RIOUSDT trade ideas
Rio Realio $Rio #Rio #RealioRWA's (Real world assets) Will be and have been a HUGE narrative in this cycle as well as will most likely be even bigger by next cycle and in the next cycle. Quite possibly besides gaming they will also be one of the few sectors that not only will survive the next Bear market AKA. Crypto Winter but may also end up being far less effected by it and or even end up growing and staying upwards during it.
There overall will someday be no real reason for true working projects and ideas to have a winter per say. As they will move with the market they entertain and will grow as the projects deliver real world use and or adoption.
At some point we will see gaming and RWA's that are winning actually hit highs during the Bear/Winter rather than in the peak of cycles. There are many reason for this to become true but i will save that for another post/charting upcoming.
IMO Rio will be one of the shining stars in this upcoming cycle and IMO we will easily see it hit $3-$5 ranges in the next few months followed by a possibly cycle top well beyond that.
IMO the current market cap is relatively small for what is coming for this space as well as the current popularity of this project.
IMO we are currently just in the first major distribution and consolidation phases for this project after having a major run from the start of this cycle.
Depending upon your time horizon and rather or not your looking to just trade this VS invest in it you can use the lines given for areas of key interest to BUY and SELL and or just BUY/DCA and wait for those longer term targets to show up for the real Gains/Profit's etc.
RIO - Realio Network looks great!After a break of 0.42 area which was occurred in October last year, we have seen the price going to sustain the growth of the underlying business.
We are in accumulation zone were we are actually buying to get a good compound interest.
Possible potential targets if the price break the 0.8$ cents are near 4$ price evaluation level.
The structure of this coin is incredibly bullish thus
Good trading!
RIO Break out patternRealio token is following the ideas i shared some days ago. We are in good profit from that entry, but if someone is looking for a fresh entry, the actual price is good. We can see a classic break out bullish pattern, and we can expect a continuation till resistance area at $2.8
RIO Long setupThis is the setup i am waiting for RIO. I think it could retrace a little bit reaching the support zone at $2.00/$2.03. Actually the price is trying to break out from short term trendline, and a small retest it's possible. I placed my long limit order at first support zone, if it will fail to hold the next support zone is around $1.65. Main target $3.00
RIOUSDT likely to pullback to daily support around 1.39 Here are the support levels for this coin. This one has been moving vehemently in the last few weeks. But I think now there is a time of some pullback. In case there is a major pullback, I have marked various support levels of different degrees on the chart. I think the first major support is the daily support around 1.39 where it can have a good bounce. There will be some bounce from 4h support 4HS1 as well but not sure if that will continue and take the price again beyond the recent high. Anyways, this one is too hyped right now and everyone is talking about so until unless it has a good pullback, its dangerous to touch this one. Remember in the end most of these coins have nothing substantial in the background and they are just bloating on the hype.
$RIO #Realio Trading IdeaRIO Realio Network token is for the high-risk enthusiast.
It formed a bull flag and it seems that is preparing for another leg up & mid. rage is holding the price strong. But maybe that's enough? Fundamentally speaking...
The price from the previous breakout pattern went over 400%. This is crazy!