This is the 1-Day Trend of Verge, XVG. The other day, we were overbought. But Verge is making a healthy correction now, as it drops back toward the EMA 15 (Red Line). Get ready to start thinking about buying as 1) you see price move closer to the EMA 15, and 2) the RSI is less than 45%, or what would be even better is if it went below the 20%. Keep an eye on it. We might just get a good buy! I may just put a Limit Order close to the EMA 15 to catch a wick. Good luck!
It went to $0.30 on Dec 24, it now dropped back to $0.15. Two weeks back it was at barely $0.02. So, instead of selling at small profits everybody should HODL!!!
Mysterion94
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You guys think it will hit 2k+ sats?
jc110
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It already did Dec 24 on Binance, and that's exactly where it started dropping.
Dorian942
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You think it will go down again
Malstryfe
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@Dorian942, unfortunately, probably not quite this low. But you can always get in later, there will always be future entry points.
Dorian942
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@Malstryfe, i already buyed at 900 wanted sell at 1400 but i didn't now its 1200 and i don't know if i must sell and rebuy lower, this coin is crazy xD
Malstryfe
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@Dorian942, i'm no expert trader, and qualified to give advice. Having said, if it was me personally, it's already dropped a lot, i'd just ride it until the next high, then look for a good sell point. 900 is a good buy, i'd be happy to get that right now. in fact, that's where my limit order is
Dorian942
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@Malstryfe, Okay then i will just hold trying to get :
Target 1 : 2k
Target 2 : 2.2k
Target 3 : 2.5k
I think they are good sell point thanks for your help !