XDC 's rest almost finished !! Be aware !!

XDC had a great run up the first week of July, when almost the whole market was standing still !!

It had to rest a little, cooling down after running from 5 to 12 cents !!

Price is looking like it wants to touch the long term (yellow) support line !
And the 200 day Moving Average is looking like it wants to touch the same support line, too !!

I guess, when it will take out heavy resistance at 8 cents, the Moving Average will bounce back from the support line .... AND PRICE WILL SHOOT UP SKY HIGH !!!

I mean ... come on ... less than 1 Billion MarketCap for the native token of the R3 Corda Blockchain !! This valuation is a joke and must be REPRICED !!!

For the memory; what is R3 Corda ?
"Built for the needs of highly regulated institutions, Corda is a next-gen blockchain platform that delivers privacy, scalability, and security, making it the DLT platform of choice for financial services and beyond."
What is R3 Corda's main goal ?
"Quorum, Hyperledger Fabric and Corda are each referred to as being an enterprise blockchain. These are private networks — access to them is restricted to selected parties — with features designed for business enterprises, including known identities of network participants."
Who are R3 Corda's partners ?
"R3 partners Accenture, Contour, IBM, Infosys and Wipro are Corda Champion sponsors of CordaCon"

Trade active:

XDC violated support is is trying to get back.
We are in dangerous position.
I am still confident, due to amazing fundamentals.
However I could be led to reassess if XDC breaks down.

Trade active:

This was just a false breakdown in order to fool investors !!
Big move on BIG volume !!