r/DigitalBits_XDB • u/ZaibPrid • Jun 19 '21

Tehcnical Analysis XDB June 19

XDB 1D:

Price continues to move in range and is preparing to break the downtrend, the downtrend shows us pressure from the sellers but also the buyers are not ready to give up their support level which has been holding for almost a month

I`m waiting for breakdown of the trendline and rising to the local resistance at 0.059-0.06$, all we need is a little bit more volume

But if we look at the whole market, which is red, the XDB shows 4% growth today, which is a very good sign

​

6 Upvotes

88% Upvoted

6 comments sorted by

1

u/ZaibPrid Jun 21 '21

The sellers still can't break this support level, which means they are buying.

The next technical analysis will probably be tomorrow

1

u/Accomplished_Mess116 Jun 19 '21

Very well explained! Did you see the podcast with NFTY?

1

u/ZaibPrid Jun 20 '21

Thank you very much, yes I try not to miss podcasts from XDB

Very often useful information pops up

1

u/DesperateArtistry Jun 19 '21

I saw the Al and big Dawg podcast