#RPL is currently sitting on a key support zone, which is further strengthened by the daily EMA200. If the daily candle closes above this zone, we expect the bullish momentum to continue. In that case, the potential upside targets are:
🎯 $8.64
🎯 $10.35
🎯 $12.05
🎯 $14.47
🎯 $17.55
However, if BTC drops further and BTC dominance rises, causing RPL to lose this support zone, we’ll place another buy ladder near the $5.93 support level to average down the entry.
⚠️ As always, use a tight stop-loss and apply proper risk management.
🎯 $8.64
🎯 $10.35
🎯 $12.05
🎯 $14.47
🎯 $17.55
However, if BTC drops further and BTC dominance rises, causing RPL to lose this support zone, we’ll place another buy ladder near the $5.93 support level to average down the entry.
⚠️ As always, use a tight stop-loss and apply proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.