This investing idea is especially for TRADERMARIANO a long term follower !!
Everytime I was looking into XDC I saw nothing but bearishness during the last 12 months, despite all the steps that this company took to grow its ecosystem !
XDC has broken out of a long term large bullish broadening wedge and has made a text book back test.
50 D moving average looks...
XDC Been moving rather sideways last couple of months, but now you will see it starting to form and finalize either the rounding bottom or end of the cup for the C&H.
This 2day chart shows the momentum is up on the Stochastic RSI and MACD. Today we saw large volumes come in to push the price up!
- XDC is a ISO20022 compliant crypto, it will do very well long term, however due to bitcoin being the leader I believe XDC will also fall and also a recession is coming aswell.
- If XDC goes to £0.0082 £1,000 gets you around 121,951 XDC coins.
- 1st Target 4.618 $0.81 (£0.67) 81 X RETURN
- 2nd Target 34 FIB LEVEL $5.65 (£4.66) 568 X RETURN
- 1,000 X 81 =...
As many altcoins, XDC has started to massively outperform Bitcoin !!
It has broken out of the bullish descending wedge and already accomplished a complex backtest !
Will be interesting to see how this further develops ....
Why I went in heavy on XDC:
1 Uphold recently announced they would add XDC to their platform
2 Stong marketing action behind the coin (national sports team)
3 It is an ISO 20022 coin
3 Technical analysis is showing strong set up
4 Very much undervalued coin (still small 800 million market cap)
5 Supported by the World Trade Organisation who are backing this...
