Reserve Rights (RSR) Project OverviewWhat Is Reserve Rights (RSR)?
Reserve Rights is a dual-token stablecoin platform that was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
Reserve Rights’ dual token setup includes a stablecoin known as the Reserve stablecoin (RSV) — which is backed by a basket of assets managed by smart contracts. The second token is the Reserve Rights token (RSR), which is used to keep the RSV stable at its $1.00 price target through a system of arbitrage opportunities.
Unlike RSV, the Reserve Rights (RSR) token is volatile, and its main purpose is to help maintain the stability of RSV. It can also be used to vote on governance proposals — helping holders shape the future of the Reserve Rights ecosystem.
In the later stages of the project, Reserve Rights plans to back the Reserve stablecoin by an increasingly diverse basket of assets, and eventually move it away from the U.S. dollar peg — instead creating an alternative reserve asset where RSV tokens instead represent fractional ownership of the collateral pool.
Website: reserve.org
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Here we have the full Reserve Rights (RSRBTC) chart.
We have the support levels marked, below the support price.
We have the resistance levels marked, above the current price.
If you scroll the chart up, you can find additional targets.
This is very likely to grow.
Namaste.
Reserverights
Reserve rights RSRUSDT - Rising wedge + Descending triangle- RSR recently broke out of the rising wedge pattern, now we are looking for a pullback
- Also, descending triangle is forming on 1h chart - which is bad for bulls
- I can see a great buy opportunity at the main horizontal support
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Reserve Rights Doing a Thing. RSRUSDYes, it is. Some very nice moves there. Immediate fib goal in gold. And what other more appropriate color can it be? Not financial advice.
$RSR great entry is almost here!Good day crypto ladies and gentlemen,
BINANCE:RSRBTC is approaching the perfect buy level between 0.5 and 0.618 Fibonacci Retracement.
It looks like the downtrend might be over, huge volume breakout gives high hopes for upcoming bull trend. 200 EMA acts like a major resistance for RSR now.
Risk: 5
Reward: 9
Trade wisely and plan all your actions before buying.
All my trades are my personal opinion, so DYOR
RSR / BTC — 4h chart analysis and trade suggestionPrice of RSR inside Fallig Wedge. This trade can be executed on Binance or Huobi or other exchanges. When you trade on your account, make sure you following stop loss, and cut losses as soon as possible. If you not following risk management you will lose all of your money eventually.
For RSR plan to take profits at 10000+ and 12000+ and even at 13000+
Stop loss recommended below 8000
$RSRBTC (RESERVE) ABOUT TIME TO GO BALLS DEEP!WELL ITS BEEN A NICE SELLOFF FOR RSRBTC SO NOW IS THE TIME TO ACCUMULATE SOME RESERVE, START SCOOPING UP SOME RSRBTC FOR INTO SOME BAGGIES NOW.
$RSR Will Continue to Drop .0082 or Lower! Well. I would type a description here...
But I already placed it in the image and made things relatively clear (even if you're a total TA newbie).
RSR CONFIRMATION NEEDEDbounced off .01
confirmations needed
1. break back over the 100 MAs
2. MACD cross of the signal line
holding a position
not financial advice
RSR SHOWING BULLISH TENDENCY FOR CONTINUATIONrank #95 RSR has come a long way up
.013 is looking like support area
100 MA high/low also there as support
bullish divergences observed across MACD and Stochastic RSI
RSR MY GUESSmy guess is that rsr will come in to test the .0125 break out level
it should be met with additional support of the 50 MA and the 100 MA
time will tell
not financial advice
RSR WEEKLY KELTNER CHANNELrsr has been running strong and hot
I do expect that strength to continue for many months to come
however
it is likely, or at least possible, that rsr will
1. revisit a significant support line in red
or
2. revisit the center line of keltner channel
or
3. visit the top line of the keltner channel before moving on
or
4. move high and revisit any of these in the future
not financial advice
just my thoughts on future price movement
Reserve Rights Token Binance Pump and dumpAs you can see in the chart, when Binance added RSR to its platform two massive pumps happen with TRADERS taking profits that the high level and selling off their tokens buying the dips.
Now the price will steadily move upwards, I'm looking to accumulate as RSR gets more adoption
Reserve Rights Potential Top vs Tether USDReserve Rights (RSRUSDT) is showing signals of a potential top.
Right now we have prices testing EMA10 (0.023062) as support on a strong bearish candle.
We can also notice strong bearish divergence with the MACD and RSI.
The trading volume is low on today's and yesterday's candle but we still have many signals pointing lower... We have a potential top/peak for RSRUSDT.
This is not financial advice.
Namaste.
RSR IN A SUPPORTED UP TRENDon any given day rsr can look parabolic
but rsr has also paced itself which gives it the potential, at least visually, to go on a much steeper parabolic rise in the future
I am expecting to see rsr in the top 20 before 2021
RSR Reserve rightsattempting to break out of consolidation trend
wicked over trendline once already
my guess is continuation this week
RSR ASCENDING 3ANGLEmacd in good position
rising trendline - in red
inverted head and shoulders
sup and handle
ascending triangle
how much more can the market spell it out?
not financial advice
LONG
RANK #104 RSR - COINBASE 19coinbase recently announced the consideration of adding up to 19 protocols for trading
RSR is one of them
my expectations for this long term swing trade are even higher than this
but these targets alone are already mind blowing
never put all of your eggs!
happy trading!
not financial advice
