On the weekly chart X looks like its capped out according to the VWAP. On the daily chart its also looking like it'll test the top of the ichimoku cloud.
Note
Recent volume, RSI nearing oversold territory, vwap bottoming out should indicate a steady increase up to $19-20s possibly beyond.
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Please hit the LIKE button so I know you exist 🙏
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.