I would be paying attention if it can break 690 with a buy order at 695 to capitalise on the break out. (upper two purple lines)
Stop loss at lower purple line.
We are above the 20d and 50d ma and broken up the 4hr resistance line. Had confirmation of 2 x 4hr candles, but see a bearish engulfing 4hr candle.
What to see if there is a bearish confirmation to signal false breakdown. If not, could be a good buy signal as XVG breaks out of downtrend.
