XYO Skyrockets 50% on Bithumb Debut—Ecosystem Expansion Fuels Crypto’s Latest Pump-and-Charm Campaign

XYO’s price defies gravity—and maybe logic—with a 50% surge following its Bithumb listing. The ’location-based blockchain’ play now flaunts exchange momentum and vague ’ecosystem growth’ to lure traders.

Subheader: Another day, another altcoin riding exchange hype

Bithumb’s stamp of approval sends XYO flying, proving yet again that crypto runs on listing rumors and hopium. The project’s geospatial data ambitions take a backseat to pure speculative frenzy.

Closing jab: Traders cheer the pump while quietly checking withdrawal limits—just in case the ’growth’ turns out to be another crypto vaporware mirage.

XYO price analysis

On the 1-day/USDT price chart, XYO has broken out of a long-term descending trendline, signaling a clear bullish reversal.

It’s now trading above both its 50-day and 200-day moving averages, which is a strong sign that bulls are in control.

Indicators like the MACD and RSI are also flashing green, showing growing strength behind the rally.

Based on this setup, the next potential target for XYO is $0.025, which marks its yearly high so far. However, with the RSI now above the overbought zone, a short-term pullback could occur before the rally resumes.

Market commentators share similar expectations, with some eyeing even higher targets. According to analyst Javon Marks, XYO could be gearing up for a major move. He sees the token heading toward a target of $0.06949, a potential 360% gain from current levels, now that altocin is forming lower highs and momentum is picking up fast.

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