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Wirex

WXT - Potential for a Big Move WXT also known as WireX token is nearing completion of Correction wave C and may move a little more downside before a big bullish move. WireX as a company has a huge potential of becoming one of the top crypto exchanges and considering total coin supply of 10B, this coin can easily go into cents. For spot buyers, best approach is to accumulate on various entry zones and not to buy all at once as it can be very volatile. This is a long term approach so only dive in if you have patience. For margin or leveraged entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
CRYPTO:WXTUSDLong
by MarketsPOV
Wirex Grows By 873% Since Dec '21 (Additional 497% Possible)Wirex has been growing massively vs Bitcoin and it has been doing so since last year... What a nice chart. From mid-December 2021 to mid-June 2022, 6 months, WXTBTC has grown by 870%, as mentioned on the title. A very strong uptrend is taking place. The candlestick patterns are still pointing up. Volume is yet to come in... Which supports the potential of additional growth. Note: This is not the type of chart we trade. We trade the ones that are low priced, trading near support. I'll see you tomorrow. Namaste.
WLong
by AlanSantana
3
Wirex (WXT) is in uptrendHello Friends, Currently, most of the cryptocurrencies are in a downtrend but WXT is in uptrend. It also looks like Wirex is forming an inverse head and shoulder pattern. We can get some decent profit if WXT continuous uptrend. Don't forget to manage your risk as the crypto market is highly volatile in nature. Wirex (WXT) is a unique multi-blockchain cryptocurrency that powers the X-tras rewards program. Wirex customers can earn up to 4% back in WXT every time they use their Wirex cards in-store or online, or up to 12% annually on the balance of their WXT accounts with the Savings Bonus feature. Do share your opinion in the comment section.
WLong
by NaveenDsouza
WXTUSDT A good choice among the bloodbathWirex (WXTUSDT) has been rising non-stop since March 15, even more so this week, ignoring the general bloodbath in the crypto market. During this rally it broke not just above the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) but also above the Lower Highs trend-line that started on the April 19 2021 High as well as the 0.382 and 0.5 Fibonacci retracement levels. All the above are evidence of a strong technical rally, especially since the 1W RSI (pane below the chart) is at its highest level since the April 2021 High. Naturally, the token sets eyes on the remaining Fibonacci extensions (0.618 around 0.0155 and 0.786 around 0.0240) as its next targets, before a complete fill on the 0.042150 High. See how well those Fibonacci extensions formed Lower Highs during the Bear Phase. They can equally shape Higher Highs during this rally. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
WLong
by TradingShot
5