Long
XVG Next Bull Run? Watch the MA
Updated
The 9, 13, 21 hour moving averages are approaching the 55 hour moving average. If all three cross over, possibly in the next three hours, this will be a VERY bullish indicator and should lead to a significant increase in volume.
My target is 996. I don't think it will break 1000 on the initial run but if it does look for 1030.
My target is 996. I don't think it will break 1000 on the initial run but if it does look for 1030.
Note
The 21 hour is crossing now. If this holds buy volume will start coming in the next hour.Note
Just noticed I labeled the MAs wrong. Blue should be 9 hours and yellow should be 21 hours.
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