VERGE, XVG/USDT 1D TFHello Dear Traders,
Today we'll discuss above VRGE XVG/USDT, BINANCE:XVGUSDT As we can see XVG in a falling wedge in 1D tf, a break out above and retest could be a potential move up to the 1D tf cycle Target 0.003302
We saw the behavior of the Price action on the date of Halving which was estimated on April 3rd. Every halving depends on the block height, to know more about XVG Blocks check- verge-blockchain.info
Verge is a decentralized cryptocurrency that aims to provide fast, secure, and anonymous transactions. It uses multiple anonymity-centric networks such as TOR and I2P to mask users' IP addresses and geolocation information. Here are some of the key features of Verge:
Privacy: Verge aims to provide private and anonymous transactions by masking the users' IP addresses and geolocation information.
Fast and low-cost transactions: Verge uses the Simple Payment Verification (SPV) technology to provide fast transaction processing and low transaction fees.
Secure: Verge uses advanced encryption algorithms to secure its network and transactions.
Community-driven: Verge is an open-source project that is maintained and developed by a decentralized community of developers, contributors, and users.
Recent developments:
Verge has been actively working on its codebase and network to improve its privacy features and transaction speed. In 2021, Verge announced a major codebase upgrade called "Lumos," which includes significant improvements to its privacy features, as well as transaction speed and network scalability.
Verge has also been working on expanding its adoption and use cases. In 2020, Verge announced partnerships with several payment processors and merchants, such as NetCents and XcelTrip, to allow users to use XVG for payment transactions.
In addition, Verge has been integrated into several cryptocurrency wallets and payment platforms, such as CoinPayments and Edge Wallet, to make it more accessible to users.
Verge is also exploring the possibility of incorporating the Lightning Network technology to its network, which would further improve its transaction speed and scalability.
Always DYOR ✔️
Lets see how Time and Price Action unfolds Patters,
Trade well my Friends,
Stay #SAFU and Let that Sink in 😉
