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Technical analysis by Frosty55 about Symbol XRD: Buy recommendation (10/14/2024)

https://sahmeto.com/message/3709268
Frosty55
Frosty55
Rank: 15752
1.5

Radix in fallingwedge

Buy
Price at Publish Time:
$0.014905
Buy،Technical،Frosty55

After a long period of oversold the RSI is giving some signs of a reversal. Together with the pattern on the chart there are probably higher pricelevels to achieve.On the 1HR Radix is moving around the lines I draw trying to find supportWhat I said earlier. Radix is trying to go (much) higher. First signs are here. High(er) volume and a try for higher prices:On the 1HR I see a falling wedge pattern which is likely going to break out to the upside:Nice breakout with high volume (as expected) Now lower because of the whole crypto market. Hopefully this level will hold support so we can go higher

Source Message: TradingView
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