XVG has been heavily overbought in recent past.
I believe if we break certain supporting trend lines, we could see a significant drop-off.
I would wait until we see CLEAR indications of a trend reversal before we take any positions.
Trade cautiously!
I believe if we break certain supporting trend lines, we could see a significant drop-off.
I would wait until we see CLEAR indications of a trend reversal before we take any positions.
Trade cautiously!
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1424 satoshis as of this time.
Current target is 1220 satoshis!
Current target is 1220 satoshis!
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BRACE YOURSELVES. WE JUST BROKE THE SECOND SUPPORT LINE!
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1070 satoshis.
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889 satoshis. The plummet is happening boys.
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News turns out to be staged based on numerous indications.
Whale put a massive buy wall at 650 satoshis (not on Bittrex). Other signs showing an active XVG dev team.
Potential correction?
Whale put a massive buy wall at 650 satoshis (not on Bittrex). Other signs showing an active XVG dev team.
Potential correction?
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Apparent market rejection of dropping below second support line. Looks like a correction is very plausible here.
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Going to stop commenting due to the insane volatility occurring right now.
However, despite the minor bull upswings it looks like it's an overall downtrend.
However, despite the minor bull upswings it looks like it's an overall downtrend.
Comment:
Two remaining major support lines.
One at around 600 sats, and the other at around 250 sats.
Two remaining major support lines.
One at around 600 sats, and the other at around 250 sats.
Let's see how far this will take us down.