Elijah144

XYO Has A Long Way To Go

Long
First of all, here is an interesting article about XYO, which also provides excellent info on it's great potential for utility: www.nasdaq.com/artic...dogecoin-2021-09-22. There is also another article written claiming the opposite where the writer references the former article; it essentially claims that is XYO being the next Doge or Shib actually positive, and he "knocks" the utilization case for XYO while somewhat vouching for it, but I don't think there is much there other than a grain of salt. XYO has a bright future because of it's functions and where blockchain/crypto are heading. I first want to speak on the XYO/BTC chart below: we are right at the 1.618 on the second fib arc, and if we assume a similar rise as previously, as they look strikingly familiar, then that would land us right at ~$0.40, which aligns with the 2.618 on the XYO/USD pair. Also, the two red circled portions on the BTC pair are pointing out how the first top of the pattern landed on the 0.618 of the fib retracement and the 1.618 of the first fib arc, whereas the second is a higher up repeated confluence of the 1.618 retracement and 2.618 arc. I just think that's a very interesting observation, and am throwing it out there. That price target would be ~$8--assuming a $60k Bitcoin--and while I do think XYO can reach that... not sure when, but it could happen whenever; anything is possible. This further elaborates on the related idea, so take a look if you haven't.

XYO/BTC:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.