Although on the 2nd of January price broke above the , 200 Moving Average and the resistance at $6.8. It seems that VertCoin could be getting higher once again, although it is unclear whether it will be the final wave up before the correction, or a continuation of the uptrend.
The key resistance is at $10.4 where 361.8% applied to the corrective wave down after the resistance breakout. It could happen that VertCoin will produce a near the $10 psychological resistance, which is the key at this point. Break above, or a rejection should provide more clues about the further direction. On a downside note, break below $5.5 support should invalidate outlook.
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This market is nor bullish or bearish, more stagnant