Radix XRD/BTC
Updated
The only crypto project which I did accumulate during bear market. In time I think Radix has a good change to be bigger than Polkadot and Cardano. I'd suggest you do your own research about them.
31st of july Radix Public Network upgrade from Olympia to Babylon will occur and ready build DEFI apps can move from "tech mode" to the main net, among other things.
Noticeable about the weekly chart.
25EMA (yellow ema) which worked as resistance 5 times was flipped, tested and showed some support. 70/30 I'd guess this would hold. Time will tell
Let's analyse few things from daily timeframe
31st of july Radix Public Network upgrade from Olympia to Babylon will occur and ready build DEFI apps can move from "tech mode" to the main net, among other things.
Noticeable about the weekly chart.
25EMA (yellow ema) which worked as resistance 5 times was flipped, tested and showed some support. 70/30 I'd guess this would hold. Time will tell
Let's analyse few things from daily timeframe
Note
-On daily we can see that the RSI is trying to break falling trendline and get back above 50 rsi (Im interested about the close).-Price has been suppressed by 25EMA for a month now. Close above it would tell me of a possible trend change.
-There is some buying volume but I would like to see little more to "convince" me about the break.
Related publications
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.