Crypto Contest May 28: XYO

XYO (KuCoin: XYOETH) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, XYO began a red wave one advance on February 14. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 4 and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, XYO should be heading next towards the April 4 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

XYO is a decentralized network of devices that anonymously collects and validates geospatial data, or data with a geographic component. Crypto Mason reviewed the project last week.

(Sources: https://xyo.network/)

How Will XYO Trade?

XYO (KuCoin: XYOETH) daily chart by Tradingview.

(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

XYO will takeout the April 4 peak

XYO will drop below the February 14 low

XYO will stay in a trading range between the February 14 low and the April 4 peak until July 4