Rocket Pool latest news: Trades near $3.29 — Support at $2.90, resistance at $3.50

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Rocket pool drops 8.36% today

Highlights

Rocket Pool (RPL) trades at $3.29, down 8.36% today and well below the MA-20 ($4.07), MA-50 ($5.18), and MA-200 ($5.63), confirming persistent downside momentum.
Technical indicators show strongly bearish momentum, with MACD deeply negative, RSI near 23 (oversold), and dynamic support at the Ichimoku Kijun level of $2.90.
The projected weekly price range is $2.03–$2.17 with an average near $2.10, and probability of a price increase is below 20% as further decline dominates the outlook.

Bearish momentum confirmed as oscillators flag oversold conditions

Momentum signals remain weak, as the MACD shows a strong negative reading and the ADX signals a trend but does not confirm the direction. Oscillators reflect a clear oversold condition, with RSI near 23, Stochastic RSI and CCI also in oversold territory, suggesting sellers strongly dominate. BBP is neutral but slightly negative, while the Awesome Oscillator supports the prevailing downside. Momentum and oscillator readings align with the sharp intraday bearish tone, showing little sign of reversal. The nearest dynamic support is at the Ichimoku Kijun level of $2.90, with resistance seen at the MA-20 and a round level near $3.50.

Further declines likely as bullish signals remain scarce

For the next week, the expected price range is $2.03 – $2.17, with average values seen near $2.10. Only one of the four major weekly indicators (ADX) is bullish, so the probability of a price increase is very low (less than 20%), making a further decline much more likely. In the baseline scenario, the price consolidates between dynamic support at $2.90 and resistance at $3.50. If RPL breaks above $3.50, a short-term rebound toward the MA-20 is possible, but this appears unlikely. If bearish momentum persists and RPL closes below $2.90, accelerated selling toward $2.10 or even lower weekly median levels would be the main risk for the near term.

Anton Kharitonov, expert at Traders Union, sees Rocket Pool (RPL) in a structurally weak technical position, with prices well below key moving averages and all momentum and oscillator signals confirming a pronounced downside bias. With no supportive news and the ADX as the only mildly bullish indicator, he remains skeptical of any short-term reversal and views the risk of a further decline below $2.90 — toward $2.10 — as significant. Kharitonov remains fundamentally cautious, stressing dynamic support and resistance as primary tactical levels. "Unless RPL can reclaim $3.50 convincingly, the downside scenario remains intact — I would avoid long positions here."

Previously it was noted that the asset remained below key moving averages, indicating seller dominance and persistent technical weakness. Last time we reported that consolidation near support was likely unless a decisive breakout occurred.

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.