XVS/BTC (Small Bounce?)

💎Technical Analysis Summary💎

BINANCE: XVSBTC


-After over 100% increased from Oct 14 - Oct 17 high peak
-Its value today has declined by over -40% already
-The price is now trading at the last Fib level of support
-This is not a good sign of strength in terms of price action
-We might see a small bounce up reaction
-But if the Bulls can push the price back up to 3000s sat
-There will be trouble in the midterm price movement




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