Verge Price Analysis XVG / USD: Dead Cat Bounce

Verge has a bullish short-term trading outlook, with the cryptocurrency now trading above its 200-period moving average on the four-hour time frame.

The four-hour time frame shows a large head and shoulders pattern, with buyers now attempting to invalidate the bearish pattern.

Technical indicators on the four-hour time frame have turned bullish and continue to issue a strong buy signal.

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