Relicanth - 173/162 Price
MARKET NOTE: RELICANTH - 173/162
Updated 2026-05-06
Relicanth illustration rare is climbing with real conviction. The spec has moved +52.0% over thirty days and +11.1% in just the last week, now sitting at $9.33 NM, which represents a +62.8% recovery from its $5.73 trough. This isn't a dead cat bounce; the floor has steadily risen across the entire twenty-three day window with no rollback, suggesting consistent demand absorption at higher prices rather than panic liquidation by bag holders. The +11.1% weekly move indicates momentum is accelerating into the current position, not decelerating, which is the tell that separates a genuine entry point from a corrective bounce. The real question for diamond hands is whether this climb sustains through the next tier or gets chased into a local top; watch for the card to hold above $8.50 if conviction remains genuine, and whether supply dries up as the spec gains visibility.
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