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Ready To Fight price has surged 36% in the last 24 hours. Trading at $0.1811 As of 7 PM EST.
CoinMarketCap describes RTF as “the first SocialFi app for the $10 billion boxing industry, led by Oleksandr Usyk and supported by the World Boxing Council (WBC), and a strategic partnership with Riyadh Season (and the support of the Saudi Arabian government) and Saudi Arabia Boxing. We explain through cooperation.”
The project aims to bring together the boxing community of 50 million people and merge it with Web3.0.
Ready to fight, the price continues its upward trend within the rising channel.
After a prolonged consolidation phase, RTF price found fixed support at the $0.1210 support zone and the bulls within the ascending channel helped push the price towards the $0.1970 resistance level.
RTFUSDT analysis. Source: Tradingview.com
Despite the recent bearish correction, bulls are poised to push prices higher. The price rose above $0.1970, indicating a continuation of the bullish trend.
Daily technical indicators paint a bullish picture for RTF. The price is currently trading above the 50 and 200 simple moving average (SMA), which indicates support for RTF’s upward trajectory and reinforces the overall bullish market sentiment.
The MACD line is above the signal line and the green histogram indicates growing investor interest.
Moreover, the Relative Strength Index (RSI) indicates a bounce from the mid-line of 50, indicating strong buying pressure on the RTF price.
The price ready to fight could soon reach $0.5.
If the uptrend continues, RTF may regain the $0.1970 resistance level. This continued price rise suggests that a new high of $0.5 could soon be reached, leading to a significant recovery in market value.
Conversely, if RTF struggles to overcome this significant resistance, it could face a recession. In such a scenario, the $0.1454 mark would be an important support level.
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The platform is gearing up for a lucrative $2.25 million sweepstakes offering a total of $750,000 in prizes across three seasons.
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