XAI has been listed for contract trading for over a year now, and the price decline has been quite rare—a total drop of 99.4%, which is also uncommon in the crypto circle. After hitting the bottom around the 18th of last month, the market began to show oscillating movements. Between the 6th and 15th of this month, it experienced another wave of continuous decline, but from the trend, there are some interesting signals in the technical aspect.

In recent days, the daily chart has formed a double bottom pattern, with the second bottom just appearing today, and then the price started to turn upward. This kind of bottom reversal pattern often indicates a potential upward breakout in technical analysis. From the current trend, there are clear signs of an upward breakout on the daily chart. If the previous resistance level can be effectively broken, the subsequent rebound space is still worth expecting. Interested friends can consider participating on dips based on their risk tolerance and position management strategies.