Golden Cross on VETUSD potentially coming up next 10 days

50MA and 200MA were about to cross, but the 50 leveled off a bit. But, if we assume future price = MA price, In ~14 days the 50MA is going to spike upwards through the 200MA. We are currently above those MA prices however, so this should happen even sooner assuming we hold above those MAs of roughly $0.013-0.014. We would need to drop below those MA prices to break that trend and head further down. This is very possible, the biggest factor being bitcoin. If that were to happen, we could see as low as the $0.009 range. However, since we are currently above those MA levels, and I personally expect us to at least hold around this level for the time being, those MAs look destined to cross. If that happens, $0.03 is just around the corner.

Lets wait and see what happens over the next few days before making a move.

Bình luận:

If the Golden Cross confirms, that would be a major buy/long signal.