$CROSS taking round two seriously 🔁
Pumped from 0.11868 up into the 0.128 zone, chopped sideways for a while, dipped back toward MA(99), then broke out again to a fresh high of 0.13578, now sitting at 0.13470, up 17.71% on the day. That first leg was really just a warmup for this second push.
MA(7), MA(25) and MA(99) all lined up and climbing now, and the pullback from the top barely dented the move, price is holding way above where it based out before. Feels like buyers stepped back in with more conviction on this leg than the first one.
Volume decent too, 82.70M CROSS and 10.63M USDT, enough to fuel a real breakout not just a wick.
If this holds above that 0.1290 zone on the next dip I'd expect it to keep grinding toward new highs, lose that and it probably chops back into range like the middle of this chart.
Not financial advice, just tracking the tape
Pumped from 0.11868 up into the 0.128 zone, chopped sideways for a while, dipped back toward MA(99), then broke out again to a fresh high of 0.13578, now sitting at 0.13470, up 17.71% on the day. That first leg was really just a warmup for this second push.
MA(7), MA(25) and MA(99) all lined up and climbing now, and the pullback from the top barely dented the move, price is holding way above where it based out before. Feels like buyers stepped back in with more conviction on this leg than the first one.
Volume decent too, 82.70M CROSS and 10.63M USDT, enough to fuel a real breakout not just a wick.
If this holds above that 0.1290 zone on the next dip I'd expect it to keep grinding toward new highs, lose that and it probably chops back into range like the middle of this chart.
Not financial advice, just tracking the tape
