Bullish Verge (XVGBTC) - UpTrend - Slowy & Steady Growth

I just wrote about TRON (TRXBTC) recently, you should check it out, Verge (XVGBTC) is on the same spot as Tron but showing a little less interest from the people/traders.

The low for Verge (XVGBTC) was created on mid August, when September came a higher low was created, thus putting XVG on an uptrend.

Here are some of the signals why Verge is turning bullish:

• We have increasing green/bull volume. This is always a positive signal for the bulls.
  
  
• We are now trading above EMA10 and EMA50. These are early signals of a change of trend. These are the first resistance levels to break.
  
  
• The RSI has been in an uptrend and strong since hitting August low.
  
  
• Huge potential for growth... Clear buy signals when you look at the weekly chart...
  

Here is the weekly chart:

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Namaste.

Commentaire:

My XVGBTC trade: