XVG has started to pull back after reaching the resistance zone, currently trapped between two trend lines. To be honest, this downward correction is too strong and not very stable. As long as the price stays below $0.0839, I tend to believe that the bearish trend is still ongoing. In the short term, it is important to watch whether this key level can be effectively broken through.
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GasFeeCryBaby
· 01-08 18:07
Really, the 0.0839 level is holding tightly, and it gets hammered down after a rebound. So annoying.
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Gm_Gn_Merchant
· 01-08 18:01
You really have to keep a close eye on the 0.0839 line, or you'll get trapped again.
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FarmHopper
· 01-08 17:53
0.0839 this level definitely needs to be watched closely, or else you'll have to keep messing around again
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MechanicalMartel
· 01-08 17:48
0.0839 is really holding strong at this level; it seems like breaking below might take a little longer.
XVG has started to pull back after reaching the resistance zone, currently trapped between two trend lines. To be honest, this downward correction is too strong and not very stable. As long as the price stays below $0.0839, I tend to believe that the bearish trend is still ongoing. In the short term, it is important to watch whether this key level can be effectively broken through.