Reserve looking for a reversalHey guys,
Looking at Reserve’s Rights (RSR) token today. Seems like it wants to fall and test 21 sats again or finally fall for its listing low of 14 sats. Macd has yet to cross it’s lines to suggest a positive trend change and the rsi has never been sub 20. At least on Huobi.
Might be worth considering the mfi has been sub 20 for the past couple days.
Cheers
RSRBTC
RSRBTC BuyRounded bottom forming, Decreasing volume, Weekly Heiken(Not pictured) is in a uptrend.
I'd say 25 sats is as best time to buy in as ever.
-Mitch
RSR - THREE BATTLESRSR has three battles to fight
1. the downslope
2. the 50 dma
3. .0025 resistance
if it can win these battles in the future the future looks good
RSR needs to hold the bottom trend lineRSR pumped a bit ( like i said)
we need to hold that trend line
volume looks awful
lets see what BTC does
to the 1 dollar an RSR callers, get out of crypto asap.
have we not moved on from 2017
rsr has bottomed RSR has bottomed ( for now)
providing BTC behaves we could see some gains here
IT's app due soon ( hopefully)
RSR LOOKS POORSO TWITTER HAS HYPED RSR- big backing?????
most projects from 2017 had big backers and most have failed
i want this to do well but i am personally waiting for allot lower to buy in
RSR needs to hold key supportRSR needs to hold key support.
lots of supporters but FOMO can only last so long while the alts take a bit of the market back from #bitcoin
RSR needs a bit of fomo to keep momentum
Not sure the whole project can provide good FOMO for a while at least
Telegram group very quiet and social media. SO!! i hear you say.... but its important in crypto as you all know
RSRBTCLooking at RSR on the daily chart
Not much to see on the daily.
Willy in no mans land
Histogram making LL
OBV not to healthy
No volume coming in yet
Last support at 14 sats
Considering this is a fairly new asset TA could be invalidated here because of fundamental news. Also looking on the 4h RSR seems to look a lot better than the daily. Chart for that will be posted bellow.
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RSR LONG$RSR
Looking very good here. Nice bounce off trendline, closed above the POC, bearish pressure dying down. I'm betting on some upside here to R1 at the least.
RSR strugglingRSR broke its recent support uptrend line.
depending on BTC obviously , RSR might take a while to regain some uptrend.
brilliant prospect RSR
conflicting messages from the RSR team are not helping to be fair and most holders are confused to how it works, RSR really need to remember that not all holders understand economics and crypto.
RSR THOUGHTS$RSR
Showing resilience against $BTC, however I do notice we're losing some steam on the CCI and if I wanted a sick entry, I'd wait on a pullback to the trendline if it permitted me.
RSR / USDT !! HUOBI IS BACKLONG RSR / USDT !
Alts will start to bounce in the next few weeks.
One of the strongest alts right now is RSR, the last Huobi IEO
Broke up a symmetrical triangle
Target +30 % from here
Fast your seatbelts
TEAM B
RSR RANK 328 MARKET CAPI wonder where the market will find Reserve Rights token.
Backed by Silicone Valley investors.
The concept looks promising.
currently ranked 328 on coin market cap
RSR/BTC - Underperformance will be forgotten soonRSR is backed by Ycombinator president, Coinbase Ventures, Founding executives of Paypal and many more. They did IEO on Huobi, It didnt moved that much due to low awareness.
Their product Reserve Dollar is slated to be launced in Q2/Q3.
We can speculate Coinbase listing and many other exchange listing in near future. Currnetly market cap is just $ 10.7 mil at 27 sats price.
RSR UpdateI still believe that rsr will do a nice move , we will wait until competition is over and bitcoin stable for a new entry
