Hello guys how are you doing?
XVG chart is showing an interesting pattern . I can see a cup and handle pattern has been formed and this might lead to a impulsive Elliot wave with a target upto $0.18 .
Please see the analysis below. If the price goes as per the trend showed below then I can see another higher degree cup and handle to be formed in future and that will lead verge to higher high . An opportunity for massive profit.
We also need to observe how bitcoin is performing this time. Any downfall in bitcoin may nullify this cup and handle pattern impact.
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