Hi everyone, next analysis of xvg btc verge btc is on cards... I would like to mention first that supply of Verge Coin is at 99% and there is not much left, so if you think if its good time to get into verge, i would say it is because when the supply will get to 100% there won't be anymore coins coming and that should reflect in price going up.
As of writing price of XVGBTC is 58 sat, and we are currently above strong resistance level, price may aim for futher gain towards 66 sat where we have potential resistance which in my opinion won't be respected or just for a short period of time, as we have stronger resistance at 72 sat which should have a bigger impact on price of verge coin. Next resitance is at around 92 sat, and from there I would expect price to go toward 100 sat and next 150+ sat where 1.61 fibonnaci extension is.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
As of writing price of XVGBTC is 58 sat, and we are currently above strong resistance level, price may aim for futher gain towards 66 sat where we have potential resistance which in my opinion won't be respected or just for a short period of time, as we have stronger resistance at 72 sat which should have a bigger impact on price of verge coin. Next resitance is at around 92 sat, and from there I would expect price to go toward 100 sat and next 150+ sat where 1.61 fibonnaci extension is.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."