Radix has formed bottom

21 thg 5

With multiple points of support #Radix #XRDUSD seems ready to breakout higher.

21 thg 5

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When we're zooming in you can see higher lows, multiple lines of support and resistance

21 thg 5

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On the 1Hr and 4Hr timeframe you can see the price is breaking out of the (first) line of resistance, ready to move up higher

21 thg 5

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1Hr

21 thg 5

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Even took a look at Defilama where you can see the TVL has bottomed and the TVL is increasing: defillama.com/chain/Radix

Take also in mind the Radix foundation has made steps to list XRD to Binance. Interesting times for Radix if you ask me :-)

22 thg 5

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What's also possible, XRDUSD is in a upside channel see the blue dotted lines:

26 thg 5

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A falling wedge is forming (yellow dotted lines) on the 'Daily':

25 thg 6

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PPff.. what a bloodbath for all the ALTS, so also Radix! XRD highly oversold.. Hopefully it will quick recover

27 thg 6

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After the high's of march this year, XRDUSD is now forming a falling wedge which is a bullish pattern: