XVG has broken out of a descending channel on the 8-hour chart, indicating a reversal in momentum and a shift towards a bullish market structure. This breakout, marked by a decisive move above descending resistance, suggests seller fatigue and renewed demand, with analysts projecting a potential 45% upside from the breakout base. The price continues to press towards the upper target zone, maintaining a constructive short-term bias as long as it holds above former resistance levels. On a broader scale, XVG's monthly dominance chart shows signs of accumulation and compression beneath long-term resistance, hinting at a potential macro transition. The price has stabilized within a horizontal demand zone, with repeated tests producing higher lows, indicating supply absorption. The RSI has recovered from oversold levels, reflecting stabilization and gradual strength in relative performance. Additionally, XVG's relative strength against Bitcoin dominance suggests long-term accumulation, with an ascending triangle forming on the monthly timeframe. This structure, characterized by higher lows against a flat resistance band, often precedes expansion when confirmed by a breakout. Moving averages have flattened and converged, reducing downside pressure and setting the stage for potential upward movement.