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

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Author: coinmaker

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