Radix (XRD) price increaseAfter 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 at XRDUSD(T) to see a nice price development
Radix
Nice uptrend channel for RadixAs 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
XRDUSD - Falling wedgeXRDUSD 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
XRDBTCMy 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 crypto-market goes downwards, XRD(BTC) also does and it will probably retest the support line.
That's for the short term. For the long-term I'm very bullish on Radix. It's a great project IMO which has a lot of potential.
Radix still in downtrendRadix 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 great adoption
XRD Radix idea 29 June 2022Radix could dip down to the $0.03 price range before regaining strength and moving on to challenge the 0.236 fib rentracement zone
We are severely oversold according to the daily RSI
A & B both show both have us moving up to challenge the $0.20 price range with B being the more bullish scenario
I will cover this on my show
Can RADIX Pull A Fantom?RADIX (XRD) is DeFi only chain just like Fantom. The project has huge backers, the big dogs and it has a strong community behind. I am not shilling the project, however, this project might have the potential to pull a Fantom like price action by 2023 if you can be patient enough and buy in increments. This is not a buy today get rich tomorrow project; it is rather a mid to long term hold project with a strong community and backers.
Best regards,
Radix (Are you in?)The price is going down within a descending channel for a while.
The bottom is very close.
How much can radix still go down?
The lowest price was 0.08.
The current price is 0.13.
There is still a risk of losing about 40% of the value. That’s not small.
What about enter now?
What is the reward for this risk?
To be very conservative 0.30, a gain of 300%.
Does this bet make sense?
The fundamentals of the project are still there.
The volumes are there too.
... but .... Bitcoin can still wet the pajamas and drop everything Q.Q
Even if the price reaches the minimum, do you think that the price will not recover anymore or that it can again soar?
Are you willing to spend, perhaps, a few months with a 40% loss-making asset?
Can you bear anxiety and fear?
Are you willing to pay the cost of this bet and its reward?
The point here is not how much I can lose, the real question is will there be, in my opinion, a day when the asset will perform again? If the answer is "yes" you should look at the chart because the price is pretty much on the bottom.
EXRD Radix - VC selling doesn't stop. $0.15 target.EXRD - ruined by it tokenomics and non-stop VC selling, this project is heading to $0.15. What would have been otherwise a good project is totally scamming its investors through its scam-like token economics.
EXRD - double digit green as soon as crypto bounced a little- falling wedge retested ✅
- bullish divergence extended ✅
- small resistance at 0.30$, once turned into support test and probable breakout from dashed trendline is probable 🤙
Falling channel is also possible new pattern here.
EXRD - good buy for short and long termRadix is the first layer-one protocol specifically built to serve DeFi.
65% discount from the ATH seems reasonable signal to act. Retrace to Anchored VWAP (from trading start) and falling wedge are another green flags for this decision.
Project is well known to most of crypto community and some of most popular crypto influencers adores it (CryptoBirb and DataDash for example).
I missed it when it was in accumulation, but I won't miss it this time. I bought it at around 0.25$ and if it dipped even more I'm planning to add more at 0.18-0.20$ and at around 0.15$ if it reach it (this would be strong and big buy for me).
Community on all social platforms is very active which gives me even more confidence in Radix.
Recently EXRD was added to Coinbase Custody (Coinbase Custody offers clients access to the secure, institutional-grade offline storage solution that has been used by Coinbase’s exchange business since 2012) which is good sign too.
Resistance: 0.38$ (red box) + Anchored VWAP line (from ATH) which are getting closer and closer. Once it is turned into support, recent ATH will be reached fast.
Take profit targets: 20-25% of position at previous ATH level and rest of position depending on further price action.