RadixFrom the 20th of November, Radix has made a nice and strong move upwards. Now it's facing resistance. But look at this huge falling wedge(-ish). If it will break this resistance I expect it will face another resistance (2nd yellow circle).
For now I'm expecting a pull back. Also on the RSI it's in overbought area. So take a healthy pullback before it's going higher. Take this opportunity to buy in before going higher.
Radix is a great project! DYOR
XRDUSD trade ideas
RADIX possible (+200%) moveRadix is breaking a huge descending wedge pattern with a initially target of $0,08 to $0,10 a possible +200% move. With several bulish divergences, money flow increasing and the momentum shifting to bullish in the monthly timeframe could take XRD to even higher prices. Weekly candle close above $0,03 would be validating this idea.
RADIX SURGES: VOLUME UP BY +700%!Radix is a layer-1 DLT protocol designed to overcome barriers in DeFi, offering infinite linear scalability. With a full-stack approach, re-engineered consensus, a distributed virtual machine, and the Scrypto language, it facilitates the creation of secure and efficient dApps, reducing the risk of hacks. Developers can also earn royalties from their code and blueprints.
Type: Long (Buy)
Pair: XRDUSDT
๐ต Entry Price:0.0222
๐ข Target Price: 0.10
๐ด Stop Loss: 0.0109
Risk-Reward:
Expected Profit: +350.50% ๐ข
Potential Loss: -50.90% ๐ด
Radix bottomingThere is a hugh triangle forming for XRDUSD. There is also a big line of support. Even on the XRDBTC-pair. XRDBTC is forming a big falling wedge, which is a bullish pattern. Low on the RSI as well..
This all, together with the request from the Radix community for listing the (e)XRD-token on Binance this can be a big opportunity for Radix to go significantly higher. Radix is still great technology and has a relative small market cap..
Radix higher lowsAs you can see on the chart Radix is slowly but steady making higher lows. Also en declining line of resistance.. The XRDBTC shows a multi-year descending triangle (check my idea at XRDBTC).
The project has also launched a couple of bullish actions based on the #breakout2024 "project" as you can read here www.radixdlt.com
Nice and bullish actions if you ask me.
XRD RADIXI'm bullish on XRD. After the recent lows, it should explode in a few days or weeks if BTC continues to perform well.
Bullish divergence on the RSI in the weekly chart.
I took a position between 0.038$ 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 the project continues to evolve in the good direction.
Radix (XRD)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 is in a huge triangle and cup-and-handle formationDespite the Radix team has decided to postpone the Babylon upgrade to the end of September 2023. But when you look at XRDUSDT you could see the price is in a huge triangle. Together with a cup-and-handle formation. Two bullish patterns. The end of the "handle" is also at the end of September...
Everytime the alts are performing Radix is in the top 5 or top 10. For some reason you could only see this on Coingecko because CoinMarketCap has another way to count the marketcap of XRD. Perhaps they count EXRD and XRD as two different projects?
Nevermind, Radix is a great project with a great potential. Let's see how this price action will continue
Radix waking up!? (Ultimate)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 them.
First resistance $0.0556-0.058, after that $0.74, $0.11, and $0.14.
I am waiting for higher prices. Smart Contracts went "online" 2 months ago and TVL is just about to hit 20 Million!
TON demonstrated staggering speed on 104k TPS , which is claimed to be the fastest blockchain in the world.
This has woken up the Radix community and founder Dan Hughes to break the 104k record and previously demonstrated over 1 mil TPS on Radix
I wrote a small post on X week ago, about Radix's progress after Babylon Update . I suggest you check it out, but be careful if you deep dive on XRD! You might experience #RadixRevelation!
This is the only Crypto project which I did accumulate on the bear market. I Have had a close eye on it.
This is not a financial advice!
XRD & GFAL ๐Don't Sleep on these ALTS!Hi Traders, Investors and Speculators of Charts๐๐
In today's analysis, I present to you 2 gems altcoins with great setups and great upside potential - XRD and GFAL .
Let's take a look at ideal buy zones and future upside potential in this quick video analysis.
Don't forget to check out this update on LINK:
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CRYPTO:GFALUSD MEXC:GFALUSDT BITFINEX:XRDUSD KUCOIN:XRDUSDT
XRDUSD Major bullish break-out.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 MA200 (orange trend-line) as a Resistance for the first time in a month but the key level to break will be the 1D MA100 (green trend-line), which had a clear technical rejection on Kuly 14 that made the Lower Low.
At the same time, the 1D RSI also broke above its Lower Highs trend-line, giving an additional buy signal, so if the candle breaks above the 1D MA100, we will buy the final confirmation and target 0.08600 (just below the 0.5 Fibonacci level).
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XRD Radix back to 3 centsHow much i want to see this thing going up, it looks like it wants to test the liquidity below 3 cents at it's lowest point it has ever traded.
Tested the bearish orderblock from previous consolidation. Now working its way back the the lows. Will look out for a huge capitulation wick before i buy.
Radix is down at the support lineAfter 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 crypto-market will develop.
Radix cup and handle formation(?)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 the outbreak to see what's the target. When I'm doing this calculation, XRDUSD token-price has a target of approximately $0.23.
We'll see what the future will bring us. I'm still saying that much will depend how the whole crypto-market, especially BTC, will develop in the (near) future. That will be the leading indicator for the altcoins, like Radix, as well. Purely looking at the Radix project; I'm very bullish for the long term