XSNUSD looks to be consolidating in the range of $ 0.25 to $ 0.35.
On January 26th 2021, a low support level was established at $ 0.23.
On February 23rd 2021, a higher support level was established at $ 0.253.
A resistance range was established between $ 0.32 and $ 0.35.
As the higher support level exists with a wide range, in conjunction with the price action causing a wedge below the wide resistance range, I'd expect the price to push nicely into the zone of $ 0.32 and $ 0.35, with theoretical chance of 40% to potentially cause some strong pricing pressure to the upside.
Fundamentally, being a newer listing, possessing a very attractive User Interface for an easy to use DEX application and User Wallet with L2 functionality, I expect to see XSN USD back over $ 0.50 in approximately two weeks time, as millennials and gen z care deeply about decentralized finance and getting rich at a younger age than their parents did, and are looking for cryptos that can increase in price indicator by several hundred percentages.
BITFINEX:XSNUSD
On January 26th 2021, a low support level was established at $ 0.23.
On February 23rd 2021, a higher support level was established at $ 0.253.
A resistance range was established between $ 0.32 and $ 0.35.
As the higher support level exists with a wide range, in conjunction with the price action causing a wedge below the wide resistance range, I'd expect the price to push nicely into the zone of $ 0.32 and $ 0.35, with theoretical chance of 40% to potentially cause some strong pricing pressure to the upside.
Fundamentally, being a newer listing, possessing a very attractive User Interface for an easy to use DEX application and User Wallet with L2 functionality, I expect to see XSN USD back over $ 0.50 in approximately two weeks time, as millennials and gen z care deeply about decentralized finance and getting rich at a younger age than their parents did, and are looking for cryptos that can increase in price indicator by several hundred percentages.
BITFINEX:XSNUSD
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Trade close in March of 2021.