Rocket Pool is trading at a price of $1.91, which is below MA-20 ($2.05), slightly below MA-50 ($1.94) and significantly below MA-200 ($3.43), indicating a sustained dominance of sellers in both the medium and long term. Ichimoku Kijun at $2.35 is above the last price, acting as the nearest resistance.
RPL continues to be under constant selling pressure, trading below key moving averages and showing no signs of a bullish reversal.
Technical momentum and oscillators indicate a high probability of further decline, despite short-term attempts by buyers throughout the day.
The expected range for the next week is $1.80โ$2.05, with major resistance at $2.35 and key support around $1.88.$RPL
RPL
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