Verge Price Prediction Using Moving Averages

Right now the price position is so far away from the EMA 15, that it's going to have to come back down. It almost looks as if we have a tweezer top developing, although the day is not over yet. The RSI is WAY overbought. Not a good time to be buying.

If you do not own any, I would wait for an entry point closer to the EMA15. If you do own XVG, it would be a great time to sell right now, and take some profit.
Trend Analysis

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