1-hour timeframe
📊 XEC/USD 1H Analysis: Local consolidation ⚡
Current price of XEC: ~$0.000037 (+0.81%). On the 1-hour chart, XEC is trading in the range of $0.0000365–$0.0000375. RSI (~50) is neutral, MACD shows a weak bullish signal. 24h trading volume: ~$37.81M.
🔑 Key levels:
Resistance: $0.0000375 (50-hour SMA).
Support: $0.0000365 (recent low).
📈 Forecast: A breakout above $0.0000375 could raise the price to $0.000038. A drop below $0.0000365 will lead to a test of $0.000036. The hype around Avalanche and staking keeps the market energized! 🔗