MXC Token - currently undervalued
In a bull market situation ..crypto exchanges have a lot to gain! from fees and other financial derivates products they have now for Us their users. Fees included from Futures Trading!
As i told several years back i don't use leverage anymore with crypto.
Crypto market has plenty of gains with it's pumps to remain confident with spot trading.
About:
MXC is an ERC-20 utility token used for device transactions on the MXC Supernode network. Staking gives the MXC community a chance to share in Supernode profits.
A Supernode is a peer-to-peer network node that serves as a relay and proxy server for other users, handling data flow and connections.
Machine Exchange Coin (MXC) is a decentralized global token technology that seeks to offer a unique and specifically designed data trade network.
Data can be shared on a broader scale while aiming to ensure complete end-to-end privacy.
MXC is intended to be distributed to data owners, receivers, and network hosts, facilitating the cross-over between a commodity-based coin and an everyday trading coin currency.
MXCUSDT trade ideas
MXC longMy assessments are not financial advice. This is a long term swing trade idea, not a short term pump. I think MXC is near a bottom, there could be a better entry or this could be it.
The 1 week showing multiple buy signals, TD 13 Buy, is extremely low on Cipher B at -86 and rounding up. The 2 week rounds up by 12/19 and is currently flashing a TD 9 buy.
4HR showing an extreme bright green buy signal on Cipher B.
MXC total supply and circulating supply around the same number at 2.5B.
BTC is currently battling for its life. Manage your risk, do not trade with emotions and do your own research and analysis!!!!
MXCUSDTIt has maintained its weekly ascending channel!
Currently, the bottom of the ascending channel is located, provided that the price range of $0.0587 is maintained, the possibility of forming an upward trend according to the scenario is not far from the mind!
Please don't forget, be sure to set a few levels of profit limit.
We would be very happy to hear your comments.
With Buyers Dominated, MXC Price Action Flashes Bullish HalvingThe MXC token has been in an uptrend since September 29, but is consolidating in a symmetrical triangle pattern nowadays.
The MXC token saw its trading volume increase by over 30% during a wide range of accumulations.
For buyers, the 20-day moving average seems to be the short term support zone.
The RSI is forming a low-high after returning from the 75 mark - the start of an overbought zone and below a sloping trend line. The RSI peak is still above the halfway line, which could save MXC holders from a scary downside.
The MACD indicator is slowly sliding lower after a bearish crossover in the positive zone in terms of the daily price chart.
The uptrend trendline (blue) is an important hedge area for MXC holders. In any case if they lose this level they can witness bloodshed. Conversely, they hold the MXC token above the 0.618 Fibonacci retracement level, then they can recover from this symmetrical triangle pattern.
Support level - $0.094 and $0.080
Resistance level - $0.115 and $0.14
MXC Breaking out.. Get in now or never🚀🔥🔥🔥🔥MXC is breaking out now on the 9 daily and weekly chart for a big momentum to the upside.
This token could do problem 200% or more.
Remember to follow so you can get my exit signals.
Bullish TriangleTechnical Analysis:
- We are in an ascending triangle triangle about to hit $0.13 cents again.
- BTC is heading back up and so will all the alt coins
Funadamentals:
- January was one of the most successful months for MXC Miners, having MatchX selling a record of M2 Pro Miner sells. The morr]e miners there are, the higher the price of MXC will keep going up. MXC is one of the only coins that continued to head upwards in this bear market an continue to hit new all time highs.
- MXC lowered the price of selling your coins and continue o inprove there next works every season. MXC is easy a a lot of potential
MXC LONGThe reason for MXC to go long is because of their Mining Productivity, we just hit an ATH of .13 cents and since its only been going up and breaking new records, MXC has years of potential, nothing that is going to make you a millionaire in a month or so but, MXC will continue to grow slowly and surely because the M2 Pro Miners they have. The more people mine, the more expensive the coin will grow. Making it a long term buy.
MXC/USDTHello friends,
A very strong resistance has been broken and its high price has stabilized,
Enter the deal with a loss limit,
MXC seemed to be an exchange coin that has just been ranked as a good exchange and is ranked 24th in the coinmarketcap table.
There is a lot of room for growth ...
MXC pump and pumpRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
