We could very well be forming a double bottom on the 0.786 within the two descending patterns. I will be linking as related a BTC idea I published, which speaks about BTC beginning the run to it’s 4th bull top soon. XYO is a viable altcoin with strong fundamentals, and, like many other coins, will be following along with the upward stride of BTC soon. I definitely see ten cents pushing all the way up to a max of around twenty-seven cents, but given the nature of what BTC is about to do, going way higher than what I’ve mentioned could very well be possible for XYO. As always, it is entirely possible for it to plummet, but the market really just doesn’t seem to feel that way to me. I also must mention again that the XYO/BTC chart is forming a multiple year long double bottom that I find quite intriguing.
Comment:
For XYO, we are not necessarily forming how I was thinking/expecting it could, but nonetheless I believe we are still going up—patience is key with crypto. If we do go any lower I see around $0.023. After all, according to BTC it’s possible we have one more big drop before liftoff.
