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Venice Token Tests 200-Day EMA After Recovering 100-Day Average

Venice Token Tests 200-Day EMA After Recovering 100-Day Average

Photo: TokenPost

As of 8 p.m. ET Oct. 19 (00:00 UTC Oct. 20), Venice Token (VVV) had recovered its 100-day exponential moving average (EMA) and was testing its 200-day EMA. The $30.90 area was a modeled liquidation level. The $30.90 area is a modeled estimate from a liquidation heatmap. Such a heatmap estimates where leveraged positions might be liquidated if a token reaches a given price; it does not predict that the price will be reached or represent guaranteed buy orders. VVV’s earlier 27% weekly decline was followed by a 4.46% gain in the 24 hours through Oct. 12, before the Oct.

Source: TokenPost

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