- As the weekly moving averages are getting closer and closer, it looks highly possible that XVGUSD can touch the main trend line once again when the next bull cycle starts.
Fundamentals looking very strong:
- Verge FCAS (Fundamental Crypto Asset Score) is A (789)
- It is one of the 58 coins chosen by Ice Markets (mother company of BAKKT) to be included in...
Hello! I am not a professional trader. I just like to look at the charts and try to find similarities over time. Recently I noticed a similar pattern for The Mayer Multiple (the multiple of the current Bitcoin price over the 200-days moving average). The time period and the bouncing levels (0.70, 0.60 and 0.50) look very similar for the years 2014-15 and 2018-19.
XMR/USD price has been steadily increasing for the last 2 years within an upward parallel channel (on logarithmic scale). It seems to have broken downward from the parallel channel recently, which is a clear warning sign that it has lost its momentum.