Sulianto Indria Putra: $XPL .
Summary: $XPL is starting to show revival potential after moving sideways for several months back "sleeping". The current price is around $0.10 and is still trading above the EMA (21).
Momentum: The Stochastic is starting to cross down from the high area, so short-term momentum is cooling down. There is potential for the oscillator to drop back toward oversold before the next bullish momentum forms.
Pattern: A breakout from a major descending trendline is a positive signal, but the chart still has the potential to retest the breakout area first. As long as the retest does not break down from the main support, the breakout structure remains valid.
Price: The potential retest is around $0.08-$0.085 before continuation. If that area successfully turns into support, there is a potential for $XPL to strengthen again from the current range.
$XPL #Plasma #BTC🔥🔥🔥🔥🔥
Summary: $XPL is starting to show revival potential after moving sideways for several months back "sleeping". The current price is around $0.10 and is still trading above the EMA (21).
Momentum: The Stochastic is starting to cross down from the high area, so short-term momentum is cooling down. There is potential for the oscillator to drop back toward oversold before the next bullish momentum forms.
Pattern: A breakout from a major descending trendline is a positive signal, but the chart still has the potential to retest the breakout area first. As long as the retest does not break down from the main support, the breakout structure remains valid.
Price: The potential retest is around $0.08-$0.085 before continuation. If that area successfully turns into support, there is a potential for $XPL to strengthen again from the current range.
$XPL #Plasma #BTC🔥🔥🔥🔥🔥
