Technical analysis by Frosty55 about Symbol XRD: Buy recommendation (10/14/2024)
https://sahmeto.com/message/3709268
Frosty55
Rank: 15752
Analytical Power:
1.5
Radix in fallingwedge
Buy
Price at Publish Time:
$0.014905

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