GXSBTC (GXChain) is breaking out of an ascending triangle pattern, this can lead to a strong jump... Let's take a closer look at the charts.
GXChain Chart Signals Analysis
Prices for GXSBTC are now trading above EMA100 while challenging resistance after resistance.
Momentum for this altcoin pair has been picking up slowly but steadily, meaning that if the bulls follow up a strong "jump" is what follows, a nice increase in prices.
Conditions for change If the momentum is lost and prices move below 0.00004943, the above signals become invalid and the bears start to exert pressure, a new analysis would be needed to determine the next move.