X is outperforming the broader cryptocurrency market with double-digit gains. Bitcoin is stagnating at around $25,800, while most of the market is not posting any significant price movements.

However, X has defied the odds with a 13% price gain in 24 hours. The trading volumes have also increased by 10% over the past day to around $285K.

At the time of writing, X was trading at $0.085. Despite the recent double-digit gains, X is down by 39% over the past week. The volatile price movements come as traders seek to scoop profits after slight uptrends.

X Could Make 25% Uptick

X can make a 25% surge if buyers remain in control. In the last 24 hours, X has traded between $0.0699 and $0.0897, indicating increasing volatility.

The uptrend was rejected at the $0.090 level. If buyer support increases, X will likely test these levels again, and another uptrend will be formed. If a 25% price growth is posted from the recent levels, X could breach $0.1.

While broader market support is not strong enough to sustain the uptrend, product developments might trigger gains for X.

The team has launched a unique way to promote the project. It has released a music video to make the project more popular across the crypto market while boosting community engagement.

X Set For More Gains As Buyer Support Grows

X’s price movement over the past few days shows intense volatility, with bears having more control. However, the low prices caused by the downtrend have attracted buyer activity, and X is now attempting to rally higher.

$0.088 is acting as a critical resistance level. X’s uptrend was rejected at this level on September 8 and again on September 9. $0.092 is another necessary resistance level X needs to break to confirm the uptrend.

X has a Relative Strength Index (RSI) of 68, pointing toward buying activity. The RSI line is also tipping north, showing the likelihood of more buyers entering the market.

On the other hand, the Moving Average Convergence Divergence (MACD) line is on the positive side, further proving that a bullish sentiment is at play. The MACD histogram bars also trend positively, further demonstrating the bullish sentiment.

Wall Street Memes Set For 10x Gains With Tier 1 Exchange Listings Set To Happen In Two Weeks

Wall Street Memes is set for an explosive rally after listing on tier 1 exchanges in around two weeks. Securing these top listings proves the project’s credibility.

The WSM presale has raised more than $25 million. 1WSM is currently trading at $0.0337, with early participants given a final chance to buy.

Wall Street Memes was born out of the infamous GameStop saga of 2021 when retail traders triumphed over Wall Street giants. WSM is tokenizing this movement while also empowering the community. The token will sustain the community’s growth and reward loyal members.

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• Source: https://insidebitcoins.com/news/x-marks-the-spot-x-com-could-experience-25-uptick