- RDNT hits a 9-month peak at $0.4223, soaring 100% in 6 months.
- Investor interest spikes, with RDNT’s 24-hour volume up by 37.82%.
- RDNT’s MFI at 84 signals overbought conditions, hinting at a pullback.
Following a gloomy week, bulls in the Radiant Capital (RDNT) market have suppressed their rally in the previous 24 hours, with support at $0.3989 created. As a result, bulls raised the RNDT price to a nine-month high of $0.4223 before encountering resistance in the last 24 hours, marking a 100% increase in the previous six months.
However, bullish momentum had faded at press time, with RDNT trading at $0.4047, up 1.16% from the intra-day low.
Concurrently, the RNDT’s market capitalization and 24-hour trading volume increased by 1.62% and 37.82%, respectively, to $181,371,374 and $73,572,473. This jump suggests an increase in investor interest and trading activity in RDNT.
The next significant resistance level to watch is $0.4250, which may determine the short-term price direction of RDNT. A consolidation phase may follow if the bullish surge fails to break through this resistance level.
RDNT/USD Technical Analysis
The Money Flow Index (MFI) rating of…
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