XVG is currently tracing out a falling wedge pattern on the chart, which traders often watch as a potential setup for a breakout move. The setup suggests that if buying pressure builds and momentum kicks in, the price could be targeting the $0.008020 level in the near term. The wedge formation typically tightens price action before a directional break, so the key is watching whether volume picks up to confirm the move. If support holds and consolidation continues, this could shape up as an interesting entry opportunity for those tracking this altcoin's technical setup. #XVG #XVGUSDT #crypto #altcoin
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
3
Repost
Share
Comment
0/400
Deconstructionist
· 7h ago
NGL, the wedge pattern is back again... When was the last time I was so optimistic about it? I’ve already forgotten, but as long as I didn’t make any money, haha
View OriginalReply0
NeonCollector
· 7h ago
The prelude is back again. Can it break the level this time?
View OriginalReply0
liquidation_surfer
· 7h ago
It's another falling wedge. I'm tired of hearing this routine. Are you awake now?
XVG is currently tracing out a falling wedge pattern on the chart, which traders often watch as a potential setup for a breakout move. The setup suggests that if buying pressure builds and momentum kicks in, the price could be targeting the $0.008020 level in the near term. The wedge formation typically tightens price action before a directional break, so the key is watching whether volume picks up to confirm the move. If support holds and consolidation continues, this could shape up as an interesting entry opportunity for those tracking this altcoin's technical setup. #XVG #XVGUSDT #crypto #altcoin