Radix Breakout! Early? Not for long...Radix seems to have found a short-term bottom here, breaking market structure to the upside and attempting to change the daily downtrend into a daily uptrend. Volume has picked up at the bottom, and I am looking for a pullback to retest the breakout of the double bottom formed from March 2025 to April 2025.
There is a strong confluence of support between 0.009750 and 0.008250. At the 0.618 fibonacci retracement we have the upper bound of the double bottom, which coincides with the upturn of the 21/34/55 EMA and the upper bound of the previous distribution zone. The 50 SMA coincides with the 0.382 fibonacci retracement, which also coincides with the lower bound of the previous distribution zone.
Initial Entry - 0.009750
Full Entry - 0.008250
TP1 - 0.0147, with reload at 0.01234
TP2 - 0.0234, with reload at 0.0175
Long Hold Target - 0.07, but I won't be closing my whole position until 2027 at the earliest, 2028 at the latest
XRDUSDT trade ideas
XRD - Needs to break above resistanceA very steep and long downtrend after tagging 0.0392, dropping over 57%
It will need to break the downrend resistance with some volume before it can work its way up again.
MACD is showing some positive divergence. We need to see some follow-through with the price action.
Radix: 676% Potential (It Is Still Early)Some pairs are more exotic than others... At first, and then they become well known.
This is an interesting chart with huge potential for growth.
➖ XRDUSDT (Radix) has been green for the last 16 days, full green; 100%.
This signal tells us that the bulls have full control of this pair, of this chart. With the bulls in control, we can expect additional growth.
Price swings, shakeouts, are possible and these should be ignored.
If there is a long retrace, it can be bought.
If a correction develops, it should be taken as an opportunity to buy-more, rebuy and reload.
We are bullish 100%.
We are bullish on Radix, Bitcoin, Ethereum, XRP and the Cryptocurrency market as a whole.
We are at the start of the 2025 bull-market. This is only the start.
We will see more.
We are set to experience long-term growth.
Believe it or not, it is still early.
How high do you think this and other pairs will be trading in April 2025?
What about September 2025?
It is still early...
Thanks a lot for your continued support.
Namaste.
Radix | XRDRadix has kicked off 2023 with an impressive performance, as evidenced by XRD’s recent surge that conspicuously stood out atop the cryptocurrency charts.
This surge can be attributed to the rollout of Babylon RCnet, which is Radix’s latest milestone release, incorporating novel features and capabilities for both developers and users.
The price of Radix is $0.059 today with a 24hour trading volume of 10 million dollar. This represents a 15% price increase in the last 24 hours and a 35% price increase in the past 7 days
Radix is a layer 1 smart contract platform that started from the problem of how to decentralize the HKEX:400 trillion global financial system and worked backwards from that objective.
December was a momentous month for Radix, as it marked the launch of the highly-anticipated Babylon Betanet. This development served as an ideal launchpad, paving the way for an exciting start to 2023. with six promising projects accepted onto the 12-week program, the Radix ecosystem is poised to receive a significant boost that could prove to be immensely valuable in the long run.as the calendar flipped to February, the Radix team hit the ground running, not only to get the grant program projects up and running but also to participate in the Scrypto DeFi Challenge. With Scrypto as the native language for Radix developers, they had the opportunity to compete for a slice of the 50,000 $ prize pool.
XRD long setupALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
XRD Growth Spurt: Buy Your Ticket to Profit!Radix (XRD) Coin: Fundamentals and Recent News (as of March 27, 2024)
Fundamentals:
Radix (XRD) is the native token of the Radix network, a public blockchain designed to address scalability and security issues prevalent in existing blockchain technologies.
XRD serves three main purposes:
Securing the network: Users stake XRD to participate in the Delegated Proof of Stake (DPoS) consensus mechanism, validating transactions and securing the network.
Paying transaction fees: XRD is the only token used to pay for transactions on the Radix network. These fees are burned, helping to control inflation.
Accessing DeFi: XRD is required to access decentralized finance (DeFi) applications built on the Radix network.
Recent News:
XRD has experienced a significant price increase in the past 24 hours, up over 20% at the time of writing. This follows a broader trend of positive momentum for the coin in the past week.
There haven't been any major news announcements specifically related to Radix recently. However, the overall growth in DeFi and the increasing focus on scalable blockchain solutions could be contributing factors to XRD's price rise.
Disclaimer:
The cryptocurrency market is highly volatile and speculative. This information is for informational purposes only and should not be considered financial advice.
Before investing in XRD or any other cryptocurrency, it's crucial to conduct your own research and understand the associated risks.
Radix XRD USDT Looks Bullish for Short TermXRD Looks bullish for short term as it had Market structure shift on Daily TF and Tapped on Daily FVG as well.
On H4 It looks like AMD Model Where we have accumulation first (Blue) then Manipulation (Red) and Now i am expecting Distribution to the Upside for Buy side Liquidity.
Targets are marked with red lines.
Let's see how it plays out.
if you like my idea hit the boost/like button :-)
NOT A FINANCIAL ADVICE it's for educational purposes only.
XRD forming Double bottomXRD forming a double bottom. If the market recovers this has a good probability of a rally.
MACD is low and about to come up.
RSI is Oversold.
Falling Wedge Pattern has a high probability of breaking to the upside. Measured move is 41% gain. Even if we get half of this its 20%.
Risk to reward ratio is Excellent!!