- VGX token price manages to sustain above the 0.0017 resistance level.
- The rising EMAs project a rise in underlying bullishness.
- The token pair VGX/BTC trades at 0.0001413 BTC with an intraday gain of +4.15%.
The VGX Token price has been in a massive consolidation since May between 000082-0.0012 levels. However, the recent price jump of more than 90% in the last 48 hours by the enormous rise in token demand has led to a bullish breakout.
Bullish RSI indicates a gradual increase in slope. The RSI indicator could, therefore, soon reach the overbought zone.
The ADX indicator indicates a high momentum trend.
The token price trades higher than all the significant EMAs on the daily chart, supporting the 200-day EMA. However, the rising EMAs project briefly bullish crossovers if the trend continues.
Presently, the VGX Token price is valued at $6.46, with a +59.68% gain in the market cap within the past 24 hours, projecting a rise in underlying bullishness.
The intraday trading volume of the coin has managed to raise more than 250% in the past 24 hours, indicating a boom in the number of buyers as the price breaks critical resistance levels.
VGX Token Price Social Sentiments
The Galaxy Score measures a coin’s performance VS. itself over time and how it is trending over the last 50 hours. It generally indicates how healthy a coin is by looking at combined performance indicators across markets and deep social engagement. Scores more significant than 50 are generally bullish, while scores less than 50 are generally bearish.
Presently, the Galaxy Score of the VGX token is 66 projecting a bullish overview for the token in the social arena.
Conclusion: VGX Token price finally sustain above the 0.0017 marks, resulting in a bullish rally shortly. Investors hoping for a reversal might want to wait till the price breaches the mark again.
Support: 0.0017 and 0.0012
Resistance-0.0023