Hello traders, Here I have checked the 4H chart of XVGUSD!
The price has had a correction move, after a long time peaceful, I predicted in my previous analysis and we got the price action!
After the short correction, the price is ready for a new up wave. Since price has hit a fibo support(0.5) , there has been signals of downtrend slowing . The candlesticks are showing the beginnings of a change of command from bears to the bulls.
I believe that price has found a true bottom.
I am expecting an up move up to begin, to reach target of at least 0.205. If price successfully breaks pressure level at 0.3, price could extend further to the highs.
I will be updating this analysis if it exceeds 30 likes.
@jeremyalain, Over $5 or more within the next 4 months alone.
TBFish
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It will be a few days from now, I dont think it will move in a day or two.
Trade-inn
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I sold it because of the bad news i red <Privacy Coin’ Verge is Allegedly Leaking Users’ IP Addresses>.. If this has happend to the anonymous coin I doubt it will soon go up.
@rafabrnd, Its really scary how fake news can crash cryptocurrency :/... all that mcafee scams and fake news are frightening. Someone long ago told me to "buy news and sell facts". Oh boy... was he right.
hellrod1
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@Trade-inn, I have a feeling that someone(s) really want to push down the coin. Like in the rumors with Mcafee. But the other problem is that the communication of the team is bad. Such stron coin with so many little disasters...