Technical analysis by Frosty55 about Symbol XRD: Buy recommendation (12/3/2024)

From 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! DYORAs expected XRDUSD is facing a lot of resistance around the $0.037 when you look at the falling wedge and also the horizontals. Good news on the daily of the lowering of the RSI which was/is overbought