$RLC (iExec RLC) Price Analysis for December 28
The post iExec RLC (RLC) Price Analysis for December 28 appeared first on Coinpedia Fintech News.
RLC has surged +14.41%, currently trading at $2.429, reflecting strong upward momentum in the market as demand for the token increases.
---
Market Overview
Market Cap: $175.72M
Fully Diluted Market Cap: $211.21M
Market Dominance: 0.0053%
Volume: $53.84M (Vol/Market Cap: 30.64%)
Circulating Supply: 72.38M RLC
Total Supply: 87M RLC
---
Historical Context
Issue Date: April 19, 2017
All-Time High: $16.2582 (May 10, 2021)
All-Time Low: $0.1488 (November 12, 2017)
---
Technical Analysis
RLC's +14.41% increase over the last 24 hours signals growing investor interest. The volume of $53.84M indicates high market activity, which supports the current bullish movement. With a circulating supply of 72.38M RLC, the price has room to move upwards if buying pressure continues.
---
Key Levels to Watch
Resistance Level: Around $2.70
Support Level: $2.10
Potential for Upside: If the current momentum holds, RLC could challenge its next resistance level at $2.70.
---
The recent surge in volume and price action suggests that RLC could continue to rise if the market sentiment remains strong.
