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10 months ago
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ARTICLE AD BOX
- Rocket Pool (RPL) price prediction for 2024 is $37.12 to $48.13.
- Rocket Pool (RPL)price might reach $50 soon.
- Rocket Pool (RPL) price prediction for 2024 is $21.27.
Rocket Pool (RPL) price prediction 2024, 2025-2030, we will analyze the price patterns of RPL by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
ROCKET POOL (RPL) PRICE PREDICTION 2024 |
|
| ROCKET POOL (RPL) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Rocket Pool (RPL) Current Market Status
| Current Price | $28.64 | 24 – Hour Price Change | 0.47% Up |
| 24 – Hour Trading Volume | $4,191,167 |
| Market Cap | />$574,743,189 |
| Circulating Supply | 20,066,401 RPL | All – Time High | $61.90 (On Apr 16, 2023) |
| All – Time Low | $0.008847 (On Aug 28, 2018) |
What is Rocket Pool (RPL)
| TICKER | RPL |
| BLOCKCHAIN | Ethereum |
| CATEGORY | ERC-20 Token |
| LAUNCHED ON | July, 2018 |
| UTILITIES | Staking, Smart Contracts & Rewards. |
Rocket Pool (RPL) is a decentralized network designed for Ethereum-based Proof of Stake (PoS) consensus. It allows individuals and businesses to contribute their Ethereum (ETH) holdings to a shared pool, which is then used to participate in staking activities.
Through Rocket Pool (RPL), users who don’t have the required amount of ETH to stake individually can still participate in the process and earn rewards by pooling their resources with others. The system is designed to be decentralized, secure, and efficient, providing an accessible way for anyone to participate in Ethereum’s staking ecosystem.
Recently, Rocket Pool (RPL) updated to version 1.11.2, introducing various enhancements, bug fixes, and possibly new features to the platform.
Rocket Pool (RPL) 24H Technicals
(Source: TradingView)Rocket Pool (RPL) Price Prediction 2024
Rocket Pool (RPL) ranks 101 on CoinMarketCap in terms of its market capitalization. The overview of the RPL price prediction for 2024 is explained below with a daily time frame.
In the above chart, Rocket Pool (RPL) laid out an Ascending Triangle. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.
If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.
At the time of analysis, the price of Rocket Pool (RPL) was recorded at $28.86. If the pattern trend continues, then the price of RPL might reach the resistance levels of $36.93 and $79.53 If the trend reverses, then the price of RPL may fall to the support of $27.25 and $17.09.
Rocket Pool (RPL) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Rocket Pool (RPL) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of Rocket Pool (RPL) for 2024.
| Resistance Level 1 | $37.12 |
| Resistance Level 2 | $48.13 |
| Support Level 1 | $27.90 |
| Support Level 2 | $21.27 |
Rocket Pool (RPL) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Rocket Pool (RPL) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Rocket Pool (RPL) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $29.92 Price = $28.85 (50MA > Price) | Bearish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 45.69 <30 = Oversold 50-70 = Neutral >70 = Overbought | Nearly Neutral |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Rocket Pool (RPL) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Rocket Pool (RPL) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Rocket Pool (RPL).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 11.25 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 48.67 <50 = Low >50 = High | Low volatility |
Comparison of RPL with BTC, ETH
Let us now compare the price movements of Rocket Pool (RPL) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of RPL is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of RPL also increases or decreases respectively.
Rocket Pool (RPL) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Rocket Pool (RPL) between 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| Rocket Pool (RPL) Price Prediction 2025 | $52.56 | $19.21 |
| Rocket Pool (RPL) Price Prediction 2026 | $57.52 | $17.83 |
| Rocket Pool (RPL) Price Prediction 2027 | $60.20 | $16.23 |
| Rocket Pool (RPL) Price Prediction 2028 | $65 | $15.03 |
| Rocket Pool (RPL) Price Prediction 2029 | $68.90 | $13.32 |
| Rocket Pool (RPL) Price Prediction 2030 | $70 | $12.36 |
Conclusion
If Rocket Pool (RPL) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Rocket Pool (RPL) price prediction for 2024 is $48.13. Comparatively, if unfavorable sentiment is triggered, the bearish Rocket Pool (RPL) price prediction for 2024 is $21.27.
If the market momentum and investors’ sentiment positively elevate, then Rocket Pool (RPL) might hit $50 Furthermore, with future upgrades and advancements in the RPL ecosystem, RPL might surpass its current all-time high (ATH) of $61.90. and mark its new ATH.
FAQ
1. What is Rocket Pool (RPL)?
Rocket Pool (RPL) is a decentralized Ethereum staking platform that enables users to pool their ETH for participation in Proof of Stake (PoS) consensus.
2. Where can you buy Rocket Pool (RPL)?
Traders can trade Rocket Pool (RPL) in the following cryptocurrency exchanges such as Binance, OKX, Bybit, LBank, and Bitget.
3. Will Rocket Pool (RPL) record a new ATH soon?
With the ongoing developments and upgrades within the RPL platform, Rocket Pool (RPL) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Rocket Pool (RPL)?
Rocket Pool (RPL) hit its current all-time high (ATH) of $61.90 on Apr 16, 2023. $61.90
5. What is the lowest price of Rocket Pool (RPL)?
According to CoinGecko, RPL hit its all-time low (ATL) of $0.008847 on August 28, 2018.
6. Will Rocket Pool (RPL) hit $50?
If Rocket Pool (RPL) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $50 soon.
7. What will be the Rocket Pool (RPL) price by 2025?
Rocket Pool (RPL) price might reach $52.56 by 2025.
8. What will be the Rocket Pool (RPL) price by 2026?
Rocket Pool (RPL) price might reach $57.52 by 2026.
9. What will be the Rocket Pool (RPL) price by 2027?
Rocket Pool (RPL) price might reach $60.20 by 2027.
10. What will be the Rocket Pool (RPL) price by 2028?
Rocket Pool (RPL) price might reach $65 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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