This Altcoin Is Gearing Up For A Stronger Surge Than Last Week’s 100% Rally: Analyst

Crypto investor Lord Crypto provided an update on xSPECTAR (XSPECT), noting more upside could be in store after last week’s 100% price surge.

As seen in the price chart, XSPECT staged a powerful rally last week before cooling off. However, Lord Crypto points out that key indicators suggest this is just the beginning.

The BMS bands have turned up, indicating bullish momentum is accelerating. Meanwhile, the 50-day moving average is on the verge of a bullish crossover above the 200-day MA.

According to Lord Crypto’s analysis, this all points to an even more powerful leg higher for XSPECT. He attributes this potential surge to a number of factors.

Celebrate Dogecoin and Make Big Gains with Doge2014!

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Show more +

“First, there’s the ongoing “Land grab” on the xSPECTARverse for 50% off. Then there’s the rewards halving for XS Lock.” Lord Crypto notes the timing of these two events is generating much on-chain traffic, with buy pressure forcing the price of $XSPECT to new highs.

After last week’s surge, he believes the stage is set for XSPECT to continue shocking markets with even more exponential upside.

With strong technicals and fundamentals driven by increasing metaverse activity and staking rewards adjustments, Lord Crypto expects new highs lie ahead for XSPECT.

You may also be interested in:

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

CaptainAltcoin
Logo