Long
$XVG is the TRUTH
XVG is here to stay. The price action has been looking good after a fast steep correction. This is characteristic of the 2nd or 4th wave in Elliot Wave theory.It is time for
XVG to regain the Volume Weighted Average Price ( VWAP ). As seen in the graph, it was resistance but recently tested. There is a ton of support right now and confluence of the simple moving averages ( SMAs ).This has hall been on small volume and when the volume comes back in you are going to see a lot of
XVG news come out. Do not FOMO in #NotFinancialAdvice.My targets for
XVG are as so....T1 - $.25 (as resistance)
T2 - $.50 (then retest $.25/$.30 as support)
T3 - $3.75 (Mid altszn peak. Assuming
XVG gets top 10 by total market cap ~$60 billie)Final Boss - $10-20 (this is considering total marketcap and assuming the Lindy effect. Over time
XVG should approach a $1 trillie MC which means $60/XVG)Lindy effect - en.wikipedia.org/wiki/Lindy_effect
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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.