Verge XVGUSD uptrend?
The XVG/USD price has gone full circle since December like many of the other alts. The daily chart looks quite ugly honestly. I decided to just do a short term chart analysis for the time being.
Below you can see a decent short term uptrend has formed. I am being very cautious on any bullish movement though and right now I would only buy at the bottom of the channel. The price currently is below where the price was on the two volume spikes which I circled. That usually isn't a good sign and I would like to see more movement above the orange line.
Give me a follow, upvote, and comment if you find any of this informative. I would love to hear bullish and bearish perspectives. Also, please don't make any trading decisions based on my opinions.
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