XDC - it is now time to get back in !!This investing idea is especially for TRADERMARIANO a long term follower !!
Everytime I was looking into XDC I saw nothing but bearishness during the last 12 months, despite all the steps that this company took to grow its ecosystem !
XDC has broken out of a long term large bullish broadening wedge and has made a text book back test.
50 D moving average looks like it wants to cross the 200 D ....
RSI looks very promising with a recent cross of MA and the lower time frame MA turning up again.
Volume by price is indicating that, once price crosses the 0.031 level things will start to get interesting.
I am very confident about taking a healthy position right now.
Do your own diligence. I am only telling you what I am doing with my own money ! All the best to you out there ... and special thanks to TRADERMARIANO !!!
XDCBTC
$XDC that was the lowXDC Been moving rather sideways last couple of months, but now you will see it starting to form and finalize either the rounding bottom or end of the cup for the C&H.
This 2day chart shows the momentum is up on the Stochastic RSI and MACD. Today we saw large volumes come in to push the price up!
XDC BACK TO $0.01 (£0.0082)- XDC is a ISO20022 compliant crypto, it will do very well long term, however due to bitcoin being the leader I believe XDC will also fall and also a recession is coming aswell.
- If XDC goes to £0.0082 £1,000 gets you around 121,951 XDC coins.
- 1st Target 4.618 $0.81 (£0.67) 81 X RETURN
- 2nd Target 34 FIB LEVEL $5.65 (£4.66) 568 X RETURN
- 1,000 X 81 = £81,000
- 1,000 X 568 = £568,000
- NOT FINANCIAL ADVICE!
Top pick 1/3 - XDCWhy I went in heavy on XDC:
1 Uphold recently announced they would add XDC to their platform
2 Stong marketing action behind the coin (national sports team)
3 It is an ISO 20022 coin
3 Technical analysis is showing strong set up
4 Very much undervalued coin (still small 800 million market cap)
5 Supported by the World Trade Organisation who are backing this technology
For all theese reasons I took a BIG position in XDC (13% of my portfolio - position number 4)
I even sacrificed other top projects, since the opportunity seemed very compelling.
On a technical side XDC has convincingly broken out against Bitcoin, out of a bullish wedge, after a 70% correction from ATH.
MACD has just crossed on the weekly time frame.
Volume is picking up.
All this indicators are bullish XDC
Most importantly if XDC is bullish, that is bullish for BTC and the overall cryto market.
In fact I do not buy all the bearishness in the market.
I will publish 2 further Top picks and show how I believe the Bitcoin domninance is giving us a hint on the overall digital asset market.