XAI's recent performance is indeed worth paying attention to. The one-hour K-line shows a strong bullish candle, indicating a potential awakening. More importantly, the trading volume below is expanding in a stair-step pattern, suggesting that large funds are aggressively accumulating at low levels.
The RSI indicator has already reached 93, a level that typically signals overbought in a weak market, but the current situation is different. When such a violent upward movement occurs at the bottom, an extreme RSI can actually be the strongest buy signal, driven by short squeeze momentum.
The moving average system is now arranged in a bullish formation, with space opening up above, which is crucial. From a technical perspective, this type of movement usually doesn't give many opportunities for a pullback and is more likely to continue rising directly. If you're still waiting for a pullback to enter, you might miss the rhythm.
In the game public chain sector, XAI's position as a leader is being reaffirmed. Entering at the current price requires good risk management, but in terms of technical strength, the potential upside is indeed worth looking forward to.
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BlockchainNewbie
· 23h ago
Large funds are accumulating, and RSI 93 can still be pushed like this, which is indeed a bit aggressive.
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SchrodingerGas
· 23h ago
RSI 93 really trustworthy? I think this looks more like a liquidity trap. I've heard the idea of accumulating at low levels too many times. Every time they say this time is different, and what’s the result...
Wait, you say big funds are accumulating at low levels, can on-chain data confirm that? Or is it just another routine technical story?
Such aggressive upward moves with bullish candles are often accompanied by high gas consumption. Now that transaction costs are so outrageous, true strength should be able to withstand that.
Don’t be so absolute. The phrase "not giving a chance for a pullback" annoys me. There are plenty of counterexamples in history...
With so many gaming public chains out there, why must XAI be the leader? Is market efficiency really that low?
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SoliditySurvivor
· 23h ago
Damn, RSI 93 is already sky-high. If this wave pulls back, I'll just dump the market.
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DegenGambler
· 01-16 17:45
Large funds are already quietly accumulating, friends still waiting for a pullback really need to speed up.
XAI's recent performance is indeed worth paying attention to. The one-hour K-line shows a strong bullish candle, indicating a potential awakening. More importantly, the trading volume below is expanding in a stair-step pattern, suggesting that large funds are aggressively accumulating at low levels.
The RSI indicator has already reached 93, a level that typically signals overbought in a weak market, but the current situation is different. When such a violent upward movement occurs at the bottom, an extreme RSI can actually be the strongest buy signal, driven by short squeeze momentum.
The moving average system is now arranged in a bullish formation, with space opening up above, which is crucial. From a technical perspective, this type of movement usually doesn't give many opportunities for a pullback and is more likely to continue rising directly. If you're still waiting for a pullback to enter, you might miss the rhythm.
In the game public chain sector, XAI's position as a leader is being reaffirmed. Entering at the current price requires good risk management, but in terms of technical strength, the potential upside is indeed worth looking forward to.