Will Rocket Pool avoid further losses amid strong seller pressure?

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Rocket Pool slides 7.62% to $1.236

Highlights

RPL/USD trades below key moving averages, confirming persistent bearish momentum across short-, medium-, and long-term timeframes.
Technical indicators show selling momentum remains strong while some oversold signals suggest selling exhaustion but no clear reversal.
For the next 2 to 3 days, the expected trading range is $1.136 to $1.2669 with a high probability of further downside if support fails.

Bearish momentum persists as all technical indicators align

RPL/USD has established a technical structure below the MA-20, MA-50, and MA-200, confirming ongoing bearish pressure on all studied timeframes. The Ichimoku Kijun at $1.3015 presents immediate upside resistance. MACD and ADX both indicate an active selling trend, while RSI and Stoch RSI are holding neutral, and CCI is oversold, suggesting that selling momentum may be nearing short-term exhaustion. Bull/Bear Power remains negative, confirming intraday seller dominance, and the Awesome Oscillator is neutral and does not reinforce the trend, leading to a mix of confirmations and signals of weakening downward force.

Range-bound trading favored as volatility supports further downside

Over the next 2 to 3 trading days, RPL/USD is likely to consolidate within the $1.136 to $1.2669 range amid persistent downward bias. A bullish scenario would require a decisive break above the immediate resistance at $1.3015, which currently appears unlikely. If the lower boundary near $1.136 fails, additional losses could deepen the decline before any stabilization emerges. The probability of an upward move remains low, while further bearish action is favored based on the current volatility band and indicator readings.

Viktoras Karapetjanc, analyst at Traders Union, notes that Rocket Pool (RPL) remains under strong downside pressure and is trading below all major moving averages. He sees little sign of immediate sentiment improvement, with sellers firmly in control and technical signals mostly reinforcing the persistent bearish momentum. Short-term exhaustion is possible, but any bullish scenario depends on reclaiming resistance at $1.3015, which appears unlikely given current conditions. He expects continued consolidation or further weakness unless the lower support breaks. "Despite mixed indicators suggesting a pause in selling, I maintain a constructive view that stabilization offers new opportunities for patient bulls if price structure starts to recover above resistance."

Earlier, analysts noted that Rocket Pool was under persistent bearish momentum, with technical indicators signaling continued downside pressure. The current analysis reinforces this outlook and highlights that a failure to hold the $1.136 support could expose the asset to further losses in the near term.

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.