Analysis

Haven Protocol (XHV) and DODO Technical Analysis: Will Buyers Sustain the Uptrend?

Haven Protocol and DODO prices are bullish. However, sustained gains above $10 may see XHV post a 3X. Meanwhile, DODO buyers may break above $2 for a surge to $2.5. Haven Protocol (XHV) The Monero-fork is privacy-focused, using XHV as the primary currency. Past Performance of XHV The Haven Protocol crypto is solid, building on November 8 gains. In a bullish breakout pattern, the XHV token price is stretching the USD, outperforming the greenback on the last trading day. Day-Ahead and What to Expect Undoubtedly, XHV crypto sellers are positioning themselves in anticipation of more sustained gains above $10 following the early November 9 rally. Surges of November 8 are the fuel that may see the XHV/USDT prices further print to $30 for a 3X gain. Notably, propping the upswings is the solid underlying factor, including rising trading volumes, which places buyers at the fore. Haven Protocol Technical Analysis The XHV/USDT price is within a rising channel, as visible in the daily chart. Besides, trading volumes are average as buyers remain rampant, angling for $30 in the medium term. With buyers on top, XHV coin traders can load the dip, aligning with the gains of early November as long as support remains at $6. Sustained gains above October 2021 highs would draw more buyers, lifting the coin to $30—2021 highs. DODO The DEX uses an improved version of AMM for better liquidity efficiency using DODO. Past Performance of DODO The DODO token is at a critical resistance level at $1.9 as buyers press higher, as visible in the daily chart. After yesterday’s limited trade range building on the solid close of last week, DODO coin traders are upbeat, expecting more gains in the days ahead. Day-Ahead and What to Expect DODO coin buyers are in control as per the DODO technical analysis in the daily chart. Technically, every low may offer entries for aggressive traders, more so once there is a close above $1.9 and later, $2.5. This would mirror events of the past few days and the rejection of lower lows after the deep losses of September 2021. DODO Technical Analysis DODO/USDT prices are tracking higher with decent trading volumes. The rejection of bears over the weekend and the formation of the three-bar reversal pattern marking sellers’ arrest support the uptrend. For risk-averse traders, there might be more opportunities above $2, confirming upswings of October 15 and founding the base for a rally to $2.5. Losses below $1.5 may see DODO prices crumble below the support trend line to $1.1.
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