XYO crypto gained close to 100% within two days and its trading volume was up by 10x- but are these trends sustainable?
The RSI on the hourly chart has fallen to the neutral 50 mark. This was another sign that buyers can look to enter the XYO market.crypto has rallied 96.44% in 40 hours from the lows it made on the 18th of November at $0.00535. It surged to $0.0105 by the 19th of November, and since then it saw a 50% retracement of the rally.
The recent retracement was a sign that XYO is ready for its next upward move. Why is this so, and what are the targets for the coming days?They highlighted the 50% retracement level at $0.00793 as a potential support. Beneath this level, $0.00732 and $0.00645 were also key levels.
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