I have attempted count on count for XVG and it just seems like it can't make an impulse wave up again. Not even a subwave up like on the 15 minute chart! We get a spike in , go to correct, and get 0 bounces. I guess "Technically" we still haven't retraced 100%, so this is not a failed wave yet, BUT Verge is in a pretty ugly channel right now. You could argue it's got a little sideways action going right now, which isn't a bad thing. But sideways action can only go on for so long until there's just a steady drop in price or a massive move up.
All hope is not lost, but there are a lot of odds stacked against XVG. If you do enter a trade, make sure to enter on confirmation! For me that would be closing above 700 sats on a high time frame, and having Support + Support.
Good luck out there!