XNL Will Make Massive Move with New NFT Drops
The chart above shows the XNL/USDT currency pair in the 1 day timeframe and you can see those two trendlines drawn:
The first trendline is a falling trendline indicating that the market was in a downtrend until that trendline was broken. From there price moved up but later it came back down to touch that trendline that was broken and then bounced up from there.
The second trendline is a rising trendline indicating that the market was in an uptrend until that trendline was broken. From there, price moves down but later, made its way up to touch that trendline it intersected previously and then bounced down from there.
The chart above shows the XNL/USDT currency pair in the 1 day timeframe and you can see those two trendlines drawn:
The first trendline is a falling trendline indicating that the market was in a downtrend until that trendline was broken. From there price moved up but later it came back down to touch that trendline that was broken and then bounced up from there.
The second trendline is a rising trendline indicating that the market was in an uptrend until that trendline was broken. From there, price moves down but later, made its way up to touch that trendline it intersected previously and then bounced down from there.