Redbelly Network bullish divergence
RBNT 2hr has formed a bullish divergence indicating the bottom is in Distribution brought price down by 60% which is still at a 52% discount from the previous high point Confirmation will be in when some green dots start to form under higher candle closes and if they are green even stronger conviction that this distribution is over Strong fundamentals for RWA use case should back in higher prices as we close in on the 0.29 area next resistance before reclaiming the 0.50 level where a possible smaller reset might take place with some sideways movement
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.