Frosty55

Radix is in a huge triangle and cup-and-handle formation Despite 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 is down at the support line After 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.

BTCUSD Falling wedge BTC had come down this and last days/weeks. Now it has support at the highs around 20-02-2023 at the price level of $25K. Even the RSI on the daily timeframe is likely(!) to form a positive divergence. And on top of that the pattern shows a falling wedge which is usually a bullish pattern.

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

XRDUSD falling wedge After a huge price increase XRDUSD is now forming a falling wedge. It was wildly overbought. It must calm down what happend because the whole crypto market had a cool down period. As said the pattern is a falling wedge which is a bullish sign. Much will depend how the whole crypto market reacts of it will breakout to the upside or downside...