XAI Price Tests Lower Boundary of Ascending Parallel Channel Amid Growing Gaming Narrative
XAI (XAI) price has been consolidating within an ascending parallel channel for the past two weeks. The odds are inclined toward breaking this bullish technical formation as profit-booking intensifies. It comes despite the metaverse and gaming themes steadily gaining ground in the crypto space. The market is also reeling from the Bitcoin spot exchange-traded funds (ETFs) narrative and speculation on similar investment products for Ethereum (ETH).
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