The following text is not a financial advice ! Even less when coming from a beginner like me…
$XAI long trade :
The current 4h candle needs to close above 0,8065 USDT (current huge support), then we could see $XAI continue its rally 📈
Otherwise, it could be down around 0,66 where there’s still a lot of liquidity, before running again.
I’m still bullish, but we really must pay attention to this candle and be careful… The end of the current big triangle will show us what’s happening next !
$XAI on spot 💰:
For an investment purpose and NOT a long, this level of 0,8-0,82 USDT should be interesting to buy 30% of the amount we want to pay. If the end of the triangle stays bullish, I would invest 30% again and wait a bit for the rest, but if it goes to 0,66 USDT I would buy 70% !
The potential of this altcoin is really important, as the first layer 3 in very good narratives (ARB and gaming), with high transactions volume and quite good market cap, well tokenized,…
On a short term (monthly), 1,4 USDT seems to be a reasonable target. I couldn’t say how much on a very long term (I read too many speculations while it’s still blurry), however it should be amazing in bull run conditions… 🤑
Remember to make researches by your own, this all couldn’t be any kind of financial advice !!! We’re all responsible of our choices with our money…
