$EXRD / $XRD HopiumHumans 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 again.
Therefore, we are giving a price target of ~$200 before the end of the year, with Bitcoin at $400k by the same analysis.
EXRDUSDC_684B00 trade ideas
eXRD/USDT Buy (D1-W1)Radix. Strong fundamentals. Layer-1 infrastructure project.
FA.
Strength:
1/ L1-projects narrative.
Radix stands out against "Layer 1 solution" landscape. Fundamental research over 8+ years. Great team.
2/ Tech fundamentals
- Vitalik's trilemma solved (security, scalability and decentralisation)
- composability (dApps are building blocks of DeFi, more complex features/apps can emerge on top of only seamlessly interconnected dApps sets. Analogue from PC era: Semiconductor = dApp, Integrated Circuit = dApps "Lego set"
- easy-to-use tools compared to competitors (easy native language & blueprints to build dApps. But DYOR, I'm not a dev)
3/ Future significant releases/roadmap milestones (major Radix features are yet to come to light)
4/ Strong and dedicated community
5/ In terms of benchmarks/evaluation ratios, XRD has a decent room to grow to meet L-1 project's evaluation (mcap)
Weakness:
1/ low liquidity/still not on major CEXs (Coinbase, Binance...)
2/ no "triple A" funds on board (but the other side - opportunity to get some XRD at a great Risk/Reward level)
TA + PA.
1/ TA doesn't look great tbh, but take a look at 15 Sept event (full unlock). There was a dump from only 1 whale (probably it was a mistake) of 15 mln eXRD on UniSwap which was completely bought out within 2-3 min.
2/ Since 15 Sept we haven't witnessed any significant sells after full unlock. Only slow bleeding on declining volumes. Community dedication confirmed.
3/ 1st and the last resistance - 0.17. Then - price discovery.
Entry: 1st - 0.095-0.11, 2nd - 0.085-0.095
Stop: HODL or below 0.08 with confirmation on W1
Target: 1st - $1 (x10)
Disclaimer:
Strongly advise to DYOR Radix project and tech details! There's a lot of educational stuff on their website regarding DLT technology and L1 solutions.
And yes, I hold a bag of XRD.
You haven't heard of this one but now is your chanceRadix will be huge in a year or two - it has been in development for many years and has one of the most impressive techs I have ever seen. Now the price is literally at ATL. An opportunity like this can never come ever again. It is availbale only on Uniswap now.