Crypto Expert Tweets RPL Increased by 31% Post Listing on Binance

Lookonchain tweeted that the rate of Rocket Swimming pool (RPL) increased by 31% after it was noted on Binance exchange. Additionally, the tweet checks out that there were 3 wallet addresses that purchased RPL prior to it was noted on Binance and offered it upon listing, and made earnings.

1/ After the listing of $RPL on Binance, the rate of $RPL increased by 31%.

We discovered 3 addresses that purchased $RPL prior to the listing, then offered instantly after the rose and earned a profit. pic.twitter.com/PE3JWwyg12

— Lookonchain (@lookonchain) January 18, 2023

In the thread which includes 4 tweets, Lookonchain plainly specified the address, just how much RPL was purchased what rate, the time frame and just how much it was cost. Among the posts check out:

Address “0x5f2c” got 200,000 $USDT from #OKX the other day and purchased 6,193 $RPL at $32.29 10 minutes prior to the $RPL listing statement.

RPL started the week trading at $27.8. Simply a couple of hours into the very first day of the week, RPL looked into the red zone and reached its most affordable rate of $27.29. After its fast dive into the red zone, the token discovered some momentum and began making higher-lows. Nevertheless, RPL might not reach higher-highs as its series of movement was limited in between the $30-$ 32 variety.

Although sometimes it had the ability to change a little above its ceiling of $32, RPL truly had a hard time to climb up. However, on the 6th day of the week, when RPL was noted on Binance, the token rose from $32.22 to $42.62, signing up a 31% boost, as pointed out by Lookonchain.

Because RPL broke out of the 200-day MA, the bulls have actually kept RPL above the 200-day MA as revealed listed below. Although the bears attempted to pull RPL down, the 200-day MA supplied its assistance and for that reason RPL ricocheted off of it.

RPL/USDT 4-hours Trading Chart (Source: tradingview)

Presently, RPL is above the 200-day MA and is increasing the space. Nevertheless, after the spike that came as an outcome of listing on Binance, the token has actually lost its momentum and the bulls appear to be pulling RPL down. If the bulls pull the token, it will be taking a look at landing on assistance 1. However the concern lies whether the 200-day MA will have the ability to withstand the pressure that the bears develop.

As the RSI is at 47.12, the pattern appears to be well set. However, the RSI is tilting down, for this reason it might tank into the oversold area. However, if the bulls can compete with the bears, RPL might move sideways.

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