The bottom range is in the form of a regular falling wedge, and the current trend has reached the extreme end of the wedge, with the possibility of a breakthrough at any time. Combined with DEFILLama's TVL data, RSR's locked-up funds have soared from 5.68m to the current 26m since April, a five-fold increase. More than enough. Through the project fundamentals, I predict a higher probability of an upward breakthrough.
$CFG vs $GFI
Both of them are RWA on-chain infrastructure, so it is more appropriate to compare them together. At present, both coins are in the downward channel range. Although the CFG channel is relatively smooth, it is indeed in the bottom accumulation range and it is difficult to get out of the trend in the short term. In contrast, the GFI channel has a larger inclination angle, and the transaction is not as active as CFG. If it is blocked by the upper track of the channel in the near future, the probability of weakening is extremely high, and the focus is on the support strength of the middle track.
