✳️ Verge | Bulls Confirmed [12,796%] (Name Your Altcoin #22 ✅)

Verge (XVGBTC) is in a good spot, it has been dropping since December 2017 and it is now ready for a major bullish wave, after 4 long years.

First is the weekly chart with the current price action: snapshot

Here XVGBTC has confirmed the 12 satoshis low as a strong support after testing it three times in 7 months and always holding.

This is the lowest price seen since May 2017.

Now, let's zoom out!
snapshot

The potential from the current price to the May 2021 is huge, 874%.

Now, let's go further back... I had to activate the log scale to be able to see the candles, the potential extends to 12,796%.


Here is the chart: snapshot

We are currently within a consolidation box, or a triangle, before the next breakout.

Based on different charting methods, market cycles and experience, the next break should go to the upside. (Time will tell).

We are not greedy, 100-300% is enough but the long-term picture looks bright.

Thanks a lot for the continued support.

Namaste.
altcoinsBeyond Technical AnalysisTrend AnalysisvergeWave AnalysisxvgXVGBTC

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