BINANCE:XVGBTC
just for reference will also post the BTC pair as well. expect this to lag...If bitcoin is bullish XVG will probably be sold off even lower again. And if BTC is corrective (bearish) we could see XVG retract in USD pair and balance out by increasing the BTC pair. (if BTC sells off harder than XVG we can see USD pair decline while the BTC pair "catches up to the BTC pair" --> a bullish scenario is created when BTC and USD pairings increase at the same time, with one exceeding the other and vice versa).
And thats what I think will happen. It may take more time than this, but im going for estimates. and direction. 3 weeks and we will have much clearer picture.
just for reference will also post the BTC pair as well. expect this to lag...If bitcoin is bullish XVG will probably be sold off even lower again. And if BTC is corrective (bearish) we could see XVG retract in USD pair and balance out by increasing the BTC pair. (if BTC sells off harder than XVG we can see USD pair decline while the BTC pair "catches up to the BTC pair" --> a bullish scenario is created when BTC and USD pairings increase at the same time, with one exceeding the other and vice versa).
And thats what I think will happen. It may take more time than this, but im going for estimates. and direction. 3 weeks and we will have much clearer picture.