Technical analysis by MyCryptoParadise_Simon about Symbol XCH: Buy recommendation (4/3/2024)

💎Paradisers, focus on #XCHUSDT! We’re expecting a price jump from the bottom of the ascending channel to the upper line. 💎What’s up with $ChiaNetwork? It’s moving within an ascending channel. Right now, it’s more likely to visit the support level the $34.09. The low volume and profit taking by users increases the probability of this scenario. We are confident that this support will hold and asset will rally towards the upper line of the channel. 💎What if #XCH price drops? If it falls below $34.09, we might see it go down to $28.81 before it starts to climb again. If it doesn’t start going up from there, the price could drop even more. 💎Paradisers, stay sharp. It’s important to watch the market closely and be ready to change our plans quickly as the price of #XCH changes.