Verge XVG Technical Analysis | 35% Overnight Move |

in #verge • 7 years ago

Verge XVG

is currently in a consilidation point after a beautiful bullrun after weeks of a continuous downtrend being led by BTC.

xvg1.PNG

With BTC wanting to keep running up we could expect some gains to come alongside Verge XVG also.

A bull flag consilidation pattern seems to be forming so that has be closely watching it.

#MacD shows signs of wanting to neutralize with #RSI.

If #Verge is to drop under the 50% retracement level expect heavy support at the 8k price.

FUTURE MOVEMENT

xvg2.PNG

#Verge #XVG Possible elliot wave 3 breakout towards all time highs

Short term- neutral bearish

Long-term- bullish

#xvg #cryptocurrency #analysis #crypto
7 years ago in #verge by
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