XYO Price Prediction: Will It Thrust Higher And Reach Zeniths?
XYO price prediction shows that the crypto could attain a high of
The XYO crypto is down nearly 8.73% in Intraday and currently trades at $0.010.
The XYO price failed to capitalize the gains obtained in the last sessions and has eroded nearly 40% of the previous day’s gains in Intraday today. At press time the crypto was hovering close to 0.010 USD, reporting a negative intraday development of nearly 8.73%.
Yesterday, The XYO price witnessed a breakout of a three week consolidation. However, the bulls could not continue to extend the gains in intraday today and the price suffered.
However, the recent breakout has signaled the termination of a short term correction phase and initiation of another bullish rally. The 50 day EMA acted as a dynamic support and prevented the price from falling further.
The long term trend outlook is already bullish. The recent breakout has also validated the termination of a short term correction phase. Now, any sustained move above the $0.011 level which is the higher boundary of the consolidation may indicate a trend continuation. The short term traders and investors may target $0.128 and $0.0149 as the next possible targets.
XYO Crypto Active Addresses Analysis
<iframe title="Santiment Chart: Price (XYO), Active Addresses 7d (XYO), Active Addresses 24h (XYO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=xyo&pt=XYO&df=2023-12-01T00%3A00%3A00.000Z&dt=2024-03-22T18%3A29%3A59.514Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=price_usd%3Bactive_addresses_7d%3Bactive_addresses_24h&wax=0&wc=%2326C953%3B%23FFCB47%3B%23FF5B5B&ws=%7B%22node%22%3A%22area%22%7D%3B%3B" scrolling="no"></iframe>
The number of active addresses reveals the total number of addresses through which transactions have been performed in a given period of time. The total number of 24 hour active addresses were 117 in February which jumped to 615 in the 1st week of March 2024.
Also, the 7 day active addresses count was 773 which peaked to a high of 2804 in the 1st week of March 2024. However, a sharp drop in the number of active addresses was observed in the last weeks of March. As a result the price also dropped in March. Currently the XYO price seems to be rising after a consolidation. In response, the number of active addresses have also noted a positive curve since the last week.
Whale Holdings Surged Despite Fall In XYO Price
<iframe title="Santiment Chart: Supply held by top addresses (as % of total supply) (XYO), Price (XYO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=xyo&pt=XYO&df=2023-12-01T00%3A00%3A00.000Z&dt=2024-03-22T18%3A29%3A59.514Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=topHoldersPercentOfTotalSupply%3Bprice_usd&wax=1&wc=%23FF5B5B%3B%2326C953&ws=%3B" scrolling="no"></iframe>
The above data represents the percentage of supply held by the top addresses along with the increasing or decreasing holding of the whales. As per the chart, the whales held nearly 21.45% of the total supply by February.
Also, a positive development in the holdings of the top addresses was noted since the last week of February 2024. The top addresses of whale holdings have surged continuously from 21.45% to 25.40% in the last two months.
XYO Crypto Sentiment Insights.
<iframe title="Santiment Chart: Negative sentiment (Total) (XYO), Positive sentiment (Total) (XYO), Weighted sentiment (Total) (XYO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=xyo&pt=XYO&df=2023-12-01T00%3A00%3A00.000Z&dt=2024-03-22T18%3A29%3A59.514Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=sentiment_negative_total%3Bsentiment_positive_total%3Bsentiment_volume_consumed_total&wax=0%3B1%3B2&wc=%23FF5B5B%3B%23FFCB47%3B%235275FF&ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
The overall weighted sentiments turned positive in February and maintained a positive note by the 1st week of March 2024. The negative sentiments surged in March as the price dropped. The overall sentiments turned negative in the later weeks of March.
The last two weeks saw a recovery in the sentiments as the weighted sentiment curve jumped towards the zero line. Currently the weighted sentiment is showing a neutral bias. any directional change in the XYO price may indicate a clear sentiment.
XYO Price Prediction April 2024
The XYO price prediction for April 2024 shows that the crypto may advance to a high of $0.0128 if buyers are able to surpass the higher boundary of consolidation $0.011 on the higher side. Whereas, the less optimistic analysts estimate a price target of $0.0072 on the lower side after the breakdown below $0.009.
Conclusion.
The XYO crypto witnessed a breakout on Monday after a three week consolidation. The 50 day EMA acted as dynamic support and halted the further decline and acted as a buyers entry point. However, the bulls failed to extend the gains in intraday and the price dropped.
The recent breakout has shown early signs of a trend continuation. The overall trend outlook is positive which may drive the price towards the higher levels. The short term traders and investors may target $0.0128 and $0.0149 as the next possible targets on a sustained move on the higher side.
