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XENUSDT trade ideas

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.
BITGET:XENUSDTLong
by Degen-Dynasty
1
XEN's Journey to $1.00 What is XEN? XEN is a community-building crypto asset that connects like-minded people together. XEN has the lowest barrier to entry through its unique tokenomics. It's a fair crypto that is owned by the community, with no pre-allocation for investors or the founding team. Instead, 100% of the liquid XEN supply is minted by the community. Who are the founders of XEN? The Fair Crypto Foundation, led by Jack Levin, an ex-Google employee #21 and a Silicon Valley entrepreneur who has been a Bitcoin miner since 2011, launched XEN based on the first principles outlined in Satoshi Nakamoto's Bitcoin white paper. What makes XEN unique? XEN's simplicity, fair distribution, and fast-growing community make it stand out in the crypto world. Its contract is immutable, open-source, with no admin keys and only 400 lines of code. XEN has become extremely popular among users and developers. In just six months since launch, over one million users globally have participated in XEN minting from 350M million wallets across 10 EVM-compatible chains, and many community projects have been launched. Over $50m has been spent on gas to mint XEN on Ethereum. What's next for XEN? The Fair Crypto Foundation team is currently working on its layer one chain called X1, which is set to launch in 2024. The native token of X1, XN, will have a capped supply and will be bridged with XEN on all 10 EVM chains where the XEN contract is present. At the same time, the team is focused on community development and supports community-launched projects that are based on 1st principles. What can XEN token be used for? XEN token is a versatile asset that serves as a foundational component of many fair launch crypto protocols within the XEN Ecosystem. This makes it highly valuable for anyone involved in the crypto community. XEN tokens are required to participate in various XEN protocols, including XEN torrent, XENKnights, DBXen, Xenlon Mars, Fenix, and X1 chain, among others. By holding XEN tokens, users have access to a wide range of decentralized applications and can participate in building the future of the decentralized web. Here are some other articles that you may be interested in:
MEXC:XENUSDTLong
by BeingCryptic
1
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 💚
BITGET:XENUSDTLong
by FX_Professor
12
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
BITGET:XENUSDTLong
by FX_Professor
8
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. 💙
BITGET:XENUSDTLong
by FX_Professor