It seems Radix has found a solid line of support. From the top you're seeing a downtrend which will come to an end soon. Do your own research, but I'm bullish for Radix. It's a great project
A reverse head and shoulders pattern on the 4 hr Chart. Fingers crossed for a breakout of the 20s rut we've been in for several days.
- 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...
Radix is doing a marketing campaign across london on the 13th of December and will be officially releasing scrypto on the 15th. If you don't know about scypto, I highly suggest looking it up.
RADIX IN SHORT TERM We broke above that bearish trend line, pull backed and it looks so bullish now on 15m and 4h
Weekly: -Completed 3-level step in the falling channel . -Double bottom; volume spike forming the second bottom. -Engulfing weekly. Daily: -Sound consolidation below the downsloping resistance, holding the engulfed weekly candle as a support. -No immediate rejection off the major channel resistance. At this rate, a voluminous break up above the major...
Radix. Strong fundamentals. Layer-1 infrastructure project. FA. Strength: 1/ L1-projects narrative. Radix stands out against "Layer 1 solution" landscape. Fundamental research over 8+ years. Great team. 2/ Tech fundamentals - Vitalik's trilemma solved (security, scalability and decentralisation) - composability (dApps are building blocks of DeFi, more complex...
MACD is ready for a launch soon with update to the mainnet 12 november. Alexandria - Scrypto language Based on Fibo levels, I see the price near at 0.25 in short term
We had a bullish breakout out of the triangle and now we are about to hit the top it. Usually this is followed by a strong bounce. Strong enough to make a sprint towards 0.20? $XRD
Radix is a new L1 project which claims to specialize in being able to support defi products and has a specialized consensus mechanism to accomplish this. Without getting into the weeds, it's supposed to be very fast and cheap to use. There are some interesting videos if you're interested in the more fundamental side of this project. I'm interested as the chart...