XVG is obviously oversold as well as the rest of the market. However it's a solid currency with huge community support one of the top 50 on coinmarketcap. XVG is sitting on fib level around 170-175 sats and near 1.5 year support line around 159 sats. Short term movement depends on current market sentiment (mostly on BTC) however long term XVG is definitely bullish. Green - buy. Red - sell.
It's not a financial advice. Trade carefully and good luck!