XEN Crypto, like many crypto project, been in a downtrend move since the birth. However, XEN's price behavior have changed in the past 2 months and significant growth occurred. After the upward impulse wave finished, price entered a corrective wave which unfolded in a downtrend channel; Now, it seems price may breaks this channel. Let's see what happens.
Note;...
Controversial Take I know.
But not really surprising.
We are used to seeing our phones getting better every year.
Hex was designed by Richard Heart well over 5 years ago -- and was amongst the first generation of Yield and self storage #DEFI protocols.
XEN was a fair launch idea... mint your own supply.
A slight improvement on HEX... but disastrous in...
Xen crypto is certainly a different project. Xen launched a little over 6 months ago in the middle of a bear market on nearly every block chain a token can be created on. At first its pupose was relatively unknown but it soon became apparent that xen was to be a freely distributed gas token for a new and extremely powerful layer one block chain of its own.
To...
based upon the charts I see 4 levels of confluence that suggest a move to the upside, incoming measured moves as follows 0.00000956
followed by 0.00001256...stay tuned and happy trading
Based upon what the charts are suggesting looks like Xen is coming down. A huge diamond pattern on the 1h timeframe plus over 3 additional Layers of confluence supporting the following measured moves, the first projection 0.00000219, 0.0000019, then 0.00000175..Stay tuned..
