After our prediction of TSX:RLB 's bottom being in:
RLB's price action has started to demonstrate the strength of how well this structure is being built.
So far, The daily doji has marked the reversal. After having a swift move to the upside, price came down to retest our demand zone of strong support around $0.10. In doing so, buyers stepped in and have...
Here Viaquant is making the prediction that TSX:RLB just created the bottom or is very very close to the bottom before its bullmarket kicks off. Here are the reasons why. If you want to know the fundamental reasons of why RLB is undervalued, please check out our previous post here:
Now let's focus on what the chart is showing us that could be foreshadowing...
We will examine the fundamentals that could pump this token then we will get into the chart analysis.
First let's look at revenue. Yearly revenue far exceeds current marketcap.
21 Revenue - $0.89B
22 Revenue - $0.88B
23 Revenue - $1.04B
Current Market cap - $413 M or ($0.41B).
This shows that strictly based on market cap vs revenue, RLB token is undervalued by...
