As long as .78 can hold as support OXT is only beginning a massive journey.
We could see brief dips below in coming days but bigger picture we would like to see a weekly Candle Body close above .78 USD.
That would be extremely bullish.
Price discovery can be a fantastic time for asset holders.
Real world usability and demand to pull OXT higher in cmc ranking list.
not investement advice. DYOR.
Comment
⋅
Indecision across multiple crypto assets. This one has been a nail biter! However, I have a gut feeling it might surprise us and catch us off guard with a strong move up. On the contrary, downside targets are .70 & .64 (ish).
Just look at MarkStPeter’s chart. I’m pretty sure he’s a whale lol 😽
mufox77
⋅
I've been holding patiently for weeks now and price action is horrifying on this coin. each push up gets rejected hard BUT over all it has gained obviously just slow and steady. I think if you sell now, you will miss the move and when that move comes, its going to be big.
observingthetrade
⋅
OXT up over 300% this year. Market Cap is still relatively small. This could be a banger...
mufox77
⋅
Update? still holding above 78c even after the dip this morning. I thought we wouldn't go under 79c but with OXT I'm often surprised.
MitchMilli
⋅
@mufox77, OXT is unfortunately showings signs of failing to hold the .78 cent area. However the 2hr chart could give us a reversal off the 200 day MA. Two big areas of support I would look for in bearish scenario is .70 & .64. Personally I will swing trade it should we fall below. OXT needs some time to mature though I think we will laugh at the thought of these prices in the future. Opportunity abounds best wishes.