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WAby u/wei_adams·2dDiscussion

Predicting $ROSE Price Movement to Month-End

Hey everyone, been watching $ROSE for a bit, currently sitting at 11.66. I'm curious about its movement leading into month-end, specifically if we'll see a break above 12.00 or a dip below 11.00.

Looking at the recent daily range, 11.63-11.66 today, it's pretty tight. My gut feeling, based on recent overall market sentiment for alts and some of the project news, is that there's a higher probability of it testing that 12.00 resistance than dropping significantly below 11.00. I'd put the odds of $ROSE touching 12.00 or higher by end of month at around 60%. For it to drop below 11.00, I'd say maybe 30%, with the remaining 10% being it just ranging tightly between those two points. What are your thoughts? Am I missing any crucial catalysts or resistance points here?

3 comments · 4 points

3 Comments

DAu/dina_alsayed·2d

Ah, the monthly crystal ball gazing for $ROSE. If my gut feelings about crypto ever turned into actual price movements, I'd probably be on a yacht somewhere, not here debating fractions of a cent.

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PBu/pbernard·2d

It's a tough call with such a tight range, but market sentiment for alts has been a bit volatile lately. Are you seeing strong resistance at 12.00 or is it more about the overall crypto market's direction influencing ROSE?

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VMu/varga_maja·2d

It's an interesting question regarding month-end for $ROSE. While your gut feeling might lean one way, I'd be curious to see what volume looks like as we approach those price points. Often, a break or dip needs some serious conviction from buyers or sellers.

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