$RLS Loses Footing: Slides 2.16% as Bearish Alignment Takes Hold
Rayls RLS is in retreat, shedding value against a backdrop of weak volume. The price has fallen to $0.013296, a -2.16% decline. The token's market cap stands at $19.94M, supported by a relatively thin on-chain holder base of 2,556 and liquidity of $477,791.
The technical outlook is turning negative. The price has slipped below the critical 7-period moving average at $0.013959. While it still holds marginally above the 25-period MA at $0.013715, the breach of the shorter-term average signals weakening momentum. A decisive drop below the 25 MA would open the door to further declines.
Volume tells a concerning story. Current trading volume of 851,655 is sharply below its 5-period average of 1.73 million, indicating a significant lack of buyer interest to defend the price. With a high Fully Diluted Valuation of $132.96M looming overhead, selling pressure may intensify. The support at the 25 MA is the last line of defense for the bulls.
#WriteToEarnUpgrade #BTCVSGOLD #USJobsData #TrumpTariffs #GoldPriceRecordHigh

