Rocket Pool Price Prediction: RPL Price Melts Below $29 Level  

Rocket Pool Price Prediction: RPL Price Melts Below $29 Level  

1
Rocket Pool price trades at $28.01 while witnessing a loss of 0.95% during the intraday session.
2
RPL price trades below 20, 50, and 100-day EMAs.
3
The 24-hour trading volume has decreased by 24.56% at the time of writing.
RPL price has undergone a bearish breakout, escaping from the upward channel and plunging below the 100-day moving average. The movement signaled a bearish reversal and shift to a downtrend. The price has been declining strongly and will soon reach to January lows if bearish momentum prevails.

Source: RPL/USDT By TradingView.
After breaking the psychological level of $30, the price formed support at $29. The previous candle was successful in breaking and closing below it. The current candle has broken the low of the previous candle and is headed toward the support level of $25.70. Rocket Pool price has been in control of bears since the break of the upward channel. 
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We współpracy z: https://www.thecoinrepublic.com/2023/08/04/rocket-pool-price-prediction-rpl-price-melts-below-29-level/

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