If you're still holding range-bound alts waiting for them to recapture old highs, stop now.
Traders keep tying up capital for months in charts that go nowhere, missing real moves and getting wrecked by FOMO on every small pump.
$XPL has sat in this range for almost 8 months and we are seeing some decent action today. I have a spot position looking at those potential bullish unlocks in a few days. This stays a medium timeframe trade.
Bulls are calling it the beginning of something with alt season chatter around $BTC and $ETH . Bears see another unlock dump coming on a coin that has done nothing. I am with the bears on this one. Forget about $1 returning anytime soon.
The current setup is still interesting enough to follow.
What's your take on $XPL from here?
#AltcoinSeason #XPL #Trading
Traders keep tying up capital for months in charts that go nowhere, missing real moves and getting wrecked by FOMO on every small pump.
$XPL has sat in this range for almost 8 months and we are seeing some decent action today. I have a spot position looking at those potential bullish unlocks in a few days. This stays a medium timeframe trade.
Bulls are calling it the beginning of something with alt season chatter around $BTC and $ETH . Bears see another unlock dump coming on a coin that has done nothing. I am with the bears on this one. Forget about $1 returning anytime soon.
The current setup is still interesting enough to follow.
What's your take on $XPL from here?
#AltcoinSeason #XPL #Trading
