Haven Protocol (XHV) shows strong signs of bottoming out after crashing 90% By Cointelegraph

[ad_1]


Haven Protocol (XHV) showed signs of returning to its bullish form as its price doubled in just five days of trading.

XHV’s price surged by up to 107% week-to-date to climb above $3.60 on March 11, its highest level in more than three months. Interestingly, the move upside followed a period of aggressive selloffs that saw XHV’s value dropping from nearly $20 in November 2021 to as low as $1.60 in early February 2022 — an approximately 90% decline.

weekly price chart. Source: TradingView
XHV/USD weekly price chart featuring descending channel. Source: TradingView