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RE: Technical Analysis on Verge (XVG).

in #bitcoin7 years ago

Been having similar thoughts on XVG. However I have few doubts.

xvg.jpg

What I see is huge retrace, and levels on 1000 - 800 being between 0-26.8 FIB move from the huge support it has around 600 satoshi. From this perspective, entry on anything above 1000 satoshi is extremely ambitious.