XRD may move to test the 0.236 fib retrace soon which would take the price to $0.18 in the next few months, I cover this on my show
Please note we have the risk of moving to test $0.04 as support before that breakout
Radix could dip down to the $0.03 price range before regaining strength and moving on to challenge the 0.236 fib rentracement zone
We are severely oversold according to the daily RSI
A & B both show both have us moving up to challenge the $0.20 price range with B being the more bullish scenario
I will cover this on my show
As you can see the XRD chart has formed a 'falling wedge'. Most of the time (86%) this pattern will result in a break-out higher. Radix is a interesting project IMO. But do your own research before getting in.
RADIX (XRD) is DeFi only chain just like Fantom. The project has huge backers, the big dogs and it has a strong community behind. I am not shilling the project, however, this project might have the potential to pull a Fantom like price action by 2023 if you can be patient enough and buy in increments. This is not a buy today get rich tomorrow project; it is rather...
A nice and strong break out from the bearish channel will get my attention!
2022 and 2023 looks so bullish for radix and the whole radix ecosystem. Also, there's a memecoin on radix, look strong, dogecube (make sure you get on tg)
- falling wedge retested ✅
- bullish divergence extended ✅
- small resistance at 0.30$, once turned into support test and probable breakout from dashed trendline is probable 🤙
Falling channel is also possible new pattern here.
Radix is the first layer-one protocol specifically built to serve DeFi.
65% discount from the ATH seems reasonable signal to act. Retrace to Anchored VWAP (from trading start) and falling wedge are another green flags for this decision.
Project is well known to most of crypto community and some of most popular crypto influencers adores it (CryptoBirb and...