RACA Technical Analysis in a Daily Timeframe

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Now, let’s dive into this chart analysis:

RACA is breaking out above the resistance trendline and is currently trending above the 50 EMA. If it sustains this level, a bullish rally can be expected.

However, if the price dips, the support trendline at $0.000117 must hold. If it fails to do so, the price may potentially retest the all-time low support level.

Key levels:

- Resistance: $0.000148 (Breakout).
- Support: $0.000117.
- Lower Support: $0.000082.
- Bullish Target: $0.0003, $0.00048, $0.0007.

DYOR. NFA.

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#RACA has started its rally, already up 32% since our previous update.

We have primary resistance at $0.000204, and it will be interesting to see how RACA reacts to it.

In the long run, RACA holds the potential for 3x-4x gains.

DYOR, NFA.

#RACA #cryptocurrency
Chart PatternsTechnical IndicatorsracaRACAUSDTTrend Analysis

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