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hodlerzen
Feb 26, 2022 9:34 PM

Proton XPR - Inverse Head & Shoulders - $0.013?? Long

XPR Network / TetherKuCoin

Description

Proton XPR is currently forming a bullish Inverse Head & Shoulders pattern on the higher timeframes.

If it can complete the right shoulder, the technical price target would be $0.013, which is also a key area of resistance. However it has been trending in a Falling Channel, and will also need to breakout before reaching the target.

This will of course depend on what BTC does, as it is currently ranging right under a key resistance level, while Proton is at a key support level.
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