Verge XVG/USD is trading at 0.052. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Verge. The test is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.050, from which we should expect a rebound and an attempt to continue growth with the target close to 0.075.
Verge forecast & analysis XVG/USD April 7, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for sell of Verge cryptocurrency, due to the crossing of signal lines at the level of 0.058.
The cancellation of the variant of growth of quotations of Verge will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.040, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations XVG/USD stands with a breakdown of 0.060.
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