XVG gets dipping, unexpectedly

In the early hours, the price smoothly surged from a bearish candle at $0.0328. It first raised to $0.036 and then to 0.0381. Yesterday, it deviated upwards from its parallel channel and began surging rapidly. When it was certain that it will touch $0.04 today, XVG switched to a bearish movement currently. Looks like the price may fall and sail in the previous parallel range again. With some buying pressure and bullish candle in hand, XVG can try to race further or sit back and sail at the $0.03 point. RSI seems to be within an average, marks at 52.

Resistance level is at $ 0.334
Support level is at $0.323


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