Bitcoin’s growth has slowed down in the past few days, but this has not deterred altcoins from pushing forward. The largest altcoin, ethereum, has broken past $2600, and other smaller altcoins have been benefiting from this growth. Voyager is among the best performing altcoins in the market currently.
VGX is trading at $3.43 on major exchanges at the time of writing after a 19.8% gain.
VGX Price Analysis
Last week’s crypto bull momentum seems to have faded, as BTC struggles to hold $39K. Altcoins are known to mimic BTC’s trend, but few, such as Voyager, are showing resilience and are moving to higher ground.
Voyager’s uptrend in the past week has been nothing short of phenomenal after recording an over 65% price gain. As one of the best performing coins currently, most market signals indicate that it is a good buy; hence traders could rally up buying support that could push prices even further. This upswing could lead to a breakout past $4.
On the other hand, there is also the chance that VGX could retreat if the current uptrend reaches exhaustion. In this case, VGX will retest lower support at $2.40. A retreat now could trigger selloffs; hence VGX could lose most of the bullish gains made in the past week.
The VGX token has created quite a buzz in the online crypto community because of the recent acquisition of Coinify through an $84 million deal. This business development has also been attributed to the 69% hike in VGX prices in the past week.
Coinify is a cryptocurrency platform available in 150 countries. According to Voyager, the acquisition of Coinify will give it broader access to the crypto market in Asia, Europe, North America and South America.
Where to Buy VGX
If you want to buy voyager during the current upswing, you can create a cryptocurrency exchange account on the below platforms:
eToro is a leading exchange that offers low trading fees. It is reputable among new traders because of the social copy trading feature that allows them to learn from market experts.
The other platform where you can buy VGX is HitBTC. This is also another leading exchange that allows you to buy VGX using different trading pairs. HitBTC also offers a user-friendly interface that makes it easy to trade on the platform, even if you are a beginner trader.
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