XOR Bullish Breakers to watch

Jun 15

The bullish divergence on the NAMI indicator previously resulted in a significant price increase. It’s possible that we might experience another upward movement soon, given the current bullish divergence that has just formed and we are in a bullish breaker block now. The existing support level (breaker block) has higher volume compared to the lower one, but if the market declines further, we could see a drop to that lower support level, potentially even down to the range Point of Control at .....1426.

It's challenging to predict the market's next move with certainty, but I believe that dollar-cost averaging (DCA) through this period is a prudent approach. Please note, this is not financial advice. I am not a financial advisor, and my expertise is in drawing cartoons ;)

Additionally, it's worth mentioning that the Yearly Volume Weighted Average Price (VWAP) is currently 112% above our position. This could serve as a promising initial target for any future outburst. The reasoning behind these large moves with XOR is mainly due to the recent deflationary nature of the tokenomics. Many buyers are beginning to circulate back to the Sora ecosystem with the current production.

Polkaswap is their main dex with deflationary burning aspects of multiple tokens including XOR, VAL, and PSWAP.

Not Ever Financial Advice.

Jun 15

Note

Breaker Blocks --------------------------------

Breaker blocks are a specific type of order block, which are high-volume candles or areas with significant momentum that cause a shift in market structure. These are characterized by a price movement that initially bypasses the order block (resulting in a failed order block reaction) but later respects this level upon revisiting it.

In essence, breaker blocks are order blocks that fail the first time but create support or resistance the second time they are touched, after liquidations have been cleared in the opposite direction. These order blocks frequently contain imbalances or "Fair Value Gaps" that are formed when the price moves away from its previous range.

Jun 15

Note

Jul 15

Note

We def went to the lower breaker area but seem to be getting a rally

Jul 23

Note

We are still in that breaker zone. Looking for a reversal.