XVG has dropped out of the top 100.
XVG has dropped 75 places in overall market capitalization.
XVG is 99.9999999% below its ATH.
XVG has no marketing presence.
XVG has no dev updates.
RIP XVG. 12/31/2017
The chart is OVERALL bullish on the daily, weekly, monthly, yearly...
The pullback we witnessed was a healthy correction after a +600% move up from the bottom.
Second wave is completing in the next couple weeks then it is GO time.
In the short term, we could still lose another 50% but make sure to DCA.
XVG had a great run! The correction has ended. The last couple days have been rough but it was a shakeout. The price found a strong support at the 100 MA on the weekly timeframe. The next stop is $0.015 and this should happen quickly now that everyone is worried it will drop further. Stay healthy. Stay liquid.
We are seeing the price of XVG squeeze around $0.007 +/- a few %. The retracement is been bullish and the price consolidating to this new base price. Expect another move up in the future and look for increasing volume.
Nothing super technical. It looks like the MACD is indicating divergence on the daily chart. The price is also situated right below the 20 daily MA and near the recent daily low; within 1% of the recent daily low. Load up.
If we zoom out and look at the macro trend there is evidence to suggest that we are in the start of a bullish cycle. XVG has already increased by roughly 400% from the capitulation wick down. We are currently finding support from the resistance we crossed at $0.004 and should expect another move up after consolidation. The 2W candle has closed above the 20MA and...
A bit of relief in the Bear market but no Bull Market Confirmation. The price might recover a bit to the levels indicated but most likely nothing over .034 unless a true bull market confirmation. There is a strong down trend resistance line that must be broken for a reversal to be confirmed. Expect the price to test lower lows if bull market not confirmed.
It looks like the market is going into correction and XVG experienced some great growth and consolidation, as well as gaining new liquidity in new markets, but the fun is over for now. If XVG breaks the support trend line then it should drop 20-30% before reaching the next support level.
XVG recently had an amazing move and quickly corrected on the "buy the rumor, sell the news" logic. If you didn't sell the top then don't worry because there will be another opportunity coming up! It looks like the current XVG price trend is creating an upward channel and the recent daily low respected the lower bound of the channel. If XVG were to make another...