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XAI Rallied With Key Breakout — Will SAGA Follow a Similar Bullish Path?

XAI Rallied With Key Breakout — Will SAGA Follow a Similar Bullish Path?

CoinsProbeCoinsProbe2025/05/12 17:44
By:Nilesh Hembade

Date: Mon, May 12, 2025 | 06:10 AM GMT

The cryptocurrency market continues to build on its recent strength, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. BTC has crossed the $104K mark, while ETH has soared by 59% in the past 30 days.
This bullish wave is spilling into altcoins too, including Xai (XAI), which managed to record impressive gains of 127% following a key breakout. Meanwhile, Saga (SAGA) also kicked off a rally with 92% gains and is showing signs of following a similar bullish path.

XAI Rallied With Key Breakout — Will SAGA Follow a Similar Bullish Path? image 0 Source: Coinmarketcap

XAI and SAGA Fractal Analysis

In the daily chart (left side), XAI broke out from a classic cup and handle formation — a well-known bullish reversal pattern. This breakout pushed the token from around $0.06 to a high of $0.10, marking a 60% gain post-breakout and a total surge of over 134%. Now, XAI is testing a crucial resistance zone near $0.11, marked in orange, which could determine its next move. If it successfully flips this zone into support, another leg up could follow.

XAI and SAGA Tokens Chart/Coinsprobe (Source: Tradingview)

On the right side, SAGA is painting an almost identical setup. It also formed a cup and handle structure and has just confirmed its breakout with strong bullish candles. Currently trading around $0.43, SAGA is still over 60% below its key resistance zone near $0.70–$0.75. However, if it continues to mirror XAI’s path, this could just be the beginning of a much larger move.

What’s Next?

If the broader market remains bullish and buying pressure continues, SAGA could follow XAI’s lead and surge towards the $0.70+ resistance area — which would represent a potential 60%+ upside from current levels. Momentum traders and pattern watchers may be keeping a close eye on this fractal similarity.

However, both tokens are approaching or heading toward major resistance zones, which may trigger profit-taking or temporary rejections. It’s crucial to monitor volume and breakout confirmations before entering trades.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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