$RIOT - RC -
Added 2023-10-10 16:48:11 +0000 UTC$RIOT has been leveling off over the last 10 days and it is just stuck between the 0.618 Fib and the 0.78 Fib, the 200 Day MA is just slightly above, the blue line is next at $10.50 and the 50 Day MA is just slightly above that at $11.
These are three resistance levels that it needs to break through but the good news is, if it can do it and hold support above these levels, it is a strong statement that the bulls are in control and this is into the bull case.
We know that this will not likely happen unless we see $BTC moving higher to $30k, but it is certainly knocking on that door.
The impulse count here for $RIOT does look very attractive.
Comments
Anything new to report here, Cap?
Joey
2023-10-20 12:57:31 +0000 UTCππ½
Saad A
2023-10-10 23:44:23 +0000 UTC
