BITTREX:XVGBTC   Verge / Bitcoin
too great of an idea to fail, patience will prevail

Comments

Multiple bullish flags, mate?
Reply
gsoop jpitoy
@jpitoy, in my opinion, this coin is too new to say the trends react to bullish flags. maybe for forex pairs where they've repeatedly shown certain patterns, but as for cryptos i think simple trend lines and supp/res zones are sufficient enough to see the trend. Not to mention we need a SOLID release of Wraith in order to see how strong the market feels about XVG.


I did notice as i'm replying to this that my analysis was incorrect as to how soon we expect a rise, but that is a daily trendline that XVG is playing with right now. Technically, a close beneath that line should bring the bears to full force pushing back down to our 800s. If the bulls come in, expect to see that 2000 zone broken in no time
Reply
jpitoy gsoop
@gsoop, Hi! I did observe the break in support. The Verge had a buggy Wraith Protocol in Windows, even in their Mac version release. We're hoping they could fix this before any dumping.

Will 800 be an expected support?
Reply
gsoop jpitoy
@jpitoy, 800 would be the next support, next one down i'd say would be 600 or so... but hopefully they will figure out all the bugs before everyone decides to dump. Stellars been recently mentioned on CNBC which probably caused it's double at the moment. All eyes are turned away from XVG it seems, just gotta wait for the official announcement.
Reply
gsoop gsoop
@gsoop, remember, these "supports" are not on the dot - they are rather ZONES, technically, we can say we're ranging on support zones
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if go to 22k i pay for you :))
Reply
gsoop phanmemvietnam2005
@phanmemvietnam2005, by the end of the year this should be an easy goal for XVG. no one else in the market has their game plan
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