BLOCKv Challenges EMA50, Over 240% Possible If It Breaks

3 Apr 2020

VEEBTC (BLOCKv) just hit 12 satoshis for the first time since 4-March, this can be something good as it can become meaningless, but most likely good when you take into consideration the following signals:

BLOCKv Chart Signals by Alan Masters

• First we have the 12 satoshis hit (0.00000012).
  
• At the same time, this level is also a break of EMA50.
  
• Trading volume is going above-average.
  
• Many altcoins already printed their bottoms and confirmed a bullish breakout.
  

The indicators are also looking good.
The RSI is at 54 while the MACD is trending up with bullish divergence showing with VEEBTC.

As you can see, prices can easily increase for VEEBTC.

Namaste.