XVG had quite an exciting run a couple weeks ago. Whether considered a pump and dump or too much excitement surrounding the release of it's new platform, Wraith Protocol, which unfortunately did not meet the deadline the public was expecting.
Since, it has dropped lower, and lower, and lower still until it has been literally hovering on top of it's long term support for the past day.
The RSI doesn't seem to point to either direction, so your guess is as good as mine as to whether it will rise or fall into oblivion.
Since, it has dropped lower, and lower, and lower still until it has been literally hovering on top of it's long term support for the past day.
The RSI doesn't seem to point to either direction, so your guess is as good as mine as to whether it will rise or fall into oblivion.
Note
XVG's 1-hour chartNote
XVG's 15-minute chart
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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.