VGX chart by TradingView
The VGX crypto price continued rising as investors focused on Voyager Digital’s acquisition. As it rose, the token rose above the key resistance level at $0.5592, the highest level on February 22. It has jumped above all moving averages while the MACD has moved above the neutral point.
Therefore, Voyager will likely pull back in sync with other cryptocurrencies as the focus remains the Federal Reserve. Investors will also focus on the hindrance to the deal. If this happens, Voyager will likely retest the key support at $0.50.
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