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Radix has formed bottom
XRD
Radix has formed bottom
By Frosty55
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Updated
Jun 27
0
May 21
With multiple points of support #Radix #XRDUSD seems ready to breakout higher.
May 21
Note
When we're zooming in you can see higher lows, multiple lines of support and resistance
May 21
Note
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
May 21
Note
1Hr
May 21
Note
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 :-)
May 22
Note
What's also possible, XRDUSD is in a upside channel see the blue dotted lines:
May 26
Note
A falling wedge is forming (yellow dotted lines) on the 'Daily':
Jun 25
Note
PPff.. what a bloodbath for all the ALTS, so also Radix! XRD highly oversold.. Hopefully it will quick recover
Jun 27
Note
After the high's of march this year, XRDUSD is now forming a falling wedge which is a bullish pattern:
Chart Patterns
radix
xrd
XRDUSD
Frosty55
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