the XYO price crypto is experiencing a decline
The XYO price prediction highlights that the price momentum was in the bull's favor earlier, as it ran from support to resistance level from $0.00350 to $0.01600. But, at the top resistance level, the price failed to sustain and started declining, and the XYO crypto exhibited a sign of more deterioration in the coming sessions, as the price tumbled from a crucial level of around $0.01600 on the chart.
as per the XYO price prediction, it appears like it is approaching a severe crash, as it touches the resistance level and starts to plunge, and starts shattering the support level.
The XYO price asset is exhibiting bearishness and falling capacity as it slides below major trend 20-day and 50-day EMA bands, contingent on the sellers' surge, its price could slump more.
Similarly, the XYO price asset is exhibiting bearish performance as MACD shows a bullish cross at -0.00001 with histogram at -0.00021, and the RSI is not close to the 30 level yet, meaning that the XYO asset is not facing significant buying pressure and can continue to fall in the coming session.
On the overall analysis, the chart shows that the XYO has recorded good results in the previous month, and quarter by 14.77%, and 49.92%. However, the XYO price prediction is revealing bearish signs and shows that it has the capacity to sink lower. Even, it has recorded bad results in the previous week by -10.35%, signifying a steady downward movement.
At the time of publishing, the XYO price crypto is experiencing a decline of -6.72% in the last 24 hours, currently trading at $0.00958.
Therefore, XYO price prediction highlights that if it fails to stay above the $0.00800 level, it could decline further and reach lower levels.
However, if the demand for the token remains high, the XYO asset price could bounce back from the current level. The next target for the price is to reach $0.01200.
as per the XYO price prediction, it appears like it is approaching a severe crash, as it touches the resistance level and starts to plunge, and starts shattering the support level.
The XYO price asset is exhibiting bearishness and falling capacity as it slides below major trend 20-day and 50-day EMA bands, contingent on the sellers' surge, its price could slump more.
Similarly, the XYO price asset is exhibiting bearish performance as MACD shows a bullish cross at -0.00001 with histogram at -0.00021, and the RSI is not close to the 30 level yet, meaning that the XYO asset is not facing significant buying pressure and can continue to fall in the coming session.
On the overall analysis, the chart shows that the XYO has recorded good results in the previous month, and quarter by 14.77%, and 49.92%. However, the XYO price prediction is revealing bearish signs and shows that it has the capacity to sink lower. Even, it has recorded bad results in the previous week by -10.35%, signifying a steady downward movement.
At the time of publishing, the XYO price crypto is experiencing a decline of -6.72% in the last 24 hours, currently trading at $0.00958.
Therefore, XYO price prediction highlights that if it fails to stay above the $0.00800 level, it could decline further and reach lower levels.
However, if the demand for the token remains high, the XYO asset price could bounce back from the current level. The next target for the price is to reach $0.01200.
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