RACA Technical Analysis in a Daily Timeframe

已更新

Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

RACA is breaking out above the resistance trendline and is currently trending above the 50 EMA. If it sustains this level, a bullish rally can be expected.

However, if the price dips, the support trendline at $0.000117 must hold. If it fails to do so, the price may potentially retest the all-time low support level.

Key levels:

- Resistance: $0.000148 (Breakout).
- Support: $0.000117.
- Lower Support: $0.000082.
- Bullish Target: $0.0003, $0.00048, $0.0007.

DYOR. NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE

交易开始

#RACA has started its rally, already up 32% since our previous update.

We have primary resistance at $0.000204, and it will be interesting to see how RACA reacts to it.

In the long run, RACA holds the potential for 3x-4x gains.

DYOR, NFA.

#RACA #cryptocurrency