Xen Ready For Next Leg Up?Xen has already enjoyed a 1000+% price increase from its bottom but has also already retraced 50% in only 11 days.
The question is how far down will the retrace take us?
While it has happened quite quickly a 50% retracement is pretty significant and an appropriate place to look for at least a relief rally for a double top or full reveral and continuation to new all time highs.
Currently looking at a 4hr line chart we can see we are making a possible double bottom right at the 50% retace mark with bullish divergence.
If we hold this level, price will be making a lower low with a higher low on the oscillator at a key support level after a 50% price drop.
High potential pattern for brake a out or relief rally.
XEN
XEN VS HEX Price PerformanceIt is time for hexicans to be intellectually honest and drop the xen scam narrative or put hex into the same category. At the end of the day these are two high performing assests in this rally.
Just taking a non biased opinion and following the price action it is abundantly clear that Xen is out performing HEX in this rally.
Facts are simple Feelings are complex.
Xen = 775% in only 39 days
Hex = 650% in 89 days
Math is simple. Xen pumped 125% more in less than half the time.
The most interested part of this comparison is the counter cycle between the two that would be insanely profitable if it continues.
Looking at the chart the same day that hex started dumping xen started pumping.
Going forward we will be monitoring this very closesly to see if there is any correlation in the reversal for each.
Check back and see if this side by side comparison shows xen dumping as hex starts pumping and vise versa.
If it does and you are intellectually honest about these assest and not married to your favorite crypto coin it may prove very profitable.
Bitcoin - 31k ✔️ 44k ❔❔Couldn't have stated it more clearly: BITCOIN: 31k in April and 44k this Summer
March was Madness and April is Cool
My secret chart, reserved for weeks for my community and then publickly here for everyone is still the one chart i believe in:
TECHNICAL ANALYSIS:
✔️31k touched.. done but not dusted
We are approaching the Key S/R level at roughly 31700
Can BTC break higher❔❔
To be seen, let's be aware.. in the meantime some ALTS are Pumping, with XEN being my new favorite as you know:
Let me know your thoughts? Can BTC break higher or could we be up for another, temporary delay?
One Love,
The FXPROFESSOR
There could be a double left in #XEN ....BUT a a large amount of supply is due to hit the market in the coming months
Supporters will say most of this will get burned!
I would be wary of inserting "Real" money USDC/ETH into those liquidity pools
just my 2 cents
if you grabbed the lows then well played !!
the 100X and 1000X from the lows are shown just to illustrate the magnitude of the pump that would be needed , that many supporters are chanting right now
Other than that I have no real opinions on what Jack Levin is building or doing ... not my cup of tea.
XEN - 💚 Next stop @0.118 💙Market fails today but good analysis doesn't.
In a bad day like this Monday is, XEN continues to prove the analysis right: I think it's destined for Higher grounds and we are just at the beginning (not the very beginning but the right kind of the beginning).
New breakout and next level is at 0.0000115.
Again, I hope I am right and I usually am: XEN is already an important player in the Ethereum ecosystem (read my previous post on Ethereum guzzler mode) and it can become one for Bitcoin as well (Bitcoin Ordinals and New Project XENtoshi in Development).
Again:
💙Inspired and designed on the 1st principles of Crypto
💙Built on Ethereum and assisting Ethereum
💙No VCs, no influencers, no scams, no hype and bs
💙Ideal for Crypto adoption
💙Nice way of becoming deflationary
💙a Proof of Participation (PoP) crypto
💙No words, built on concrete long open-source code!
Previous post:
XEN - My new Crypto mistress Project 💖
One Love,
The FX Professor 💚
Xen Cypto Out performed Hex?It is no secret that xen has created some ripples in the hex communtity. Since launch the large majority of the hex community has come down pretty hard on xen and labeled the project as destined for failure.
I can't help but notice that hex topped on 3/22 up an impressive 690% from its bottom.
I also can't help but notice that on 3/22 Xen FINALLY established its bottom and pumped over 700%.
So yes it is official in the short term at lest xen has actually managed to out perform hex in terms of price performanace.
If you bought the bottom of hex you would be up just under 700% if you bought the bottom of xen you would be up a little over 700%
I am sure this evaluation will upset many but it is true.
The real question is can it continue. I would rather forget the competition exisits and simply support both projects as both have strong support from users and insane price performance.
With that said xen has hit resistance and hex seems to have found some support.
There may be an oppertunity to counter trade between these two great performing assets if the trend continues.
XEN - Destination? 💚 Higher 💙XEN has started to prove the analysis right: I think it's destined for Higher grounds and we are just at the beginning (not the very beginning but the right kind of the beginning).
Again, I hope I am right and I usually am: XEN is already an important player in the Ethereum ecosystem (read my previous post on Ethereum guzzler mode) and it can become one for Bitcoin as well (Bitcoin Ordinals and New Project XENtoshi in Development).
Again:
💙Inspired and designed on the 1st principles of Crypto
💙Built on Ethereum and assisting Ethereum
💙No VCs, no influencers, no scams, no hype and bs
💙Ideal for Crypto adoption
💙Nice way of becoming deflationary
💙a Proof of Participation (PoP) crypto
💙No words, built on concrete long open-source code!
Previous post:
One Love,
The FX Professor xXX X
😨 FOMO Today.... or POMO Next week?😱 The fear of missing out
The fear of missing out (FOMO) is an emotional response to the belief that other people are living better, more satisfying lives or that important opportunities are being missed. FOMO often leads to feelings of unease, dissatisfaction, depression and stress.
Well i guess we need to create a new word, so i called it POMO (Panic Of Missing Out).
I hope I am right and i am not always but market looks Bullish to me and given that:
-Feds almost done with hikes
-Canadians didn't hike yesterday
- Most importantly my charts show we might SERIOUSLY Pump next:
Hope i'm right...
One Pump,
The FXPROFESSOR
XEN - My new Crypto mistress Project 💖First time i heard of XEN I passed and it didn't age well, it's been up 250% since then.
I then decided to take some time and do proper research, thus I am ready to share with you.
What I like about it:
💙Inspired and designed on the 1st principles of Crypto
💙Built on Ethereum and assisting Ethereum
💙No VCs, no influencers, no scams, no hype and bs
💙Ideal for Crypto adoption
💙Nice way of becoming deflationary
💙a Proof of Participation (PoP) crypto
💙No wrods, built on concrete long open-source code!
Links:
Why XEN is Unique
What is XEN Crypto and How it Made ETH Deflationary
Stats
Whitepaper
Fair Crypto Foundation
Technical overview: Xen Networking
Ethereum guzzler mode
Bitcoin Ordinals and New Project XENtoshi in Development!!
The on-growing Zen Network
Hope it helps you take a look at it. You might end up liking it as much as I do. Price will be volatile but it looks good to me and can be potentially GREAT!
Professor's Sold on this one. 💙
Xen(Xen Crypto) Get ready for more action to the downsideBased upon what the charts are suggesting looks like Xen is coming down. A huge diamond pattern on the 1h timeframe plus over 3 additional Layers of confluence supporting the following measured moves, the first projection 0.00000219, 0.0000019, then 0.00000175..Stay tuned..