#Verge Entry:600-610 sats (if Support at 200DMA holds) $xvg #xvgbtc
#Verge Entry:600-610 sats (if Support at 200DMA holds) $xvg
Verge has retraced beyond the 61.8 fib resistance and it is currently trading below the 20,50 &100 DMA's
Good support for verge will be the 200DMA level which coincides with the 78.6fib support as well around 600-610 sats.
If the 600-610 support region holds then we can expect a bounce to upper resistance levels for #xvgbtc
Target 1 will be: 780-820 sats around the resistance confluence zone including 61.8fib resistance along with 20&50 DMA's
Target 2 will be: 980-1020sats around the 38.2fib which also lies around the 61.8% (reverse-fib) of the move from wave 1-5.
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