I was asked to look at the XYO chart. This coin only launched on coinbase and other exchanges a month ago so there isn't a ton of history to work with.
With that said I zoomed into the 4 hour chart to try an identify possible levels that the daily chart could play into and confirm.
There video is below...
XYO Chart Analysis
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According to XRP chat on 4 hours time frame.
It seem XRP is going to retest first and form a support. Which will help the trade to continue uptrend.
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It is clear there is no momentum in the coin right now. Maybe we will see once the money starts following into the mid-low cap coins. But it is a good time for accumulation if anyone is looking for the mid to long term.
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I think now is not the best time to buy as my oscillator is going down
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