The H4 chart of XECUSDT shows that the token has moved to the downside, forming lower highs, as bulls failed to hit the tough medium-term resistance of 0.00004525.

 

RSI14 has been dragged to the oversold territories following this bulls fail and that may cause some kind of fluctuation, so we need to be patient to see whether the token will beat the support areas around 0.00003350 or it will protect holders from witnessing additional bearish actions.

Keeping this in mind, we will continue to monitor price movements and provide updates as needed!