Has kept mostly within the upward channel, only broke above below by a small margin and now back in. Will probably range side ways before its next big push, I don't think this is going to drop too much, probably around 1200 at the lowest. Still bullish long term
@MattRiedle, Its hard to say, its looking like its still in the channel and moving up so we could be looking at 42c (2.618 fib) by xmas.
Its currently one of the only coins looking bullish in an overall bearish market
Supertraderboy
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What do you thnk?
Supertraderboy
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seems like we had a little pop after the drop and now many coins in sideways movement.
mrnav
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@Supertraderboy, It may make another move. A lot of ideas here seem to be calling it short based on one pullback, but its still looking pretty solid with high RSI across multiple time frames (technically oversold but people forget its also an indicator of strength and its high!) It will pull back but I think it might make another attempt at its high before it drops. Could see 42c before a big retrace down. Either way its out performing BTC and the xvg-btc pair is looking strong still