Rocket Pool (RPL) Fails to Sustain Price Boost, Up or Down Next?
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Rocket Pool (RPL) closed last month with a vicious 20% price decline after hitting a new 2023 peak of $61 on April 17. A critical analysis of the on-chain data suggests that bearish actions from investors exacerbated the price drop. But where will RPL price bottom out? Rocket Pool (RPL) is a unique ETH2 staking protocol that allows users to join a decentralized node operator network or run their own nodes with only 16 ETH. Following the successful competition of the Shapella Upgrade, RPL raced to a new 2023 peak of $61. But declining interest from crypto investors and an
Binance, a leading global crypto exchange, has announced listing of the Rocket Pool (RPL) altcoin’s perpetual contract. Announced on September 9, 2024, this new addition to Binance Futures offers the RPLUSDT Perpetual Contract with up to 75x leverage and operates 24/7. This indicates an expansion of trading options on the…