RSR/USD has just hit a new all-time high at $0.0077 after a strong 17% price surge. The RSI is extremely overextended but trading volume keeps increasing. Reserve Rights is up 63% in the last four days and seeing increasing bull volume. The daily RSI is touching 85. Clearly, a pullback is needed but it’s unclear when that will happen considering how strong the bull rally is. RSR/USD daily chart The daily uptrend is as strong as it can get with increasing bull volume and a super bullish MACD. The only resistance faced by the buyers is the overextended RSI. For now, anything above $0.0043 is a continuation of the daily uptrend. For closer support, RSR can use the daily 12-EMA currently located at $0.0052. RSR/USD 4-hour chart The 4-hour chart is healthier but the RSI is also overextended here. Bulls are looking to defend $0.0068 in the short-term and continue with the uptrend. The next support level is around $0.006. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD Price Analysis: Headed back towards weekly lows, around 1.2335 level FX Street 2 years RSR/USD has just hit a new all-time high at $0.0077 after a strong 17% price surge. The RSI is extremely overextended but trading volume keeps increasing. Reserve Rights is up 63% in the last four days and seeing increasing bull volume. The daily RSI is touching 85. Clearly, a pullback is needed but it’s unclear when that will happen considering how strong the bull rally is. RSR/USD daily chart The daily uptrend is as strong as it can get with increasing bull volume and a super bullish MACD. The only resistance faced by the buyers is the overextended RSI. For… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
