/biz/ - Business & Finance

RSR RSV CUP HANDLE? Anonymous Wed Dec 16 17:53:37 2020 No.24869214 [View]
File: 106 KB, 1193x789, rsr cup handle .png [View same] [iqdb] [saucenao] [google]

RSR will break out of this cup/handle formation soon. Once it does the measured move could take it to about .043 but it will be in price discovery which means it can go much higher depending on supply/demand. The circulating supply for RSR is currently 9,349,999,000 RSR, which means at .043 cents the MC will be about ~402M and it will be almost in the top 50 on coinmarketcap.

In 2017 on Dec 17 XRP had a circulating supply of 38,739,144,847 XRP, and it reached $0.728 usd per token. The maximum circulating supply for RSR will be roughly 48B tokens with 52B locked in a 30-day slow wallet smart contract. RSR is rumored to have GSR as their market-maker since they are investors in the project, GSR was the market-maker for XRP during the 2017 bullrun.

DYOR.

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