As you can see on the chart Radix is slowly but steady making higher lows. Also en declining line of resistance.. The XRDBTC shows a multi-year descending triangle (check my idea at XRDBTC).
The project has also launched a couple of bullish actions based on the #breakout2024 "project" as you can read here www.radixdlt.com
Nice and bullish actions if you ask me.
I'm bullish on XRD. After the recent lows, it should explode in a few days or weeks if BTC continues to perform well.
Bullish divergence on the RSI in the weekly chart.
I took a position between 0.038$ and 0.039$, i think bottom is here or near.
I also like the fact that XRD is completely under the radar right now, no one is talking about it anymore even though...
Radix is a layer 1 smart contract platform built to create a Web3 based on Scrypto programming language. Anyway, it seems XRD is about to repeat the previous pattern; a descending curved triangle pattern break upward. If successful, XRD can start a new upward wave. Let's see what happens.
Radix has created a nice fundament. As you can see there is a line of resistance drawn. Once above that line Radix has free space. Even when you look at XRDBTC you can see a multi-year descending triangle. These two together make me bullish for Radix
Radix is forming a huge descending triangle, which is a bullish pattern. Also the RSI is likely forming a positive divergence on the daily timeframe. Let's wake up the sleeping giant!
Despite the Radix team has decided to postpone the Babylon upgrade to the end of September 2023. But when you look at XRDUSDT you could see the price is in a huge triangle. Together with a cup-and-handle formation. Two bullish patterns. The end of the "handle" is also at the end of September...
Everytime the alts are performing Radix is in the top 5 or top 10....
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...
Hi Traders, Investors and Speculators of Charts📈📉
In today's analysis, I present to you 2 gems altcoins with great setups and great upside potential - XRD and GFAL .
Let's take a look at ideal buy zones and future upside potential in this quick video analysis.
Don't forget to check out this update on LINK:
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This seems to be a good point to pay attention, close to a move or sideways invalidation.
If it handles well 0.06, there might be another wave to catch. Given the amplitude of the last one, it doesn't help, but it's worth to keep an eye.
We last looked into Radix (XRDUSD) back in April, giving an accurate sell signal (see chart below) upon the 0.1200 Resistance rejection, hitting both of our 0.0700 and 0.0550 targets:
The price made today the first major bullish break-out since April, breaking above the Lower Highs trend-line, as well as the 1D MA50 (blue trend-line). It is testing now the 1D...
How much i want to see this thing going up, it looks like it wants to test the liquidity below 3 cents at it's lowest point it has ever traded.
Tested the bearish orderblock from previous consolidation. Now working its way back the the lows. Will look out for a huge capitulation wick before i buy.
After a major swing upside, Radix is coming down to the support level. On the daily it's likely(!) you will see positive divergence on the RSI in the upcoming hours/days.
Even the cup-and-handle formation is still in charge to be formed although it will be take longer then I primarily thought it would take to create. A lot depends on how the whole economy and...
In my opinion it seems Radix has started forming a cup-and-handle formation. It's very early to predict the pattern so let's (wait and) see what the price will do the upcoming weeks. When the pattern is confirmed it's definitely a bullish sign. Then you can draw a line from the bottom of to the upper part of the "cup". Take that distance and put it at the point of...
XRD approaching a strong diagonal resistance, I reckon there could be a good chance of a breakout on the upside if BTC behaves. Price just crossed the 50 EMA and was resting for a few days in a very important liquidity zone
After a huge price increase XRDUSD is now forming a falling wedge. It was wildly overbought. It must calm down what happend because the whole crypto market had a cool down period. As said the pattern is a falling wedge which is a bullish sign. Much will depend how the whole crypto market reacts of it will breakout to the upside or downside...
A Double Top pattern idea showing the downfall of price following the bearish double top
This has been seen in one of the past peaks for XRD
A larger broadening structure can also be sketched
