XDC about to flip major resistance
XDC is one of the few altcoins that is showing strength while BTC is consolidating at it's weekly demand zone.
Also a trend reversal has started with local higher highs en higher lows that have been formed. A higher low play could be what you are looking for, but wouldn't be my setup of choice since the major resistance level hasn't been gained yet. Also the last high in the downtrend, which is a retest of this major level after losing it, hasn't been gained. So I would like to see a clear higher high above the major resistance to flip it and the look for an entry!
Also a trend reversal has started with local higher highs en higher lows that have been formed. A higher low play could be what you are looking for, but wouldn't be my setup of choice since the major resistance level hasn't been gained yet. Also the last high in the downtrend, which is a retest of this major level after losing it, hasn't been gained. So I would like to see a clear higher high above the major resistance to flip it and the look for an entry!
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