Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin traders are again profit, but do they ignore these warning signals?

2025-05-18

Cardano traders, is it time to rotate in the $ 0.78 dipzone from Ada? – Judgement …

2025-05-18

Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»XEC token is up 15% in the past week, can it sustain the rally?
Altcoins

XEC token is up 15% in the past week, can it sustain the rally?

2023-09-19No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

XEC has continued its uptrend today, September 19th, after a sharp spike from $0.000022 to a high of $0.000028 on September 18th. This price movement represents an increase of almost 23%.

Although there is a slight pullback, the price remains around $0.000027. In the early hours of today, XEC was trading at $0.000027, with a price increase of 15% over 24 hours.

But at the time of writing, XEC was trading at $0.000026, down 4% in the last 24 hours. Nevertheless, it is trading volume continues to rise 311% in the last 24 hours, indicating increased network activity.

Interestingly, the ongoing uptrend has continued over the past seven days, with prices up more than 17%. Bullish momentum has allowed XEC to retain most of its gains over the past month, with its price up 8% over 30 days. But what drives it and how long can it last?

What is driving XEC’s rally and how long will the rally last?

The eCash ecosystem has witnessed exciting developments that have attracted tremendous interest from investors in the past few weeks. These developments could well be the driving force behind XEC’s impressive performance.

One of those innovations is the eCash mainnet integration with RocketX, a crypto swapping platform. This integration helps users easily exchange various cryptocurrencies, including BTC, ETH, and Cosmos, with the XEC token, increasing network activity.

Beyond the 13th of SeptembereCash developers have announced that PayButton, an online payment portal for suppliers, now supports XEC. The upgraded one Payment buttonwhich was first launched in February 2019, will make it easier for online sellers to monitor their payments.

See also  Experts expect $ 100k on the horizon

According to the developers, the goal is to increase the use of eCash online. They also aim to achieve greater adoption by making eCash easy to use.

The upgrade has likely piqued investor interest given the rise in global relevance of e-commerce. According to Santiment factseCash witnessed a 270% increase in social volume in the last three days. Moreover, network development has increased by 120% in the past seven days.

While these developments boosted the price of XEC in recent days, the longevity of the ongoing rally remains uncertain given the unpredictable nature of the market. However, the following analysis may provide clues.

XECUSD price chart
The daily chart shows that the price of XEC is currently hovering around $0.00002624. | Source: XECUSD price chart from TradingView.com

Buyers show dominance on the daily chart: will their load support XEC’s rally?

A close examination of the daily chart suggests that the bulls are determined to enable more gains for XEC. Their strong market dominance is evident from the formation of the large green candle on the daily chart.

Although the token’s price remains below the 200-day Simple Moving Average, the top wick of today’s candle has a charge above this price level ($0.0000277). This suggests that the bulls intend to sustain the rally for longer.

Nevertheless, XEC is bullish in the short term as buyers have managed to keep the price above the 50-day SMA. This observation also confirms a continuous accumulation of the tokens, leading to the prevailing price increase.

Given these technical indicators, the uptrend will continue if XEC closes above the 200-day SMA in the coming days. Moreover, the Relative Strength Index (RSI) of 64.2, which is approaching overbought territory, confirms the dominance of buyers.

See also  Former Alameda CEO Caroline Ellison says Sam Bankman-Fried directed her to commit crimes as trial enters week two

Furthermore, this setup signals an accumulation phase in which more traders open new long positions in anticipation of further price gains. The ongoing rally is likely to continue until XEC reaches an overbought condition when buyers reach saturation. However, a retracement after entering the overbought zone is still possible.

Featured image from Pixabay and chart from TradingView.com



Source link

rally sustain Token week XEC
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano traders, is it time to rotate in the $ 0.78 dipzone from Ada? – Judgement …

2025-05-18

Chain link in the fog – a reversal of $ 15.85 can free the path

2025-05-18

The sale of Chainlink starts: will the retail trade hold the line this time?

2025-05-18

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

2025-05-17
Add A Comment

Comments are closed.

Top Posts

This car can display NFTs… and emotions?

2024-01-16

Cardano TVL Exceeds $700 Million – Will This Help ADA Cross $3?

2024-12-04

Hype currency rises 105% in a month, will the ATH $ 35 drive?

2025-05-07
Editors Picks

Neon EVM (NEON) Price Prediction 2023 2024 2025

2023-12-30

Bitcoin price gradually slips: can bulls keep important support?

2025-02-10

DeFi Altcoin Flashing Tier-One Setup and Could Spark a 56% Rally According to Crypto Strategist

2025-01-15

Arthur Hayes predicts a Bitcoin peak in March 2025, but warns against…

2025-01-07
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin traders are again profit, but do they ignore these warning signals?

