RSR is currently hovering above a very attractive entry
Let us keep in mind the following facts:
- All-time High on Binance: $0.078886 USDT/RSR
- All-time Low on Binance: $0.009157 USDT/RSR
- RSR is way oversold and is below the monthly VWAP
I'm predicting the best entry for RSR in a long position to be the following, given that $0.044022 was breached more than once:
- $0.036561
- $0.035793
- $0.030704
If $0.026590 is breached, we are looking at another, harsher dip. The fundamentals are solid on this coin and have a team with faces to prosecute legally if things get rugged to $0. Once the asset bounces, it would be prudent to sell half of the position at $0.044022.
TL;DR It's just a dip, buy it.
- All-time High on Binance: $0.078886 USDT/RSR
- All-time Low on Binance: $0.009157 USDT/RSR
- RSR is way oversold and is below the monthly VWAP
I'm predicting the best entry for RSR in a long position to be the following, given that $0.044022 was breached more than once:
- $0.036561
- $0.035793
- $0.030704
If $0.026590 is breached, we are looking at another, harsher dip. The fundamentals are solid on this coin and have a team with faces to prosecute legally if things get rugged to $0. Once the asset bounces, it would be prudent to sell half of the position at $0.044022.
TL;DR It's just a dip, buy it.