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XVGBTC

XVG has no choice but to break out from a massive falling wedge.$xvg Verge has been forming a falling wedge since april 2019 and unsuccessfully tried to break out 4 times. The pressure on the dynamic resistance (green line) is now huge as we are approaching the bottom level around 38 sats. Verge has to break out no later than September 10th or we will explore new lows around 32 sats. If xvg breaks out the first target will be the resistance marked by the blue line around 50 sats. But the most important resistance is marked by the red line and is around 55 sats. After breaking it, verge will start a new uptrend and potentially a bull run. TP 1: 50 sats TP 2: 55 sats massive resistance Tp 3: 70 sats accumulation zone Tp 4: 90 sats accumulation zone Tp 5: 100 sats massive resistance Tp 6: bull run
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by TontonLowan
XVGBTC: going to zero?I don't care about these coins - they'v been good for pumps/dumps but nothing else. There's no economy being built around them. I'v never seen a partnership that wasn't a price manipulation scam. So I don't believe that any of them have any genuine fundamentals outside of bubblenomics. I think most will return close to zero sats within the next 12 months. Verge is a good example and I'v been watching it and trying to play bounces, although I haven't touched it for a long time. The price action is deflationary, I don't see any real action now. The indicator suggests further decline too, perhaps into 2020. I will keep watching, but I am bearish on alts. For those waiting for the Alt Spring, I would say only that the alt breakout of 2017 happened only after BTC reached its previous ATH and, of course, it was part of long-term bullish move where people actually believed these projects had merit... clearly they don't and it's also clear more and more people know this.
by RealMcafee
1
XVGBTC both scenarioXVG is located in a sensetive zone, there is an Ascending Triangle in this chart and if it breaks from each side price will continue to that direction !!! The possible zones which price can touch has been shown in the chart by white lines. According to Andrew's Pitchfork's Tail which located in into the fork and reducing momentum, it seems that price prefer to stay in Andrew's Pitchfork. If price can break triangle from upper side we will have these Targets: TP1 : 0.00000062 TP2 : 0.00000090 TP3 : 0.00000158 SL: 0.00000038
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by navidnamashiri
POSSIBLE LONG Opportunity For VERGE ApproachingVerge right now is clearly still trending downwards but it looks like it MIGHT be time for it to break up to at least the upper trend line again. It's also currently re-testing the previous all time low that it just went below a couple of days ago so to be safe the most recent downtrend certainly needs to be broken! Watch this chart to see when the downtrend breaks! Remember, "The trend is your friend!" Make sure to follow me for more Crypto and Forex charts! Feel free to leave a comment below as well but please be kind in any comments with a focus on all of us growing together! After all, we're all here to learn and make money right?
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by Jabest
Verge To Challenge EMA50 For The 1st Time Since May (147% PP)Verge (XVGBTC) is going to challenge EMA50, which is sitting at 76 satoshis for the first time since May. From the current price, that's about 15% profits potential... But that's not all, we believe that it will go even higher and challenge EMA200 at 135 satoshis, which can generate up to 100% profits. The downtrend has been broken and XVGBTC is now trading above EMA10. You can find additional targets on the chart above marked with dashed magenta lines. The bottom brown line is our stop-loss. Only a full candle close below this level would invalidate the above setup... Wishing you a great weekend as well as lots of wealth, happiness and success... And remember, that you are a Divine Soul, and you will always Deserve the Best! Namaste.
XLong
by AlanSantana
3