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 . 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 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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