Will Everex Do A 900%+ Jump? MA200 Conquered

We are now looking at the altcoin pair EVXBTC (Everex) and we will focus our attention on just one single indicator... MA200.

Prices for EVXBTC are now trading above MA200 (black line) for the first time since June 2019 when it broke below it.

Last time that EVXBTC managed to stay above MA200, it produced a very strong bullish wave in excess of 500% of gains/growth.

Now, looking at this past scenario and comparing it to the present time, this is the first break of MA200 so there can be a retrace before the "big jump" just as it can happen right away.

I am not setting any specific timeframes for this signal, the arrows and numbers are for illustration purposes only... Yet we believe that EVXBTC will make a very strong move soon.

Thanks a lot for reading.

Namaste.

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EVXBTC (W) Weekly