# iExec RLC Holds Bullish Structure as Daily RSI Tops 85

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28802
Published: 2026-10-09T08:09:02.000Z
Updated: 2026-10-09T08:09:02.000Z
Section: Investing

> RLC traded at $1.07 on Oct. 9, with daily and hourly averages below the market while RSI readings exceeded 80 on both charts.

iExec RLC (RLC) traded at $1.07 on Oct. 9 as daily and hourly trend indicators remained constructive, while weaker short-term momentum pointed to a more divided technical setup.

The daily relative strength index, or RSI, stood at 85.5, while the hourly RSI was 81.3. Both readings were above 70, a commonly used threshold for overbought conditions, though the readings alone do not confirm a reversal.

Daily exponential moving averages were below the market at $0.4814 for the 20-day EMA, $0.3870 for the 50-day EMA and $0.3801 for the 200-day EMA. The available readings also placed hourly averages below the market, at $0.9113, $0.8168 and $0.6148, respectively.

Shorter-term momentum was less firm. RLC traded below the 15-minute EMA20 at $1.08 but remained above the EMA50 at $0.9720 and EMA200 at $0.8349. The 15-minute RSI was 58.8, while the positive MACD histogram was narrowing.

The readings split by time frame. Daily and hourly averages supported the existing bullish structure, while the 15-minute indicators pointed to weakening momentum and possible short-term mean reversion.

The key upside level was $1.09. A move above that level would provide bullish confirmation. On the downside, an hourly close below the $0.9113 EMA20 would weaken the near-term structure.

The latest completed daily candle closed at $0.8835, while the latest completed hourly candle closed at $1.28. Those figures represent separate time frames and are not simultaneous price references.

Broader market measures added context but did not specifically describe RLC’s trading setup. Bitcoin dominance was 59.06%, while the Fear & Greed Index stood at 59, classified as “Greed.”
