Long
XVG Could move soon
Verge has been in an extended bullish flag pattern and is nearing the lower support level. This means a move should be coming soon. This would be the fifth leg of an Elliot Wave and should test the resistance levels just under 1000. I don't see it breaking 1000 on this push however.
If XVG continues to the lower resistance line it could break lower and test recent lows. I don't think that is likely to happen but that is always a possibility.
The current market depends greatly on what BTC does. The volatility of BTC can quickly chance an altcoin chart.
If XVG continues to the lower resistance line it could break lower and test recent lows. I don't think that is likely to happen but that is always a possibility.
The current market depends greatly on what BTC does. The volatility of BTC can quickly chance an altcoin chart.
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