A Potential Breakout from Accumulation?

#RNDT 12h #analysis

Cryptovizor data:

TREND 🟢🔴🟢🟢🟢

MA 🟢 RSI 🟢 02.06.2023

Volume 1D 35.8 M

CD Week 29.53 M

Made by aerobean

Radiant Token is a part of Radiant Capital project, aiming to create a universal money market for users to pledge on one blockchain and receive credit on another. Currently, it supports ARB and Binance Smart Chain with plans to add more

RNDT has been accumulating for 22 days in a $0.3 - $0.33 range. As a Binance Launchpad project, it's more likely to break out upwards, targeting around $0.43 with an intermediate stop at the $0.385 POC. Entry is recommended at the range's lower boundary or after the breakout for safety

In less favourable market conditions, potential entries may be around $0.2 where the next support lies

#trading #crypto2023