Good morning ladies and gentlemen! Nice push on the market dragged by yesterday's bounce.
Most altcoins reached fully oversold areas on the daily RSI indicator pointing for a reversal. We are seeing a good example on $RNDR:
Super strong bounce over the main $7 support.Strong daily close 3 days ago, pointing for reversal.Breaching up the downtrend resistance which has been active for 3 weeks.
- With breakout confirmed on the $7,8- $8,3 range for entry
- It enables a further bullish wave towards the $10 resistance
- Meaning a +25% potential upside on the move