iExec RLC (RLC) faced sharp selling pressure on October 6, 2026, with price falling by more than 10% in hourly trading across two volatile sessions. Early data showed RLC dropping 10.09% to $0.697 after hitting an intraday high of $0.782, while later reports showed a further volatile swing: RLC fell 10.12% to $0.764 after peaking at $1.0724.
Despite the sell-offs, trading activity remained elevated. The first reported 24-hour volume stood at $35,883,370.82, and later figures surged to approximately $64.59 million. The token’s 24-hour performance also shifted from a notable gain of 85.92% in earlier trading to about 7.12% later in the day, underscoring rapid repositioning by traders.
Market observers attributed the decline to shifting sentiment, technical selling pressure, and possible profit-taking after RLC approached its highs. Broader cryptocurrency conditions were described as mixed, with macroeconomic factors such as interest rate expectations and U.S. dollar strength also cited as potential influences on trader confidence.
Key levels highlighted by traders included support near $0.567 and later near $0.7557–$0.76, with resistance around $0.782 and $1.07. A break below support could signal further downside, while reclaiming resistance would be needed for recovery.
