According to crypto analysis from @best_analysts, Voyager Token (VGX) is showing a bullish “falling wedge” pattern on the 3-day chart
Cryptocurrency analysis firm @best_analysts has identified a bullish falling wedge pattern forming on the 3-day chart for Voyager Token (VGX), hinting at a potential 220% price surge.
As the price trends lower, a falling wedge forms when the price oscillates between two descending but converging trendlines. This technical chart pattern is widely recognized as a bullish reversal signal.
Best_analysts projects a price movement from the current levels around $0.09 to the $0.31 region if VGX breaks out from the falling wedge formation. Such a breakout could trigger a flurry of buy orders from traders looking to capitalize on the bullish momentum, driving VGX's price toward the top of the projected channel.
The analysis is based on 3-day price movements, and the price targets are valid for that timeframe. Keep in mind that cryptocurrency prices are highly volatile and can change rapidly, so it's crucial to stay up-to-date with the latest market movements and adjust your trading strategies accordingly.
To stay informed about the latest crypto price movements, follow @best_analysts on Twitter for regular updates and analysis.
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