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Rsr

Ugly Cup-and-Handfle with nice breakout?Now entering into the top 100 cryptos in both price and volume, we may be seeing a parabolic breakout after conformation of a cup-and-handle pattern. I expect some bags to be shaking out soon, with greater selling pressure occurring as positions realize 2X gains; which would be a healthy retrace, and then return to the upside. Or other drivers at play could continue to drive the price further upward. Very common entries are equal to one, or two ETH, likely due to means of acquisition. Not financial advice, only my thoughts.
Long
by Totesamazebananas
3
🔥RSR on Huobi on the move!RSR has been rising like its has no resistance recently climbing all the way up to 0.005847! RSI is way overbought and it just keeps on crushing it. TradingView indicator shows it as a "BUY" but i am not sure if it will consolidate and go down after this huge move?!?! What do you think? Risk Reminder: 1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions. 2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.
by HuobiGlobal
3
RSR on Huobi - Climbing stairs to resistance?RSR has been on a tear recently climbing stairs all the way to an almost ATH. The bulls seem to be going sideways as of now. Is the bull going to continue or will there be a slide into accumulation? It's anyone's game - let's see who will win? Risk Reminder: 1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions. 2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.
by HuobiGlobal
Reserve Rights - RSROne of those coins I see growth potential and now I'll explain to you. Why? What's it? Company reserve.org Reserve is a flexible pool of stablecoins designed to reduce risk through diversification and decentralized governance. The company has two tokens: Reserve (RSV) The stable cryptocurrency that is economically and legally robust at any scale. Decentralized, 100% asset-backed, and funded by top Silicon Valley investors. Reserve Rights (RSR) The fluctuating protocol token that plays a role in stabilizing RSV and confers the cryptographic right to purchase excess Reserve tokens as the network grows. As is well known, there are already we've about two dozen stable coins, but this's a project with a decentralized stablecoin that won't allow the team to conduct unlimited emission as the Tether company does; The second - is the team; The third is the initial investor Coinbase, co-founders of PayPal and others; You can see on the site all the major investors. Speaking of technical analysis, we've now broken through a long-term resistance line and this's a signal for many investors to enter a position. Please, let us know what you think about it in the comment section. Regards EXCAVO
RLong
by EXCAVO
4
RSR - Potential for growthJust one more short altcoin review. RSR - a cryptocurrency used to facilitate the stability of the Reserve token, i.e some kind of shares for RSV (stable coin). Doesn't look too stable lol, but max drawdown if just buy and hold is moderate - only 67%, far from the worst result among altcoins. And looking to the chart it can be noticed that it pumped with btc. So, if btc will pump soon (due to halvening mb) there're good chances RSR will do 1.5x-2x. Ofc it's not a good idea to buy it now at resistance. Better to decide when BTCUSD goes up. Hit the "LIKE" button or sign up with my ref links below to support, it would be much appreciated. Information is just for educational purposes, never financial advice. Always do your own research.
by Bitduke
1
Outlook for RSR - Promising Project?RSR is officially on my radar. My crypto colleague expert Simon Gbologe has been telling me about this project for quite some time. I'm starting to see where it has real potential. It's available on HotBit right now, but apparently Coinbase is investing in this project. It's probably safe to assume Coinbase Pro will be carrying it soon. I'm already looking at the techs on it. This would be a "dream purchase" if it ends up hanging around for a while, kind of like buying XRP when it was sub-penny in price. Look for future updates on this from me, and let me know if any of you already have a position with this coin, or have thought about it! Carlton Flowers The CryptoPro
by carltonzone
3
RSR levels to watchThis is one of those altcoins that bounced nicely following bitcoin's flash-crash. It tapped the demand zone at 2500 and shot through a prior consolidation level, capped at 3500. To confirm a bullish case, RSR would need to reclaim 4320. If it starts closing above this level on the daily, pay attention. Ideally I would want to see it break through and retest it, but these set-ups don't always give that opportunity. Additionally, the 3500 level needs to hold. A clean break below would signal a retrace to 2500. Obviously, much depends on bitcoin price action, so be careful.
RLong
by FatCatCrypto
Reserve Rights...hidden gem?Was recently introduced to this project. It is to support stable coins and they were recently at the Stanford conference 2020. Could we see 1.00 on this baby? That would be awesome. :D I think I might set this and forget about it. Cheap right now. After looking at the investors it might be worth dropping some mullah into this while they build their foundation. Coinbase, Paypal members, PwC, etc etc...all smart money working with this project. 1 slight problem. They are currently only on Houbi exchange. They have an app on android for Venezuela. Seems to me there is something going on to help reboost the economy there. Why only in Venezuela currently? Well we should know why...the world is changing..every leader in fintech is tackling a sector of the world to create interoperability among-st the networks. This baby could shoot to 1.00 before it gets to any other exchange or even .25c down the road this decade. SO....if you're on Houbi exchange....like i said...set it ...forget it.....hold it...participate...why the hell not? :D From the looks of this....we could consolidate this year within this zone unless something crazy happens on this project and a lot of money comes in. Be patient with this one...if we double bottom just double up.
RLong
by AschraM
4