RACA Technical Analysis in a Daily Timeframe

Hello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: RACA is breaking out above the resistance trendline and is currently trending above the 50 EMA. If it sustains this level, a bullish rally can be expected. However, if the price dips, the support trendline at $0.000117 must hold. If it fails to do so, the price may potentially retest the all-time low support level. Key levels: - Resistance: $0.000148 (Breakout). - Support: $0.000117. - Lower Support: $0.000082. - Bullish Target: $0.0003, $0.00048, $0.0007. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE