Hello everyone, this is another update on XVG (Verge coin) . Looking at Volumen we can see that there is a big spike in buyers, so you may think, why does the price don't go up? The basic analysis of support/resistance comes to my mind. After finding resistance at 1 fib extension, we may see a pullback all the way to 39 satoshi where lays 61.9 FIB from last rally. There is nothing to be worry about, another oportunity to get some more of it. Also bitcoin rally does support verge price to USD. Now we are awaiting for a stron rally towards around 70 satoshi.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
I agree with you
What time frame is your analysis in?
Coder775
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@trade1991, D1, I think now is a good time to get some extra. and that is my plan before futher rally. I don't think that we will go any lower, but this is not a recomendation, its just my opinion.
trade1991
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@Coder775,
Your opinion is respected
I expected 66 Satoshi to be touched and then drop to 39 Satoshi
But again, I hope Satoshi 66 is touched and the goals are higher