Hello everyone, this is another update on XVG (Verge coin) .
Looking at Volumen we can see that there is a big spike in buyers, so you may think, why does the price don't go up? The basic analysis of support/resistance comes to my mind. After finding resistance at 1 fib extension, we may see a pullback all the way to 39 satoshi where lays 61.9 FIB from last rally. There is nothing to be worry about, another oportunity to get some more of it. Also bitcoin rally does support verge price to USD. Now we are awaiting for a stron rally towards around 70 satoshi.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Looking at Volumen we can see that there is a big spike in buyers, so you may think, why does the price don't go up? The basic analysis of support/resistance comes to my mind. After finding resistance at 1 fib extension, we may see a pullback all the way to 39 satoshi where lays 61.9 FIB from last rally. There is nothing to be worry about, another oportunity to get some more of it. Also bitcoin rally does support verge price to USD. Now we are awaiting for a stron rally towards around 70 satoshi.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."