$XVG /USDT — A Gritty Market Thriller
Verge stepped into today’s session under heavy pressure. Price slid to 0.005897 USDT, marking a sharp −11.46% drop, a clear sign that sellers took control early. The market tried to breathe after hitting the day’s low at 0.005861, but the rebound was weak and cautious.
Bulls attempted a comeback near 0.00597, yet every push higher was met with fresh selling. The moving averages tell the same story: MA(7) at 0.005932, MA(25) at 0.005945, and MA(99) at 0.006208 all sitting above price, pressing down like a ceiling. Momentum remains tilted south.
Volume stayed active with 565M XVG traded, showing this move wasn’t silent panic—it was a loud, emotional shakeout. The 24h high at 0.006778 now feels distant, a reminder of how quickly sentiment flipped.
Right now, XVG stands at a crossroads. Hold above 0.00585 and the market may attempt a slow recovery. Lose it, and the bears may drag price into a deeper retracement. This isn’t just a dip—it’s a test of conviction.
#Xvg #WhoIsNextFedChair #MarketCorrection #PreciousMetalsTurbulence