BlockchainBull

Verge Update (XVG) 30/03/21

Long
BINANCE:XVGUSD   None
Price has been fluctuating within the golden range bound for the last nine days. Only recently broke out to reach an All Time High Yesterday of 0.424. We can see that price is still above the 21 and 50 EMA, so expect a bullish continuation. Look to enter on the bounce of the current support line marked with arrows. This is also where the 50% and 61.8% Fibonacci levels meet. For the conservative trader, look to enter on the 50 Moving Average (0.321). Next price target should be 0.45.

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