PalenTrade

Radix waking up!? (Ultimate)

Long
PalenTrade Updated   
Hi.

I was supposed to put out this analysis a few days ago. Sorry about that.

I have been waiting for a while for this $0.05 to break.
Many price suppression levels are broken, if we do close above $0.05.
-Vertical trendline (red arrows)
-Lowering trendline (blue arrows
Both have shown many times their importance, by how price has reacted to them.

First resistance $0.0556-0.058, after that $0.74, $0.11, and $0.14.
I am waiting for higher prices. Smart Contracts went "online" 2 months ago and TVL is just about to hit 20 Million!

TON demonstrated staggering speed on 104k TPS, which is claimed to be the fastest blockchain in the world.
This has woken up the Radix community and founder Dan Hughes to break the 104k record and previously demonstrated over 1 mil TPS on Radix

I wrote a small post on X week ago, about Radix's progress after Babylon Update. I suggest you check it out, but be careful if you deep dive on XRD! You might experience #RadixRevelation!
This is the only Crypto project which I did accumulate on the bear market. I Have had a close eye on it.



This is not a financial advice!
Comment:
Here we can see some structural changes in price action, on the 12H timeframe.
Higher lows, (accumulation).
Price made a higher high. But we do need that close above $0.05 as confirmation. I would like to see the price above the $0.058 area to be really convinced
Comment:
We will be eyeing this price action.

If you have any questions at all. Don't be afraid to ask. I gladly answer, as well as I can

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