iExec; Decentralization for Cloud Resources:(RLCUSDT analysis)The First Decentralized Marketplace for Cloud Resources
❇️(coinmarketcap data:
Rank #266 , Kind: Token , On 24,149 watchlists
Market Cap: $216,409,460 , Fully Diluted Market Cap :$236,787,130
Volume24h: $10,991,601 ,( Volume / Market Cap) : 0.05092 (ratio)
Circulating Supply : 80,070,793 RLC , Total Supply: 86,999,785
What Is 🌟iExec (RLC)🌟?
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
❇️The iExec Token: RLC
RLC is the native token of the iExec cloud platform. In exchange for RLC tokens, users can utilize the network to rent servers, data and applications.
✅An innovative market network where everyone can monetize their applications, servers and data-sets.
A decentralized network giving applications access to trusted off-chain computation and data.
👉1-For Developers
As a Developer, you can use iExec to overcome blockchain limitations, by executing your computations on a new distributed infrastructure.
👉2-For Providers
As a Provider, you can rent out your machine’s computing power, monetizing it by executing tasks for applications.
👉3-For Token Holders
As a token holder, you can get into the world of crypto-economy by trading your RLC tokens whenever you want.
✅Products:
Scaling blockchain applications with open-source software and protocols.
👉1.iExec Marketplace
👉2.iExec SDK
👉3.Dapp Store
👉4.Data Wallet
❇️Who Are the Founders of iExec RLC?
When it comes to the Founders of iExec RLC, Gilles Fedak is the CEO and co-founder. Before he began work on iExec, he worked in INRIA as a research scientist at a postdoc in UC San Diego and at ATER at University Paris-Sud. He has a Ph.D. in philosophy and computer science.
refrences: coinmarketcap - iex.ec
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✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for RLC/USDT, the price is trading at around $2.7 .
We are facing an bullish trend for this, and RLC has good dynamic and static support, which can have an uptrend channel that is moving forward, as it is likely to correct in the short term to EMA 20, a little entry point We considered it below, but because the risk/Reward is nice, so you can enter one step at this point.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
RLC
RLC is about to EXPLODE!!!!!!Rlc/btc hast just crossed the 200 daily Moving average .As you can see every single time we break it we had a least pump of 100% this time could just be similar unless btc dumps promptly .With btc dominance heading into lows more money is going to flood in altcoins and rlc is about to do something big .however its for the best to wait for btc to settle down then buy in a position.
Make sure to like and follow
No financial advice do your own research. cheers!
RLC/USDT : Indicators are being bearish BINANCE:RLCUSDT
Hello everyone 😃
RLC is moving into a bearish rising wedge.
Now MACD and Volatility are at their limits and they are being bearish.
Also Wedge higher line is near, so it will rejects any continuation for bulls...
MA 200 is located 1.9$ and it's reaching 2.1$'s support zone,
How ever MACD it's trying to support it's lower limit !
📌 2.1$ support zone could be a good retest point for RLC.
🔴 Funding is very high, So it's to wait for a better points to enter market !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
"Wicks and tails want to be eaten" "Wicks and tails want to be eaten" - One of the oldest trading rules. I do not claim $7843. However,,, lets eat the wick a bit and we are all fine. IMO - There are some (more) % to make. Fundamental imo this is one of the best projects out there. Data centers are growing exponentially!!!! There is (theoretically) real need. Lets see some real adoption.
iExec RLC 🌐 Whale Accumulation 🐋 and a Bull Flag 🏁iExec RLC (RLC) is a decentralized cloud computing for dapps and they are partnered with Intel, IBM Cloud, Alibaba Cloud, and others. Their Executive Team consists of all PHDs and their goal is to provide Ethereum (and its dapps) computing power to scale. They are also a member of The Ethereum Enterprise Alliance. Their computing power includes artificial intelligence and big data.
The Daily time frame shows price is in a bull flag formation.
On Balance Volume reveals whale momentum has increased dramatically.
Relative Strength Index shows RLC is in the bullish control zone.
$RLC, Crossed over ~3700 sats...$RLC
Crossed over ~3700 sats & now trying to flip it into support on the 1D chart
Willing to see if it can gain momentum / volume and starts pushing up from here
Alts are overall looking bullish against BTC and UCTS is signalling a 1D Buy on this one
Let see how it goes
#RLC
RLC/BTC - Trading in the big channel +300%Hello everyone, analyzed the RLC/BTC pair
I love to trade triangles like this. Because at 95% the price returns very well, at least half of that drop.
Moreover, on a shorter timeframe, there are bullish diverters, as well as indicators indicate a price reversal
Target: Fibo grid, potential top loss and risk management - it all depends on your trading system.
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and comeback again."
RLC breakout confirmed, Ready for moonRLC successfully breakout and hold above the resistance zone. RLC updated its roadmap on 4 March and added new partnership and development events. RLC is a decentralized cloud computing project and providing orcales. We have seen how Oracle coins pumping like BAND and LINK. RLC will be next.
Buy Zone: 3350-3365
Target: 3640-3900-4150-4580-5100
#RLC : Upto 100% Profits Opportunity In The Mid Term.Pair : RLC / BTC
iExec RLC is looking good for a breakout on the 4Hs chart for a bullish run over here. We are already in a breakout formation from the already formed falling wedge and indicators are looking bullish too.
Volume : Is compratively looking very healthy after a long consolidation move.
RSI looking perfect for an entry.
And signal line is already going further up from the MACD line which is showing a good possibility for a breakout.
Accumulation Area : 2900 sats - 3208 sats
Distribution Areas :
Target 1 : 3603 sats
Target 2 : 3923 sats
Target 3 : 4242 sats
Target 4 : 4696 sats
Target 5 : 5275 sats
Stop Loss : For #Hodlers close below 2560 sats
and for scalping depending on your trading strategy a close below your 5% profits will be a stopping loss point.
By @togetherweaccumulate
RLC.USDT (Y21.P1.E1).Macro.TAHi All,
Going with some patterns here, I'm guessing RLC is done the top and is doing its correction wave.
Based on its previous rise, I'm looking for patterns, support and resistance trendlines.
My guess is that it will retrace to the 0.5 or to the 0.618 level before reversing.
See if you can make sense of this.
All the best,
S.SAri
If BTC dominance is to go up, this fits into the narrative.
RLC formed BAT move for up to 27% rallyHi friends, hope you are well and welcome to the new update on iExec RLC token.
On a small time period 4-hr chart, the price action of the RLC has completed the final leg of bullish BAT and spiked in the potential reversal zone. It may give us another chance to catch from the buying zone before starting the bullish rally.
this trade has profit possibility of 27% and the loss possibility is only 4%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade