Verge is a project based on the Bitcoin source code that is focused on privacy and stealth transactions. Anyway, XVG has been in a downtrend almost since the beginning. As can be seen, when XVG broke the second downtrend line, a strong upward wave started. Now, Verge is oscillating in a sideways channel. Let's see when XVG breaks this area upward.
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So, it seems XVG is moving up linearly, brick by brick, moving from one consolidation area (sideways channel) to another. Currently, XVG is starting another upward move. Let's see if it can break this area upward or not.
So, it seems XVG is moving up linearly, brick by brick, moving from one consolidation area (sideways channel) to another. Currently, XVG is starting another upward move. Let's see if it can break this area upward or not.
XVG is trying to break the sideways channel. Let's see what happens.