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Xvgbtclong

Fib analysis of XVG starting to move, seems supportedIt has been a very volatile trip following xvg. Through all the disinformation and panic it seems to be supported as indicated on the charts and now has a balanced volume. The previous "ideal convex and concave" buy/sell volumes that supported it on the last drop have moved to being more linear with a higher sell wall at 2000. Currently teetering on the resistance line (red line) also indicated on the chart and is most likely moving into a more bull trend to continue its upper "bouncing-movement" mentioned in the previous post along the major orange support trend. Eager to see where it heads next.
Long
by thomas58700
75
Verge Is Dropping! Buyers Get ReadyThis is the 1-Day Trend of Verge, XVG. The other day, we were overbought. But Verge is making a healthy correction now, as it drops back toward the EMA 15 (Red Line). Get ready to start thinking about buying as 1) you see price move closer to the EMA 15, and 2) the RSI is less than 45%, or what would be even better is if it went below the 20%. Keep an eye on it. We might just get a good buy! I may just put a Limit Order close to the EMA 15 to catch a wick. Good luck!
Long
by Malstryfe
9
Is $TRX Tron the next $XVG Verge? 10x Growth Possible.Recently we saw $XVG go to the moon after getting a shout out from John McAfee on Twitter. But even without his shout out, Verge was already poised for major growth. Another Alt coin priced very low and on the verge of a huge breakout is Tron. Currently over at Binance, they are having a trading contest for $TRX and whoever ends up with the most volume wins a Maserati. The reason why I mention this is because this contest is actually stalling the coin from increasing in value. There are millions of dollars worth of bitcoin sitting on the buy and sell wall for Tron. These massive traders are constantly buying and selling TRON to themselves simply to increase the total amount of how much they have traded with the hopes of winning that car. This is preventing the price from rising at the moment and the reason why this is very important is because the contest ends Christmas day and at that point the walls will disappear and TRON may very well jump from 3 cents to 30 cents, in the same way VERGE did. Tron recently announced a partnership with OBIKE who rents out bikes in Asia, Europe & Australia. With this partnership, TRON network will have 40 million users including 10 million in Piewo, 20 Million in Gifto / Up Live and 10 Million with OBike. In the middle of December TRON jumped up by over 500% outperforming Bitcoin and the others. When Bitcoin fell, so did TRON, but I expect to see it go right back up. - TRX aims to "heal the Internet" by constructing a worldwide free content entertainment system on the blockchain. The protocol allows users to freely publish, store and own data, enabling them to own the rights to their content and decide when, how, and at what cost to share it. - TRX has already transcended Bitcoin and Ethereum to become the first smart contract blockchain protocol with over 10 million (m) wallet users in the world. - TRX supports all kinds of virtual currencies, as the official currency of the platform, TRX will be used for the conversion and circulation of the entire world’s virtual currencies in TRX. - TRX supports various kinds of blockchain networks and smart contract systems including Bitcoin, Ethereum, EOS, Qtum, and provides developers with multi-protocol infrastructure for entertainment app development and allows users to benefit from what it is described as “smooth” multi-protocol smart networks.
Long
by Migraine
4
XVG Verge - 83% Target expected over the next 12 hoursVerge is continuing this upward trend after a slight slow down today. I've been in and out of positions in Verge, but mostly in heavy now and will see how this pans out over the next 8-12 hours. Should complete within about 10 hours total before it slows again. After the rallies of this weekend, we may see an additional surge or correction on Monday, depending on how Sunday fairs. 83% is moderate as XVG has exceeded 100% growth in the past 24 hours. So we're just continuing this pattern and hoping for 300-350% over the 7 day period.
XLong
by Tin.Foil
15
XVGBTC Trade AnalysisI personally chose XVG as one of my top privacy coins. They have had a great run since launch, good team, healthy technicals and bright future. Analysis: XVGBTC is currently in a symmetrical triangle pattern. This is a famous trend continuation pattern, in this scenario breakout would favor a bullish run but breakout to the downside and below bottom line of triangle can be a STRONG SIGNAL of trend reversal or potential bearish movement. Symmetrical pattern breakout has been known to breakout: Full height of triangle from initial inception half height of triangle, or measure from apex -> top of triangle at inception. These breakout ratio's are popular for bearish movement as well. Blue boxes are price ranges and measure both of these. Fibonacci Retracement shows previous 2 cycles' retracement targets (0.786 - 1) Stoch RSI Shows overbought. It has not reached the top of the channel yet but with the way RSI is looking shows that there is room for movement back to the bottom of channel. This may be due to XVG Wraith protocol release today, I know many crypto-enthusiasts traded off this fundamental, so many are taking profits at this zone, giving it a little resistance and therefore, potential bearish movement. MACD Histogram shows it can potentially support upward movement. What did I do? I bought XVG at 90 sats and sold today 50% of my position at 133 sats for 48% profit half way up channel due to stoch RSI showing heavily oversold. I am currently holding the rest and set an alert for bearish movement at 120 sats. If It triggers, I will reanalyze and reconsider my position. I may consider selling the rest to re-enter at the bottom channel and ride the last swing or 2 up before we reach the apex & breakout. If it goes up, there is not much I can do but manage my emotions and make a concrete decision to either re-enter or find a better trade to allocate some holdings. Notes: Watch volume spike for indicator of strong bullish movement.
by JCBCrypto
6