Xcad Network is a new platform that aims to give video creators more monetization possibilities. It is also assisting smaller creators in taking use of YouTube’s algorithms to develop their channels.
The Xcad platform offers a variety of goods and services to enable creators connect with their audiences, empower their fans, and generate new revenue sources. Creators can use Xcad Network to establish their own Content Creator Token. The token can be redeemed by fans that interact with them via the Xcad Network ecosystem. They’ll also be able to create non-fungible tokens (NFTs) that can represent almost anything — such as key times in their careers, specific videos, merch redemption rights, shoutouts, and more — providing them even another avenue to monetize and thank their fans. Let us review the XCAD price
XCAD Price Prediction
Bullish Scenario: On a higher time frame, such as the daily(D), XCAD has broken the bearish downtrend line. It is now trading above the $3.6 support zone. If it remains above this zone and the $5.0 resistance level is broken, we could witness a move towards $5.6, $6.4, and much higher.
Bearish Scenario: We’re witnessing some early indicators of bullish momentum, but we can’t rule out the possibility of a bearish scenario. XCAD is still in a downtrend on higher time intervals, such as monthly(M). Failure to hold the $3.1 support level and a break below $2.4 could result in a slide to $1.6 and lower.
Join us on Telegram to receive free trading signals.
For more information on cryptocurrency, visit the Altcoin Buzz YouTube channel.
Images courtesy of TradingView.
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate. However there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.