XDC ready to break outAfter an healthy correction and some accumulating XDC look ready to break out of this pennants within a day or two. If it breaks the upper line wait for a retest of the line. After confirmed we're ready to continue our way up. I expect some reaction at the red lines as they also dead earlier. Just my own thoughts. Feel free to correct me.
XDC
$XDC fight backXDC dropped below support last week and looked certain to drop to 38sats. However yesterday the price closed back above 60sats.
Stochastic RSI has daily momentum to go higher, that with the MFI crossing the RSI is bullish to me.
In the very short term we pay see a slight pullback, but this is a buy in my view.
So what's happening behind the scenes for it to increase over 20% ? Major exchange listing? Huger partnership? Let's see how this story folds.
Technically BullishWelcome, Loves.
XRP is facing a lawsuit which we know is crap. It will only boost the price higher when a conclusion is made. Regulatory clarity! Regulatory CLARITY. That's what Ripple has called for. That's what they got. The US allows case law to be reputable. The records and conclusions of this case will set precedent. Ripple is a giant. They have ex-regulators and bank lawyers ON THEIR TEAM.
Nuff sayed,
Peace
Bearish divergence on XDC. Noticed a bearish divergence on the daily RSI or XDC. (See blue arrows). But that doesn't necessarily mean the price will drop, we're still waiting for price confirmation. If the candle closes below the Black trend line it will confirm that there will be some bearish action. Overall XDC is definitely bullish though and is yet to reach the peak of the parabolic Fibonacci replacement trend. I am very bullish on this crypto. It has a great future ahead and I'm excited to see where it goes in the coming months.
XDC / USD - MOMENT OF TRUTH - 5 CENTS OE BACK TO 1?XDC / USD TA
Here we are looking at XinFin hitting pattern resistance. Next several hours will be key in identifying whether XDC is strong enough to break this resistance or will reject back down to 1 cent. From current stand, it does seem like we might see a nice breakout happening some time within the next 24 - 36 hours or sooner.
XDC / USD - SHORT TERM GAME PLAY TO $0.10 - CryptoManiac101XDC / USD TA
Here we are looking at a quick short term fractal for XDC / USD which if comes to fruition will take us towards $0.10 by April. In all, for us it's a long term hold, but if you're in this just for short term, be aware of an increased volatility for this asset.