:

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