Updated
XVGUSD to drop to new low before the next bull move
Currently XVG is stuck in the 0.056-0.062 range, and looking very similar to XRP. Due to the strong upmove in December, it is hard to find supports from the upmove on the daily chart. The next support found is at around the 0.02 area and it looks like the best place to buy XVG for now. There might be a bounce at the 0.045 level to make the chart look like a double bottom but I still think a new low is needed before the next upmove. I like Verge as a project, but currently BTC is just way better than any alt coin. Just wait for the drop and buy lots of verge at a low where people start calling it a flop.
Having said that this is all just for educational purpose only.
Having said that this is all just for educational purpose only.
Note
One final crash to the buy area, buy lots and lots and lots at the zone.
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