profssrfink

XVG new trend line

Long
BITTREX:XVGUSD   None
Looks like XVG is establishing a new trend line here after a massive selloff over the Christmas holiday. Any positive news on the platform developments may change this trajectory, but the price is holding steady at the current resistance level. Any breaks above this line may just establish this line as the new support while the coin gets locked into a more humble channel trajectory. I think most people buying this coin are HODLers so I would encourage continuing building your positions and to take advantage of the recent selloff. #xvgfam #xvg $xvg

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.