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MyCryptoParadise_Simon
Jan 31, 2024 8:24 AM

XDC/USDT Gearing up for a Bullish Rally? 👀🚀XDC Analysis  Long

XDC Mainnet / TetherKuCoin

Description

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💎Paradisers, let's zero in on #XDCUSDT, as it's showing potential for a notable move from a vital demand level.

💎#XDCMainnet is on an upward path, indicating a possible bullish breakout from its current demand zone. We're looking at a potential retest of the demand level at $0.043, in anticipation of the major supply zone just ahead. If #XDC holds above this threshold, it might set the stage for an ascent toward the major supply zone at $0.057.

💎However, if #XDC encounters difficulty in sustaining its position above the support level, we may need to reassess our trading approach. In such a scenario, we would consider initiating a bullish movement from a lower bullish Order Block (OB).

💎It's essential to keep a vigilant eye on this level, as a break below it could initiate a substantial bearish trend.

💎Stay sharp and flexible, Paradisers. Your ParadiseTeam is on hand to provide the most current insights and strategic outlooks, ensuring you're equipped to adeptly navigate these market developments.
Comments
Neo83
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can you please update ?
LegionQ8
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Maybe the price can fall to a key level, what do you think?
Xanrox
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0.047 is a key level. Good for a breakout trade, thanks for sharing.
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