Radix has kicked off 2023 with an impressive performance, as evidenced by XRD’s recent surge that conspicuously stood out atop the cryptocurrency charts. This surge can be attributed to the rollout of Babylon RCnet, which is Radix’s latest milestone release, incorporating novel features and capabilities for both developers and users. The price of Radix is $0.059...
As you can see here, Radix - Bitcoin (XRDBTC) is in a huge falling wedge. A falling wedge is a bullish pattern. After years of waiting it will now probably/maybe(!) breakout. Radix delivers great tech and is therefore a very interesting L1 solution for DEFI. Check the RSI, which is now in the 80-20 zone. When you look at the yellow dotted lines you can see the...
Radix has broke the first resistance of the "tiny falling wedge". Now it's trying to brake the "big falling wedge". The yellow line is the target
With multiple points of support #Radix #XRDUSD seems ready to breakout higher.
There is a hugh triangle forming for XRDUSD. There is also a big line of support. Even on the XRDBTC-pair. XRDBTC is forming a big falling wedge, which is a bullish pattern. Low on the RSI as well.. This all, together with the request from the Radix community for listing the (e)XRD-token on Binance this can be a big opportunity for Radix to go significantly...
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.
Humans struggle to comprehend exponential curves, but the history of crypto has shown that the log chart it is the only rational TA method for mature projects. If Radix were to match the market cap of Solana CRYPTOCAP:SOL , its price would be ~$7.50. Radix's superior tech, narrative, and ecosystem could 10x that, and at the apex of the bull market 5-10x that...
I'm bullish on XRD. After the recent lows, it should explode in a few days or weeks if BTC continues to perform well. Bullish divergence on the RSI in the weekly chart. I took a position between 0.038$ 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!
After a long period of accumulation you can see Radix / Bitcoin | XRDBTC is forming a falling wedge
XRD Looks bullish for short term as it had Market structure shift on Daily TF and Tapped on Daily FVG as well. On H4 It looks like AMD Model Where we have accumulation first (Blue) then Manipulation (Red) and Now i am expecting Distribution to the Upside for Buy side Liquidity. Targets are marked with red lines. Let's see how it plays out. if you like my idea hit...
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...
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...
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...
Radix is ready, don't miss it. Market will shock noobs