xx network bottoms and is on standby to fly!
The whole crypto market rallies after a long cool down period from the beginning of 2024's bitcoin rally. Many coins did almost a full retrace since then but have bounced aggressively, except the xx network, but fear not! xx has shown very strong signs of bottoming, with the weekly RSI slowly going up. Order books on mexc are very thin, any dump can easily be bought up with a few grand, but only that would hurt a heavy seller, there is nowhere to go now but up up UP!
The purple line paints a downward trend but xx is getting soo close to breaking that trendline, soon! I can expect quick resistance at 10 cents, but a strong bounce to the pervious ATH's. We'll have to wait to see how things play out from there.
The whole market has rallied but xx is lagging behind just a bit. Anything can send this coin to Valhalla at the push of a button and will catch up with the rest of the market easily! HODL!
The purple line paints a downward trend but xx is getting soo close to breaking that trendline, soon! I can expect quick resistance at 10 cents, but a strong bounce to the pervious ATH's. We'll have to wait to see how things play out from there.
The whole market has rallied but xx is lagging behind just a bit. Anything can send this coin to Valhalla at the push of a button and will catch up with the rest of the market easily! HODL!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.