There is still room for growth even if the prices oscillate. Most people are focused on " to the mooooon! " and draw charts with ridiculous breakouts. What has been constant in my analysis so far is that if the current trend holds, we can expect steady, if slow growth for XVG. However looking ahead to the end of the month we might arrive at pivotal point as the...
After the recent jump to 1700, will briefly drop but reattempt, then drop, consolidate and try again for the all time high. The dates are expected to be fulfilled.
XVG value in fiat has increased, indicating current trend in consolidation has taken hold. The next dip in BTC will see XVG push upwards.
Comparison of XVG to BTCUSD shows an almost inverse relationship, indicating current price trends are purely driven by speculation and not from investors believing in the tech. Watch the BTCUSD movement and you can take an informed decision on where XVG will go.
We're all awaiting with baited breath to see what and how big XVG moves.
Potential pattern indicating a reasonable regular rise and fall with a trajectory of supported growth. Expected attempts at the three previous highs.
A more natural growth baseline. It may plod along for a while on this same gradual upwards trend until the next pump and dump attempt. It is noted that some agitators are still busy with their XVG FUD. Another pump and dump might not be too far away on the horizon? Or last desperate attempts to short XVG just a bit further, perhaps the dump did not go as far...
Given the trend, I'm hedging on a break out upwards when it completes the triangle as the sideways movement is consolidating the current price to form the next support line.