XDCUSDT
XDC possible breakout incoming$XDC Update:
The price is at a critical point right now with the RSI consolidating sideways below 50, and a strong medium-term uptrend acting as support. Key levels to look out for right now:
Resistance zone - $0.1203 to $0.1267
Support zone - $0.0931 to $0.1004 (also at the 78.6 Fib ext)
The price is currently trading towards the apex of an asymmetrical triangle that has been forming on a daily timeframe, whilst also trading within the resistance zone identified on the chart and mention earlier in this memo.
Provided the price breaks out of this range, the next key level of resistance would be $0.1311 which is also situated perfectly on the 50 Fib ext.
If the formation is invalidated and the price breaks to the downside, we would be looking for a bounce at the support zone identified.
#DYOR #NFA #XinFinNetwork
XDCUSDT on the daily 🍒*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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This one is worth watching and holding, good fundamentals.
XinFin is a 3rd Generation blockchain network, with a mission to boost automation and transparency in trade asset and risk distribution. Already a number of leading banks are engaging this blockchain company. The XDC network rivals BTC and ETH on speed/transactions per second, gas fees and energy consumption.
**definitely watch this space IMO**
Using naked price action analysis:
🔸 Flag formation, ATH, Volume
🔸 For Trading: Suggested Entry, SL & Exit points are theories only. ** IMO this is gearing for another leg up after this pullback which is expected. Suggest waiting for the retest/confirmation of reversal before entering.
🔸 For Holding: Since this is in my long-term hold, I will DCA along the way, so any entry is a good entry.
As always, watch for volume. Do your own research, check on-chain data. Always be watching BTC.
This is not Financial Advice.
Good chat.🤖
XDC to 30$Hello Friends,
XDC is gaining lot of momentum lately.
The technology is great, IMHO it is already a ETH/ADA "killer" ( there is no need to kill, there is space for every project in the crypto sphere )
If the market trend continues and we don't enter a bear market... i see 30$ in the charts, March/ April 2022.
Pure speculation of course, not financial advice, DYOR.
Cheers,
Kripti.
XDCUSDBITFINEX:XDCUSD is bullish and has broken out of daily blue downtrend line. We have multiple buy signals.
Steps to take:
Buy at lower support line OR break of upper resistance line with full open/close candle above
If you already hold XDC you can consider selling at .0739 resistance area if it creates short term rejection OR multiple sell signals