XVGETH Verge trend analysis
XVGETH has had a rough time however the coin looked like it was stopping with dropping. Let's see what is going on.
Looking at the image above we can see a clear support indicated by the black line. This is where Verge did support on for the most part, however the coin broke through that support. Now there are too possibilities for verge.
1. It continues to drop
2. It bounces up an touches the 90 EMA
To confirm which it will likely be, we use the Awesome Oscillator and William's alligator. Both indicate a bearish market.
To what will XVG do? It will most likely drop to the 0.0002852 levels.
Looking at the image above we can see a clear support indicated by the black line. This is where Verge did support on for the most part, however the coin broke through that support. Now there are too possibilities for verge.
1. It continues to drop
2. It bounces up an touches the 90 EMA
To confirm which it will likely be, we use the Awesome Oscillator and William's alligator. Both indicate a bearish market.
To what will XVG do? It will most likely drop to the 0.0002852 levels.
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