Malstryfe
Singkat

Verge Price Prediction Using Moving Averages

BITTREX:XVGBTC   Verge / Bitcoin
Right now the price position is so far away from the EMA 15, that it's going to have to come back down. It almost looks as if we have a tweezer top developing, although the day is not over yet. The RSI is WAY overbought. Not a good time to be buying.

If you do not own any, I would wait for an entry point closer to the EMA15. If you do own XVG, it would be a great time to sell right now, and take some profit.
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