$XVS

【Crypto Focus】XVS Technicals Strengthen, Is a Key Rebound Coming?

May 13, 2025 — After a prolonged consolidation period, one of the DeFi leaders, XVS (Venus), is showing imminent reversal technical signals, igniting the market's high interest in its upcoming rise.

Price Review and Current Status

XVS is currently quoted at 6.90 USDT, with a 24-hour decline of -3.36%. However, the technical chart indicates that the price is near a critical support level and is expected to complete a bottom formation. Over the past month, the price dipped to 6.59 USDT but quickly rebounded to its current level, demonstrating strong buying support below.

Technical Indicators Simultaneously Release Bullish Signals

1. MACD Double Lines About to Golden Cross: DIF is -1.43, gradually bending upward close to DEA (-1.63), alongside a continuously converging histogram, indicating strengthening momentum.

2. STOCH RSI Rises to 14.49: Exiting the oversold area from a low, the curve begins to rise, showing that short-term buying interest is warming up.

3. RSI Indicator Stabilizing at Neutral to Strong: RSI(6) is 46.78, RSI(12) is 48.56, RSI(24) is 50.35, all concentrated in the middle range, indicating that market sentiment is accumulating, poised for a breakout.

4. Trading Volume and Moving Averages Have Settled: MA5 and MA10 are 14 million and 12.5 million, respectively, indicating that short to medium-term moving averages are flattening, and the price consolidation phase is ending.

Market Observation and Potential Catalysts

According to on-chain data, XVS's liquidity and TVL (Total Value Locked) have not seen significant declines recently but have remained stable. Coupled with market expectations for capital rotation in DeFi 2.0 and Binance's stable support for this cryptocurrency, these factors present potential bullish signals.

Moreover, if the XVS team can accelerate the release of new platform upgrades or governance proposals, it could further ignite investor confidence.

Conclusion: XVS is Brewing a Breakthrough, Short-Term Target Challenges 8 USDT

Overall, XVS is currently in a “price-volume bottom resonance zone” after low-level fluctuations, with technical indicators releasing strengthening signals and no deterioration in fundamentals, providing a rebound opportunity. If it breaks through the short-term pressure zone of 7.16 USDT in the coming week, it is expected to further challenge 8.0 USDT and higher targets.

Investors should closely monitor subsequent volume and on-chain capital changes; timely positioning may present a good opportunity in the medium to short term.