Frosty55

Frosty55 Updated 

After a long period of accumulation you can see Radix / Bitcoin | XRDBTC is forming a falling wedge

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With a low RSI it's probably a possibility that it will break out to the upside.. let's see

Frosty55 Updated 

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....

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Cup and handle formation for LUNC with a target of $0.000104 #LUNC #cupandhandle

Frosty55 Updated 

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...

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BTC had come down this and last days/weeks. Now it has support at the highs around 20-02-2023 at the price level of $25K. Even the RSI on the daily timeframe is likely(!) to form a positive divergence. And on top of that the pattern shows a falling wedge which is usually a bullish pattern.

Frosty55 Updated 

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...

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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...

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After a period of 299 days(!) it seems Radix (XRDBTC) is breaking the falling wedge. Let see if it can hold. I think it will come lower after a couple of days because it's overbought when you look at the RSI. Hopefully the resistance of the falling wedge will then be support for the next run. Also the volume is increasing so that's a good sign IMO. Also take look...

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As you can see Radix is in a nice uptrend. Below you can see there's a lot more buying (green candles) volume than sell volume (red candles). The RSI is slightly raising but there's room for more growth. Even XRDBTC is back in a large falling wedge which is a bullish pattern

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XRDBTC has found support on the lower band of the falling wedge and XRDUSD seems to break the line of resistance of a falling wedge. Let's see how this plays out..

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A tiny falling wedge within a bigger falling wedge. Even during the price drop last days XRDBTC performed well. Combined with the pattern of a falling wedge is a bullish sign IMO.

Frosty55

XRDUSD is in a falling wedge. Usually the biggest chance is it breaks out to the upside. Also the RSI is very low at this moment which means there is a big opportunity the price will go higher. But when the whole market is going down there is a chance also XRD goes down. So two scenarios. Let's see how this plays out

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My personal opinion at this moment is XRDBTC will follow the green line. XRDBTC is in a downtrend for months but XRDUSD is getting more momentum so it's possible it will bring XRDBTC to higher levels. At this moment XRDBTC is a bit high on the RSI so I think it will come lower before it uptrends higher to the line of resistance and break it. If the whole...

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.. this means there is a 63% chance it will continue the uptrend in the upcoming days. But when the whole crypto-market is negative it can also break out to the downside. Let's see how this plays out

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After a couple of tries the XRD graph shows some strength to possibly break-out the resistance pattern where it is for a long time. Also XRDBTC has tested serveral times the support line and would probably go higher.

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Radix is still in a downtrend for months, like many other crypto projects. Radix is a great project IMO but I think it will help if the Radix team bring more trading volume to the (e)XRD token. They can do that by listing the token on more popular exchanges like Binance, Coinbase, etc. I hope they will do that in short therm because the projects deserve it to have...

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Look at the chart where Radix/#XRD is probably(!) ready to break the falling wedge. It can also going back downwards before it goes higher. So do your own research!