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Real Games Price Surges Following RG Trend Analyst - Is a 30% Rally on the Horizon?

Highlights:

  • Real Games price soars 18% to $0.0031 as bullish sentiment bolsters.
  • Its daily trading volume has spiked 282% to $9.09 million, indicating heightened market activity. 
  • The recent rally comes as Real Games steps into Artificial Intelligence(AI) by introducing the RG Trend Analyst.

The Real Games price has soared 18% to trade at $0.0031 at press time. Its trading volume has notably spiked 282% to $9.09 million. The recent rally comes as Real Games steps into Artificial Intelligence (AI). The project has already dropped some serious tools, such as AI Meme Generator and AI Social Assistant, but now they’re stepping up the game with AI Trend Analyst.

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This powerhouse tool helps you easily track the market like a pro and spot the next mooners. With the Real Game price currently in the accumulation zone, the price is set to skyrocket to higher levels. 

RG Statistical Data

Based on CoinmarketCap data: 

  • RG price now – $0.0031
  • Trading volume (24h) – $9.09 million
  • Market cap – $258.72 K
  • Total supply – 1.5 billion
  • Circulating supply – 80.48 million
  • RG ranking – #3050

Real Game’s price shows a steady increase of 18% to $0.0031, showing strong bullish sentiment. Before the sharp rally, the price consolidated between $0.002 and $0.001, forming a strong base. This consolidation served as a launchpad for the subsequent parabolic move. The consolidation zone has now become key support, besides $0.002, corresponding to the 200-day SMA. 

Despite the rally, the death cross is evident in the RG market, as the 200-day SMA at $0.0023 climbed above the 50-day SMA at $0.0022. Death cross indicates a market downturn and a potential for lower prices. It’s a bearish signal that traders may use to caution or short positions.

Real Games Price
RG/USD 2-hour chart: Dextools.io

The Moving Average Convergence Divergence (MACD) indicator upholds the bullish outlook and hints at the uptrend reaching higher levels. The buy signal is evident as the blue MACD line (0.00018) crosses above the orange signal line (0.00012). Traders are inclined to continue buying RG unless the trend in the MACD changes. As the momentum indicator pushes to the positive territory, the path with the least resistance stays on the upside. 

Bullish Technical Indicators Point to a Short-Term Price Correction

The RSI has climbed to 78.57 and has now entered the overbought zone, which indicates that the asset has become overbought for the short term. This tallies with the correction in price currently underway. As displayed in the recent rise, a parabolic curve shows how swift the uptrend has been; such usually suffers violent corrections due to over-stretching.

If the Real Games price stays above $0024, consolidation could occur before attempting a retest of the $0.003 resistance. The sustained buying pressure may take the price towards $0.0035, a 30% rally. 

Conversely, early profit booking may cause a slight retracement, allowing the bulls to sweep through liquidity. A breach and break below the $0.0024 support floor will cause the RG price to fall to $0.0023. A close below the 200-day SMA may invalidate the bullish thesis, with the $0.0021 cushioning against downward pressure.

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