XVG is testing resistance at the 50 MA. Volume needs to pick up more in order to breakout from the previous support/resistance around $0.78.
RSI is indicating the price movement is strengthening. XVG has been consolidating for a good bit of time now...volume will be the catalyst that is needed in order to reach higher targets.
RSI is indicating the price movement is strengthening. XVG has been consolidating for a good bit of time now...volume will be the catalyst that is needed in order to reach higher targets.
Comment:
Inverse Head and Shoulders appears to be forming with the recent retest of ~$0.71. Completing this pattern will involve price once again testing the 50 MA around $0.78.