RLCUSDT trade ideas
daily analysis_ LRC and Ai projects may increase in priceDue to the boom in artificial intelligence and significant developments in the combination of AI and blockchain, some coins and tokens related to artificial intelligence are in favorable conditions, as well as the upward trend of Bitcoin and the crypto market.
There is a possibility of several hundred percent increase for AI and web3 tokens.
One of these projects is iExec token (RLC), which after a few months of price consolidation is now crossing the channel, and if it stabilizes above the channel, it has the possibility of 350% growth in the next few months.
TOP ASSETS of the AI NARRATIVE | PART 2In the comments of “Top AI assets part 1” you mentioned some more promising projects, the main product of which is AI. We decided to tell you more about them and check their metrics
iExec RLC
iExec is considered as a project with the AI narrative, but it is partly wrong. The main specialization of iExec is providing computing power and organizing the market around this sector.
iExec forms large volumes of data and if we check their products, we will see that these volumes of data are being used actively but we have to understand that this is a side line of their business. In general, iExec as a project is more like Flux than any project in the AI narrative.
Metrics of the $RLC token:
Price: $1.75
ATH price: $11.6
Market.cap: $141m
ATH market.cap: $800m
FDMC: $152m
Over the past 2 months, the $RLC token has grown more than 2 times.
We do like iExec as a project with its own goals and values and that’s why we listed it on our platform for trading
Vectorspace AI
The team focuses on creating AI and ML solutions in space biosciences, general life science and capital markets. So far the team has launched two products:
A financial product for protecting investment portfolios and finding stock and cryptocurrency market correlations for long or short trades.
A product for biosciences in a Protein Relationship Networks area.
Metrics of $VXV token:
Price: $0.57
ATH price: $18.1
Market.cap: $27m
ATH market.cap: $347m
FDMC: $28m
Over the past 2 months, the $VXV token has grown more than 2 times.
Matrix AI Network
Project that focuses on an AI integration directly into the crypto. Matrix has 4 main products:
Mania - a platform for trading AI algorithms in an NFT type
Airtist - a generative art creation platform for NFT
Manta - an automatic machine learning platform
Matrix - an AI service platform
Metrics of $MAN token:
Price: $0.02254
ATH price: $1.7
Market.cap: $4.8m
ATH market.cap: $6m
FDMC: $22.5m
Over the past 2 months, the $MAN token has grown more than 4 times.
Numeraire
Platform for Data Science and Machine Learning specialists. Project supports DS and ML specialists, conducts predictive ML contests and builds its own progressive community.
Metrics of $NMR token:
Price: $16.7
ATH price: $84
Market.cap: $98m
ATH market.cap: $487m
FDMC: $183m
Over the past 2 months $NMR has grown by 64%
Streamr
A project for data transferring within web3. Streamr is primarily an infrastructure project, preparing the basis for the data economy.
Metrics of $DATA token:
Price: $0.03308
ATH price: $0.3102
Market.cap: $25m
ATH market.cap: $223m
FDMC: $28m
Over the past 2 months $DATA has grown by 50%
Conclusion
As we’ve told you earlier, the benefits that AI offers, along with its increasing adoption and application, guarantee the expansion of AI projects and a profitable market.
Let us know in the comments about more AI projects we should look at. Share your investing or trading experience with such projects.Thanks for reading!
RLCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RLCUSDT
In this chart, R2 and R1 are our resistance areas in which the unsuccessful triumphs of price is obvious. And S1 used to be a resistance area. And S2 is the support area with its support of price at different points. Thus, we observe the fluctuation of price below R1 after a recovery trend and our expectation would include a rise to touch this area. Then there would be a rising or a falling trend to happen. Either the price will give us some rising signs and surely it would face a rise up to R2. Or it happens that the price would not be supported and starts a decline downward and again by an increase, it will rise toward R2. Please bear in mind that you need multiple pieces of information which you would obtain from our updates and analyses.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
RLCUSDTPERP Support And Resistance UpdateAs it is known, the price increased after hitting the support area once, and it moved to near the downward trend line, but it could not cross it and entered the support area, and after a period of fluctuation, it broke this support level downwards. And it turned into resistance and the price decreased but then increased again and broke the downward trend line and even went above it, but because the break was not correct and stabilization did not happen, it came back below the trend line.
iExec RLC formed a bullish Shark for upto 19% moveHi dear friends, hope you are well and welcome to the new trade setup of iExec RLC token with US Dollar pair.
Previously we caught a nice trade of RLC:
Now on 4-hr time frame, RLC has formed a bullish Shark move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
viewpoint Short For RLCHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RLC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RLC: TREND VIEWRLC shows some trend patterns that could give some increasing trends coming time.
We will see if this coin is ably confirmed.
Until now there are still no confirmations for an uptrend, it's only a view that can become interesting coming time.
For most of the coins, the trend is still breakdown.
These times are very difficult to find the right coins that are going to build real volume, last time most coins increase only for the take profit zone.
Trade safe with always risk management.
we start to check this coin from $1.35
Build always your chances on more trades, a good trader is able to make more failed trades and just to succeed in 1 trade very well.
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RLC (One Of Few)RLC/ USDT
This pair made over 21% profit since i shared my last analysis on it
check my last analysis here :
RLC is one of few coins that kept rising recently despite market condition, also in chart we can see it made a breakout
If this weekly candle can close above resistances in our chart expect more and more gains in next days
So keep your eyes on it