RKLB surged 20% on the 2nd day. How to go long on Rocket Lab in Gate TradFi?

Recently, the cryptocurrency market’s attention has been drawn to a “rocket craze.” According to Gate market data, on April 17, Rocket Lab (RKLB) closed at $82.465, a single-day surge of 12.04%, with the highest intraday price reaching $82.770, and a trading volume of up to $2.62B.

On April 16, Gate TradFi data already detected a sudden 12% spike in RKLB, with market activity far exceeding recent average levels. Combining the gains of April 16 and 17, RKLB has increased by over 20%, becoming one of the biggest hotspots at the intersection of traditional finance (TradFi) and the crypto market.

As of April 17, RKLB’s total market capitalization has risen to approximately $47.5 billion, with a cumulative increase of over 200% in the past 12 months.

Technical Outlook: Key Signals Confirmed

Breakout from descending wedge. On April 16, RKLB was observed on Gate Square to have “quietly broken out of the descending wedge,” gaining momentum above the red resistance zone and rapidly rising.

Moving averages aligned bullishly. From a technical analysis perspective, RKLB previously broke below the key support at $65 but has now successfully reclaimed that level, re-ascending above the 50-day and 20-day moving averages, and firmly trading above the 200-day moving average. The 50-day moving average has shifted from resistance to support.

Key breakout signals. Analysts generally believe that once RKLB stabilizes above $78, it will trigger a breakout on higher timeframes, initiating a new upward trend. FXEmpire’s report further states that if it breaks through $78.67, the next target will be the previous high of $99.58, with further targets at $111.40 and $118.14.

Catalysts: Multiple Positive Factors Converging

(1) Mynaric acquisition completed. On April 14, Rocket Lab completed the acquisition of German laser optical communication company Mynaric for $155.3 million, gaining core technology and establishing a business presence in Europe for the first time.

(2) Gauss propulsion system debut. On the same day, Rocket Lab launched the innovative electric satellite propulsion system Gauss, with an annual capacity of over 200 units, directly addressing market pain points.

(3) iQPS additional order. Not long ago, Rocket Lab signed a new multi-launch contract with Japan’s iQPS, increasing its total mission count to 15.

(4) Analysts’ upgrades. Citigroup upgraded RKLB from “Market Perform” to “Outperform,” while Cantor Fitzgerald maintained a target price of $85. Currently, the 12-month average target price from 17 analysts is $79.42, with the highest at $120.

(5) Neutron rocket nearing launch. As the company’s most important growth catalyst, the Neutron medium reusable rocket is expected to have its maiden flight by late 2026 or early 2027, viewed as a key turning point in the company’s valuation reshaping.

How to Long RKLB on Gate TradFi?

Amidst RKLB’s rally, Gate TradFi’s stock token zone has become an important channel for crypto traders to conveniently participate in this bullish opportunity. Gate’s stock tokens are not actual stocks but price participation tools that map stock price fluctuations onto blockchain, allowing users to trade 24/7 in stablecoins like USDT.

Operational steps are as follows:

Step 1: Enter the stock token zone. Open the Gate App, click “Spot” → “Stock Tokens,” to access the stock token trading page. You can also switch market categories on the spot trading page and select “Stock Tokens.”

Step 2: Search for RKLB. Enter “RKLB” or “Rocket Lab” in the search box to find the corresponding stock token trading pair (usually priced in USDT).

Step 3: Execute buy order (long). Enter the buy price, quantity, or trading amount on the trading page, then click “Buy” to complete the long position.

Step 4: Manage your position. After the order is filled, view your holdings on the “Assets” page. Unfilled orders can be checked or canceled in the “Trading Panel” → “Current Orders.”

Advantages of Gate stock tokens:

• No need for a securities account: operate directly within your Gate account without opening a traditional brokerage account.
• 24/7 trading: no restrictions by US stock trading hours, allowing entry or profit-taking anytime.
• USDT settlement: profits and losses are reflected directly in your USDT or other stablecoin balances, managed alongside crypto assets.
• Low barrier to participation: no need to buy whole shares; flexible position sizing based on your funds.

Risk Warning

Stock tokens are high-volatility price participation tools. Holding stock tokens does not mean owning company shares, nor do you have voting rights or dividends. Prices are influenced by both stock market and crypto market sentiment, and derivative trading may amplify gains or losses. Please control your position size reasonably according to your risk tolerance.

Summary

RKLB has recently experienced a strong rally, driven by multiple positive factors such as the Mynaric acquisition, Gauss propulsion system debut, iQPS order expansion, collective analyst upgrades, and the upcoming launch of the Neutron rocket. The stock price quickly surged from $73.60 to $82.465. Technically, it has re-ascended key moving averages, with further upside potential after breaking through $78.

For crypto traders wanting to participate in this rally, Gate TradFi’s stock token zone offers a convenient tool—no securities account needed, 24/7 trading, USDT settlement—making long positions on RKLB simple and efficient. With a clear understanding of the product’s positioning and risk boundaries, traders can incorporate stock tokens into cross-market strategies flexibly.