XVS/USDT Technical Analysis: Enter at 4.648, with key resistance levels sequentially at 4.708, 4.769, 4.950, and 5.252. This setup reflects a step-by-step breakout trading approach—each target aligns with major resistance above, forming a clear upward channel. The first two targets have been reached; the focus now is on whether 4.950 can be broken, which will determine if the upward movement continues toward 5.252. From a technical indicator perspective, XVS's recent performance is correlated with the trends of mainstream coins like BTC, ETH, SOL, and others. Overall market sentiment is crucial for supporting altcoins. Traders should closely monitor these key levels; a break below 4.648 would require reassessment. By combining the correlated performance of major coins such as PEPE, XRP, NEIRO, and others, a better understanding of XVS's subsequent direction can be achieved.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
XVS/USDT Technical Analysis: Enter at 4.648, with key resistance levels sequentially at 4.708, 4.769, 4.950, and 5.252. This setup reflects a step-by-step breakout trading approach—each target aligns with major resistance above, forming a clear upward channel. The first two targets have been reached; the focus now is on whether 4.950 can be broken, which will determine if the upward movement continues toward 5.252. From a technical indicator perspective, XVS's recent performance is correlated with the trends of mainstream coins like BTC, ETH, SOL, and others. Overall market sentiment is crucial for supporting altcoins. Traders should closely monitor these key levels; a break below 4.648 would require reassessment. By combining the correlated performance of major coins such as PEPE, XRP, NEIRO, and others, a better understanding of XVS's subsequent direction can be achieved.