$XAI fell below the large-scale support, where is the next idea to find support❓
I hope that the K-line charts of two periods can help you: daily K and hourly K. First of all, you can see that the small structural support of the daily K level has been broken, that is, the price position of 0.6
Then the reference below can only be reversed to see if there is any trace of history at the bottom. It happens that in the market at the beginning of the launch, it can be seen that the pin was inserted at the position of 0.46
Therefore, this point can be used as a certain support reference. If you combine some integers and half of the consensus positions to find it, then 0.45-0.46 is a daily K-level support area (further down is the integer consensus 0.4)
Back to the hourly K that is more short-term guiding, you can notice that the current The overall market environment is downward, so it is obviously not appropriate to blindly intervene in the cottage at this time. You must pay attention to the trend of the market.
I also put a pressure trend line at the hourly level, which is also the position of the white line. At about 0.52, we can determine that this section of the downward trend has ended.
In terms of indicators, MACD and RSI are now distorted, that is, they have lost their reference value. Naturally, they are in the area where the short side is dominant and oversold. Therefore, there are two judgments for the current hourly cycle reference:
(1) Wait for the indicator to be repaired
(2) Wait for the price to break through the trend pressure line
If there are no these two signals, don’t do it! ! !
Finally, let's talk about the latest event #Xai先锋创世纪 . This is a plan for continuous game releases and users. As an infrastructure that cuts vertically into the game track, $XAI has maintained a relatively good rhythm in promoting fundamental activities. The previous Odyssey also achieved good results. This event is aimed at a deeper interaction between users and the game ecosystem. Users can get asset rewards by participating in the game. To achieve the effect of "Play to Earn", for the ecosystem, the influx of user data will also give it more say in the capital market, which is a win-win situation. The event has been going on for some time, and now you can still continue to participate in the interaction of the game ecosystem~
gogogo! ! !