RSR Analysis Sunday — Edition 20
Monday is Confirmed
Happy Sunday Rangers! I want to start by saying that despite a FUD-filled weekend, Monday is just around the corner. This has been confirmed at multiple outlets:
- Gregorian Calendar
- Google Calendar
- iCal
- Casio Watch
It really is incredible to think, that even as of this writing, it is currently Monday in certain parts of the world.
Somebody’s Got a Case of the Mondays
So you may be asking yourself, “but Phil, Mondays happen on a fairly regular basis, why is this important?”. And that’s a fair question.
Well — this Monday — is different. It’s different than most of the ones you have experienced. It’s different than the ones most other people will experience, at least for now. In fact, there have only been a handful of Mondays like this one.
Because this Monday you’re holding RSR. Maybe you’re using RSV. Maybe you’re HODLing bitcoin. Or maybe you’re reading this, wondering if it’s time to finally start.
The biggest thing you’re saying is that this Monday, you expect technology, decentralized protocols, and a better monetary system to win.
But win over what, you might ask? Aren’t Mondays all the same? What’s really different about this Monday?
This Monday, you can finally choose.
You can choose Reserve. You can choose a better path. You can choose a brighter future for millions. You can choose decentralization. Choose technology. Choose the rollercoaster. Finally get off those Central Bank Teacups. Choose Monday because when Tuesday comes, you can look back on your choice and know it was the right one.
P.S. — Elon sucks.
Technical Analysis — Week of May 16th
Weekly Timeframe — USDT Pair
Continued consolidation is the name of the game. Another week of ranging in a healthy but volatile 7c — 10c with occasional dips below. This feels like steel forming to support our skyscraper to $0.20 and beyond.
Daily Timeframe — USDT Pair
Several key areas I’m watching on the daily.
- RSI has been consolidating since March/April — I expect a breakout here.
- We have a pattern forming of Consolidation (1), Breakout/Retest Highs (2), and Breakout/Consolidation (3). I’d like to see this repeat in the coming days to push us into the $0.18 range by the end of May.
- General formation is still strong — consolidating around $0.07.
Daily Timeframe — BTC Pair
Perhaps the chart that matters most has held up best — algos selling off over the weekend have maintained the strong pairing between RSR and BTC at around 150 sats. I am still looking forward to ranging and another attempt to breakout above the 185 level on the daily in the coming weeks.
Previous Editions of RSR Analysis Sunday
Edition 19 — May 9th, 2021
Reserve is Building Real Products, Used by Real People
Edition 18 — May 2nd, 2021
The Future is DAO
Edition 17 — April 25th, 2021
The Age of Crypto
Edition 16 — April 18th, 2021
What the FUD? | Thoughts on RSV
Edition 15 — April 11th, 2021
Reserve & Network Valuations
Edition 14 — April 4th, 2021
Reserve, Bitcoin, & Time Scarcity
Edición Especial de Abril — April 1st, 2021
FruityChain Implementation
Edition 13 — March 28th, 2021
Successes from Marzo (App Rollout)
Edition 12 — March 21st, 2021
Scaling The Team & The Importance of User Experience
Edition 11 — March 14th, 2021
Reserve Adoption — It’s Happening
Edition 10 — March 7th, 2021
Welcome to Medium
February 2021
All Reports from February (originally shared in Telegram)
January 2021
All Reports from January (originally shared in Telegram)
DISCLAIMER: “RSR Analysis Sunday” is for entertainment and informational purposes only and is not meant to be construed as financial advice of any kind. All investments carry risks.
“RSR Analysis Sunday” is not endorsed or supported by the Reserve Team, or any of its affiliates.