Cardano traders, is it time to rotate in the $ 0.78 dipzone from Ada? – Judgement …

Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,921.410.98%
  • ethereumEthereum(ETH)$2,511.631.79%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.392.27%
  • binancecoinBNB(BNB)$646.240.93%
  • solanaSolana(SOL)$171.712.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2242164.45%
  • cardanoCardano(ADA)$0.76-0.06%
  • tronTRON(TRX)$0.2721970.85%
  • suiSui(SUI)$3.841.62%
  • chainlinkChainlink(LINK)$15.682.76%
  • avalanche-2Avalanche(AVAX)$23.031.96%
  • stellarStellar(XLM)$0.2895321.36%
  • hyperliquidHyperliquid(HYPE)$26.820.13%
  • shiba-inuShiba Inu(SHIB)$0.0000154.16%
  • hedera-hashgraphHedera(HBAR)$0.1936681.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.70-2.99%
  • bitcoin-cashBitcoin Cash(BCH)$398.901.47%
  • the-open-networkToncoin(TON)$3.101.42%
  • polkadotPolkadot(DOT)$4.772.37%
  • litecoinLitecoin(LTC)$98.450.64%
  • moneroMonero(XMR)$343.792.55%
  • bitget-tokenBitget Token(BGB)$5.255.97%
  • pepePepe(PEPE)$0.0000138.11%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.735.84%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$5.932.07%
  • bittensorBittensor(TAO)$420.250.93%
  • aaveAave(AAVE)$227.411.84%
  • nearNEAR Protocol(NEAR)$2.771.92%
  • aptosAptos(APT)$5.191.81%
  • okbOKB(OKB)$53.000.24%
  • ondo-financeOndo(ONDO)$0.932.28%
  • kaspaKaspa(KAS)$0.112075-0.97%
  • internet-computerInternet Computer(ICP)$5.251.52%
  • ethereum-classicEthereum Classic(ETC)$18.411.14%
  • gatechain-tokenGateToken(GT)$21.530.75%
  • crypto-com-chainCronos(CRO)$0.0992071.66%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.973.43%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2390593.81%
  • mantleMantle(MNT)$0.741.22%
  • vechainVeChain(VET)$0.0283872.59%
  • render-tokenRender(RENDER)$4.653.15%
  • ethenaEthena(ENA)$0.3801595.57%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • filecoinFilecoin(FIL)$2.883.31%
  • algorandAlgorand(ALGO)$0.2220502.91%
  • arbitrumArbitrum(ARB)$0.3895193.68%
  • bitcoinBitcoin(BTC)$103,921.410.98%
  • ethereumEthereum(ETH)$2,511.631.79%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.392.27%
  • binancecoinBNB(BNB)$646.240.93%
  • solanaSolana(SOL)$171.712.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2242164.45%
  • cardanoCardano(ADA)$0.76-0.06%
  • tronTRON(TRX)$0.2721970.85%
  • suiSui(SUI)$3.841.62%
  • chainlinkChainlink(LINK)$15.682.76%
  • avalanche-2Avalanche(AVAX)$23.031.96%
  • stellarStellar(XLM)$0.2895321.36%
  • hyperliquidHyperliquid(HYPE)$26.820.13%
  • shiba-inuShiba Inu(SHIB)$0.0000154.16%
  • hedera-hashgraphHedera(HBAR)$0.1936681.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.70-2.99%
  • bitcoin-cashBitcoin Cash(BCH)$398.901.47%
  • the-open-networkToncoin(TON)$3.101.42%
  • polkadotPolkadot(DOT)$4.772.37%
  • litecoinLitecoin(LTC)$98.450.64%
  • moneroMonero(XMR)$343.792.55%
  • bitget-tokenBitget Token(BGB)$5.255.97%
  • pepePepe(PEPE)$0.0000138.11%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.735.84%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$5.932.07%
  • bittensorBittensor(TAO)$420.250.93%
  • aaveAave(AAVE)$227.411.84%
  • nearNEAR Protocol(NEAR)$2.771.92%
  • aptosAptos(APT)$5.191.81%
  • okbOKB(OKB)$53.000.24%
  • ondo-financeOndo(ONDO)$0.932.28%
  • kaspaKaspa(KAS)$0.112075-0.97%
  • internet-computerInternet Computer(ICP)$5.251.52%
  • ethereum-classicEthereum Classic(ETC)$18.411.14%
  • gatechain-tokenGateToken(GT)$21.530.75%
  • crypto-com-chainCronos(CRO)$0.0992071.66%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.973.43%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2390593.81%
  • mantleMantle(MNT)$0.741.22%
  • vechainVeChain(VET)$0.0283872.59%
  • render-tokenRender(RENDER)$4.653.15%
  • ethenaEthena(ENA)$0.3801595.57%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • filecoinFilecoin(FIL)$2.883.31%
  • algorandAlgorand(ALGO)$0.2220502.91%
  • arbitrumArbitrum(ARB)$0.3895193.68%