Technical levels:
Support levels: $0.009 and $0.007
Resistance levels: $0.0114 and $0.0128
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
The XYO crypto is down nearly 8.73% in Intraday and currently trades at $0.010.
The XYO price failed to capitalize the gains obtained in the last sessions and has eroded nearly 40% of the previous day’s gains in Intraday today. At press time the crypto was hovering close to 0.010 USD, reporting a negative intraday development of nearly 8.73%.
Yesterday, The XYO price witnessed a breakout of a three week consolidation. However, the bulls could not continue to extend the gains in intraday today and the price suffered.
However, the recent breakout has signaled the termination of a short term correction phase and initiation of another bullish rally. The 50 day EMA acted as a dynamic support and prevented the price from falling further.
The long term trend outlook is already bullish. The recent breakout has also validated the termination of a short term correction phase. Now, any sustained move above the $0.011 level which is the higher boundary of the consolidation may indicate a trend continuation. The short term traders and investors may target $0.128 and $0.0149 as the next possible targets.
XYO Crypto Active Addresses Analysis
<iframe title="Santiment Chart: Price (XYO), Active Addresses 7d (XYO), Active Addresses 24h (XYO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=xyo&pt=XYO&df=2023-12-01T00%3A00%3A00.000Z&dt=2024-03-22T18%3A29%3A59.514Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=price_usd%3Bactive_addresses_7d%3Bactive_addresses_24h&wax=0&wc=%2326C953%3B%23FFCB47%3B%23FF5B5B&ws=%7B%22node%22%3A%22area%22%7D%3B%3B" scrolling="no"></iframe>
The number of active addresses reveals the total number of addresses through which transactions have been performed in a given period of time. The total number of 24 hour active addresses were 117 in February which jumped to 615 in the 1st week of March 2024.
Also, the 7 day active addresses count was 773 which peaked to a high of 2804 in the 1st week of March 2024. However, a sharp drop in the number of active addresses was observed in the last weeks of March. As a result the price also dropped in March. Currently the XYO price seems to be rising after a consolidation. In response, the number of active addresses have also noted a positive curve since the last week.
Whale Holdings Surged Despite Fall In XYO Price
<iframe title="Santiment Chart: Supply held by top addresses (as % of total supply) (XYO), Price (XYO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=xyo&pt=XYO&df=2023-12-01T00%3A00%3A00.000Z&dt=2024-03-22T18%3A29%3A59.514Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=topHoldersPercentOfTotalSupply%3Bprice_usd&wax=1&wc=%23FF5B5B%3B%2326C953&ws=%3B" scrolling="no"></iframe>
The above data represents the percentage of supply held by the top addresses along with the increasing or decreasing holding of the whales. As per the chart, the whales held nearly 21.45% of the total supply by February.
Also, a positive development in the holdings of the top addresses was noted since the last week of February 2024. The top addresses of whale holdings have surged continuously from 21.45% to 25.40% in the last two months.
XYO Crypto Sentiment Insights.
<iframe title="Santiment Chart: Negative sentiment (Total) (XYO), Positive sentiment (Total) (XYO), Weighted sentiment (Total) (XYO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=xyo&pt=XYO&df=2023-12-01T00%3A00%3A00.000Z&dt=2024-03-22T18%3A29%3A59.514Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=sentiment_negative_total%3Bsentiment_positive_total%3Bsentiment_volume_consumed_total&wax=0%3B1%3B2&wc=%23FF5B5B%3B%23FFCB47%3B%235275FF&ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
The overall weighted sentiments turned positive in February and maintained a positive note by the 1st week of March 2024. The negative sentiments surged in March as the price dropped. The overall sentiments turned negative in the later weeks of March.
The last two weeks saw a recovery in the sentiments as the weighted sentiment curve jumped towards the zero line. Currently the weighted sentiment is showing a neutral bias. any directional change in the XYO price may indicate a clear sentiment.
XYO Price Prediction April 2024
The XYO price prediction for April 2024 shows that the crypto may advance to a high of $0.0128 if buyers are able to surpass the higher boundary of consolidation $0.011 on the higher side. Whereas, the less optimistic analysts estimate a price target of $0.0072 on the lower side after the breakdown below $0.009.
Conclusion.
The XYO crypto witnessed a breakout on Monday after a three week consolidation. The 50 day EMA acted as dynamic support and halted the further decline and acted as a buyers entry point. However, the bulls failed to extend the gains in intraday and the price dropped.
The recent breakout has shown early signs of a trend continuation. The overall trend outlook is positive which may drive the price towards the higher levels. The short term traders and investors may target $0.0128 and $0.0149 as the next possible targets on a sustained move on the higher side.
Technical levels:
Support levels: $0.009 and $0.007
Resistance levels: $0.0114 and $0.0128
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.