why / rpl

Why is Rocket Pool down today?

−4.20% 24h
Short answer

Rocket Pool (RPL) is down 4.2% in the last 24 hours, trading at $1.46. The whole crypto market is −4.4%, so this is mostly a market-wide move. Bitcoin, which it partly follows, is −4.7%.

· from live market data
RPL 24h−4.20%
Whole market 24h−4.41%
Bitcoin 24h−4.75%
Link to BTC (30d)0.65
Volume vs normal1.7×
signals

What is moving Rocket Pool

Strongest signals first.

Moving with the whole market

The total crypto market is −4.4% in 24 hours. RPL is −4.2%, about the same, so this looks like a market-wide move rather than something specific to Rocket Pool.

Why is the crypto market moving? →

Partly follows Bitcoin

Over the last 30 days, RPL's daily moves had a 0.65 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −4.7% today.

Bitcoin price →

Weak month

RPL is −4.7% this week and −26% over 30 days, so today's move continues the monthly trend.

Normal trading volume

Volume is close to its 30-day average (1.7×), so there is no rush of buyers or sellers today.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of RPL positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Rocket Pool

faq

Questions

Why is Rocket Pool down today?

Rocket Pool (RPL) is down 4.2% in the last 24 hours, trading at $1.46. The whole crypto market is −4.4%, so this is mostly a market-wide move. Bitcoin, which it partly follows, is −4.7%.

Will Rocket Pool go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: RPL is −4.69% over 7 days and −25.64% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, RPL's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.