Long

XFT Long for 2023-2025

Updated
Hi,
I would like to share some gems that I think are good bets.
This is the chart with ETH pair, so price in USD may differs a bit.

The 1st support is roughly at $0.30, that it's the current bottom. If the price will ever get here again, I will buy massively.
The 2nd and 3rd support are respectively at roughly $0.80 and $1. The price, considering BTC movements and volatility may rebounce at these levels.
The 1st 2nd and 3rd resistance are respectively at $2, $2.75 and $4.

My entry is at $0.50
Exit gradually from $3

Why am I bullish?
- Product release in Q1
- Tokenomics is strictly linked with the cashflow: more inflow into the platform -> Buy pressure -> price goes up (and viceversa).

This is one of my long-term bag for the bullrun (that I think will happen and peak in 2024). I'm not trading it, but I'm HOLDING it.

PS: I will update here time to time with comments.



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Bounced at my 3rd support and taken off heading to my 1st resistance $2.

I've redone the chart paired with USD (and not WETH).
Same levels as before. Added a good target.

Note: I think XFT has potential and could be $10+ in 2024-25. Its tokenomics is very particular. Those targets are just my opinion, reflecting its tokenomics.

snapshot
Note
I just posted a private idea so the chart is playable :)

XFT - USD Paired Chart update 2
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XFT just reached the purple box (resistance zone) in the XFTETH pair. That's the 2nd resistance level (red line) at $2.75 in the XFTUSD pair chart above :)
Note
XFT just broke $2.75-$3 resistance zone. It's currently consolidating above it.
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Retracement into the $2 support. Mainnet coming in roughly 20days from now
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