Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Rocket Pool is down -6.98% today against the US Dollar
- RPL/BTC decreased by -6.62% today
- RPL/ETH decreased by -7.05% today
- Rocket Pool is currently trading 11.50% above our prediction on Jul 26, 2023
- Rocket Pool dropped -27.25% in the last month and is up 70.22% since 1 year ago
| Rocket Pool price | $ 30.37 |
| Rocket Pool prediction | $ 27.24 (-10.31%) |
| Sentiment | Bearish |
| Fear & Greed index | 50 (Neutral) |
| Key support levels | $ 29.35, $ 28.38, $ 26.53 |
| Key resistance levels | $ 32.16, $ 34.02, $ 34.98 |
RPL price is expected to drop by -10.31% in the next 5 days according to our Rocket Pool price prediction
According to our Rocket Pool price prediction, RPL is expected to reach a price of $ 27.24 by Jul 26, 2023. This would represent a -10.31% price decrease for RPL in the next 5 days.
RPL Price Prediction Chart
Buy/Sell Rocket Pool
What has been going on with Rocket Pool in the last 30 days
Rocket Pool has been displaying a negative trend recently, as the coin lost -27.25% in the last 30-days. The medium-term trend for Rocket Pool has been bearish, with RPL dropping by -32.10% in the last 3 months. The long-term picture for Rocket Pool has been positive, as RPL is currently displaying a 70.22% 1-year price change. On this day last year, RPL was trading at $ 17.84.
Rocket Pool reached its all-time high price on Jun 06, 2023, when the price of RPL peaked at $ 86.30. The current RPL cycle high is $ 30.37, while the cycle low is at $ 30.18. RPL has been displaying low volatility recently – the 1-month volatility of the coin is at 5.36. Rocket Pool recorded 9 green days in the last 30 days.
Rocket Pool technical analysis for today – Jul 21, 2023
The sentiment in the Rocket Pool markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 29.35, $ 28.38 and $ 26.53, while $ 32.16, $ 34.02 and $ 34.98 are the key resistance levels.
Bearish sentiment for Rocket Pool
9 indicators are currently signaling a bullish prediction for Rocket Pool, while 23 indicators are showing a bearish forecast. With 72% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Rocket Pool.
Crypto market is currently experiencing Neutral
Currently, the Fear & Greed index is at 50 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Rocket Pool moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Rocket Pool is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 32.27 (SELL) | $ 30.31 (BUY) | – | – |
| MA5 | $ 33.49 (SELL) | $ 31.98 (SELL) | – | – |
| MA10 | $ 35.08 (SELL) | $ 33.93 (SELL) | – | – |
| MA21 | $ 36.32 (SELL) | $ 35.77 (SELL) | $ 42.99 (SELL) | $ 40.31 (SELL) |
| MA50 | $ 40.03 (SELL) | $ 39.00 (SELL) | $ 33.65 (SELL) | $ 36.15 (SELL) |
| MA100 | $ 44.37 (SELL) | $ 41.11 (SELL) | $ 31.88 (SELL) | $ 30.35 (BUY) |
| MA200 | $ 42.02 (SELL) | $ 39.59 (SELL) | $ 18.50 (BUY) | $ 22.97 (BUY) |
| Period | Value | Action |
| RSI (14) | 29.47 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.57 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 21.90 | NEUTRAL |
| Awesome Oscillator (5, 34) | -2.80 | NEUTRAL |
| Momentum (10) | -3.57 | NEUTRAL |
| MACD (12, 26) | -0.14 | NEUTRAL |
| Williams Percent Range (14) | -99.43 | BUY |
| Ultimate Oscillator (7, 14, 28) | 34.12 | NEUTRAL |
| VWMA (10) | 35.74 | SELL |
| Hull Moving Average (9) | 34.36 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 36.64 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Rocket Pool is at 29.47, suggesting that RPL is currently oversold.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Rocket Pool over the last 50 days. Currently, Rocket Pool is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the RPL closing price for the last 200 days. RPL is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Rocket Pool prediction
After considering the above factors, we can conclude that the current forecast for Rocket Pool price prediction is Bearish. RPL would have to decrease by -10.31% to hit our $ 27.24 target within the next five days. Moving forward, it will be important to monitor the RPL market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Rocket Pool price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/30412/rocket-pool-prediction-july-21-2023/