VERGE - PATIENCE IS KEY HERE - CryptoManiac101XVG / USD TA
After nearly a 3.8 Million percent gain back in 2017, we have retraced 99.54% thus far and we might not be done just yet as we are currently riding rising channel, which has high chance of breaking towards the downside at least in the short term.
Bullish case scenario would be a break towards the upside but that would require Bitcoin to be bullish as well, which is yet to be seen as we struggle to even stay above $10,000 resistance point.
At this time I would be a buyer if XVG reaches four zero mark or if I see some bullish action from Bitcoin.
Xvg
XVG/BTC - On the Verge of something specialWe all know what happens when XVGBTC wakes up. Turn a blind eye to the OG coins at your own risk! This is an ideal buying window that can set you up for a comfy #altszn. Refer to chart for five reasons why I like Verge at these prices.
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Verge (XVG) Retrace Complete, Time To Grow!We can say that XVGBTC (Verge) completed its retrace now that prices are moving back above EMA50.
The classic ABC Correction based on EW playout nicely and now we are starting to see new growth.
The altcoins market is now strongly bullish, so we can expect to see more; GREEN.
This is not financial advice.
Namaste.
XVG/BTC Binance XVG been in a 2 month long down trend now. This is not a financial advice but are you ready for what is coming ?
XVG MADE POSSIBLEthis could happen
it happened before
it can happen again
I bet a move like this would usher in some disbelief! LOL
Verge is an open-source cryptocurrency launched in 2014
Initially, the name of the cryptocurrency was Doge Coin Dark
Verge offers anonymous transactions, tangling the IP address and geolocation of its users using Tor and I2P technologies.
The main goal of the project is to provide individuals and businesses with fast, efficient, and decentralized transactions while maintaining their confidentiality.
The platform works on the Wraith protocol, which stands for technology that allows the user to switch between public and private accounts in the blockchain.
Verge uses a mixed algorithm which includes proof of work and 5 different hash functions: Lyra2rev2, myr-groestl, Scrypt, X17, and blake2s.
Update On Verge (XVG)I gave out the buy signal on verge back in late march early april for a long term position at 38 sats.
Since then xvg did have a nice surge in price and currently is having a pullback.
I will continue to hold the position as the 2 month chart now begins to compress.
I might consider to add more if we can hit support.
Verge | Bottom Line Is BullishRegardless if it happens in 3 days or 3 weeks, Verge (XVGBTC) will end up green.
We mapped a perfect retrace on the 1st of July (see it below).
Now that the 0.786 Fib. retracement level has been hit, which is also where MA200 is sitting at right now, Verge can work its way out of this correction and resume its uptrend.
The thing is that the technicals are all still bearish, so the 0.786 Fib. support/MA200 can break if prices don't go up right away.
Regardless if this support level holds or breaks, we are going to see Verge grow after a few weeks or maybe just a few days...
The charts are always changing... Make sure to do your own research and have a plan/strategy before you trade.
I hope this helps.
This analysis was done by your request.
Namaste.
XVG/BTC (Descending Channel)XVG/BTC
-Verge is on a daily downtrend since the top at 104 sat
-On the other side, it is forming a Bullish descending channel
-Confirmation is the breakout the trendline resistance
-The key area to watch is 57 sat as it has been previous resistance before
-Which has the high probability to flip new support territory
-Upside potential, it might revisit the 90 sat range in the future
XVG mid term. Aim to 146 Longin short term 78 sats
mid term 90-110 sats
long term 146 sats.
not an advice. just my vision
Whats your vision? Whats your favorite coins?
any good Projects you found?
XVGBTC completed bullish setup for upto 50% movePotential reversal or buying zone: 0.00000061 to 0.00000054 btc
Fibonacci projection or sell: 0.00000067 to 0.00000081 btc
Regards,
Atif Akbar (moon333)
XVGBTC bounced off of fibXVG bounced off of the bottom fib level and still looks bullish.
It still has low volume and the next volume can bring it back up as long as BTC.D stays down and bitcoin doesn't act weirdly.
Weekend trading is hard to get used to so I don't look at the charts on weekends but put your SL below that fib level.
Have fun and spend time with your loved ones!
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VergeCurrency XVG LongTerm ViewCheck This Baby #XVG LongTerm Similar to #XRP/USD CHART
MAIN LONGTERM Targets is $5-$50-$3000-$5000
Dont need to wait it in 1 Day, but In a years
Just Buy it and never Sell
XVG/BTCHello Guys!, I think XVG has completed wave 3 at 104 Sat, and now we are looking at an ABC of wave 4, A ended at %50 Fib which is 65 Sat, and B ended at 85 Sat, and now we are looking at C which I think will end at %61 Fib which is 61 Sat, if 61 area faild, we will see XVG at 46 Sat.
So, What do you think guys?
Verge (XVG) Going At It Again or ABC Correction?We are bullish long-term on Verge (XVGBTC) and all other altcoins pairs/cryptocurrency projects...
But, what is happening now with this XVG chart?
We are seeing many altcoins that just continue to go, they are growing and continue to grow, so we can expect the same here right?
Maybe.
It is possible we are witnessing the classic ABC Correction from EW Theory.
The dashed blue line on the chart is the support.
Below this line, we are likely to see XVGBTC complete the ABC wave and hit lower.
But if somehow XVGBTC manages to stay up, we can expect more bullish action and additional growth.
This is a very simple spot for us, since we buy at the bottom, right now we only wait patiently and continue selling on the way up.
See it below
Thanks a lot for your support.
Namaste.