Verge - Approaching 78.6% retracement

Taking a look at XVG on the 4 hour chart. Verge has been consolidating since it's massive run up in December. I see a falling wedge pattern indicated in blue. Price action managed to break through a resistance line about 2 weeks ago, which has now become support. If this support line can hold, we could start seeing the price squeeze with that upper blue boundary until it pops. RSI is hovering above 30, but a bearish MACD. I imagine the price will continue to drop until support at 465sat and 330sat after that.