Rocket Pool technical analysis: Bearish bias remains with $1.36 support now in focus

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Rocket Pool drops 7.02% to $1.47 today

Highlights

RPL/USD trades below key moving averages across all timeframes, indicating persistent seller dominance and a strong downtrend.
Momentum and volatility indicators remain aligned to the downside, as the asset drops 7.02% today to $1.47 and lingers near session lows.
Expected trading range over the next few sessions is $1.36 to $1.5492 with high probability of further downside if $1.36 support breaks.

Bearish momentum intensifies as technicals align near lows

On the h1 timeframe, RPL/USD is positioned below the MA-20 at $1.5215, the MA-50 at $1.5679, and the MA-200 at $1.6971. The Ichimoku Kijun serves as immediate resistance at $1.5295. MACD and ADX both present a clear Sell bias, while RSI at 22.26, in addition to CCI and Stoch RSI readings, confirm strongly oversold conditions. Bull/Bear Power and the Awesome Oscillator indicate persistent intraday seller dominance. The current price is near the session's low, with an elevated volatility backdrop and alignment among these bearish momentum signals.

Downside risk dominates as resistance holds and volatility persists

In the short term, the expected price range for RPL/USD is $1.36 to $1.5492, reflecting typical volatility relative to current levels. The most probable scenario is continued oscillation below overhead resistance, with a high likelihood of further downward movement. A potential bullish reversal would require clearing resistance at $1.5295, which appears unlikely unless buying momentum returns. If support at $1.36 fails, further downside risk becomes the dominant scenario.

Anton Kharitonov, expert at Traders Union, sees Rocket Pool (RPL) displaying clear bearish momentum with all key technical signals pointing to continued downside pressure. The lack of positive triggers and price action below important moving averages reinforce his cautious stance. He believes any bullish reversal is unlikely unless resistance at $1.5295 is reclaimed. "For now, I remain defensive on RPL — as long as the price stays below its resistance zones, downside risk dominates the outlook."

Previously it was reported that Rocket Pool faced sustained bearish momentum following governance changes impacting rETH withdrawals. Current price action reinforces the downside bias, with elevated volatility and persistent technical signals suggesting traders should closely monitor the $1.36 support level for indications of further risk.

Source of Data: RPL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.