Hi all! I don't see a strong upward trend just yet, as the flat trend is holding up in the intermediate term. The Verge jumped close to 20% in two days after it tested the marked area at 200 sats. This week's rally is nearly vertical so a pause or pullback seems likely - what we are seeing now .
But while all that is taking place on a technical basis, market makers are trying to get the best price possible that they want to accumulate XVG in a weak market. That's why many alts will pull back and consolidate for periods of time, frustrating traders who chased and bought near recent highs.
Chasing and panicking is a terrible emotion in the cryptomarket that will eventually crush your portfolio. Market makers feast on those who trade based on fear and greed. Don't be one of those traders.