$XDB long term Bullish

31 paź 2022

XDB is trading on a critical support level.
A break of $0.0044 will send the coin to $0.0025 Oct. 6th low

There is a high volume now compared to the past. Trend change may occur soon.
Would be great to go long after confirmation of daily close above 20 SMA with the 1st target of the Oct. 11

Fundamental:
Community update on 31st Oct.
-Tokenomics clarification and further token burn (Token annual emission clarification -20years 20 billion max supply)
-Updates about the current status of the mainnet
-Updates on their decentralized exchange and staking to encourage community to hold their coins without dilution.
-Information about the tokenized assets of AS Roman football club
-Out of court settlement of inter Milan issue and new contracts between the two parties (Clarification required); issue resolved or not?
-Onboarding of new institutions to the mainnet; possibly giant institutions maybe announced today
-Introduction of new developers

My opinion is to buy this coin and hold for long time (2024/25) as it does not matter if you buy at $0.0026 or $0.0078 (Not financial advise) as the more usecases evolved soon and other giant institutional clubs/companies start using this platform the price may grow to $1.