The RSR/USDT weekly chart illustrates an inverse head-and-shoulders pattern, signaling a potential bullish breakout. The price has breached the neckline but is retesting support around $0.015. Stochastic RSI near 89.81 suggests overbought conditions, while RSI Divergence Indicator at 69.18 shows strong momentum. A sustained move above the neckline could confirm bullish continuation.
The Others chart indicates a bull flag pattern, a strong bullish continuation signal. Price consolidates within the flag after a significant upward move, supported by Stochastic RSI at 87.21 suggesting an overbought zone but still showing momentum. RSI Divergence Indicator at 59.53 signals moderate bullish strength. A breakout above the flag's resistance may confirm further upside momentum for the market, indirectly supporting a positive sentiment for RSR.
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The BTC.D chart shows a retest at the upper trendline of the ascending channel, followed by a rejection, suggesting a potential decline in Bitcoin dominance. Stochastic RSI at 85.74 indicates overbought conditions, signaling possible downward pressure. RSI Divergence at 40.12 confirms weakening momentum. A sustained drop in dominance supports altcoin market growth, favoring RSR coin's bullish outlook as capital shifts to altcoins.
Entry: 0.012440 or Market Price
1st Tp: 0.027081
2nd Tp: 0.063130
3rd Tp : 0.111845
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$rsr
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