As you see above while XVG price is rising RSI is going down, here is our bearish divergence, basically there is no room for growth in the next hours. If I would have XVG I would sell at this point and wait for the support levels to buy it back.
First down target: 1600 satoshi
Second down target: 1500 satoshi
Third down target: 1400 satoshi
Fourth down target: 1400 satoshi
Fifth down target (strong support zone): 950 satoshi
First down target: 1600 satoshi
Second down target: 1500 satoshi
Third down target: 1400 satoshi
Fourth down target: 1400 satoshi
Fifth down target (strong support zone): 950 satoshi
Trade closed: target reached
1600 satoshiTrade closed: target reached
down 1400 satoshi - Reached!down 1180 satoshi - Reached!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.