At this moment 1hr volume is still around 29500 btc.. which is huge. Volume or RSI on itself doesn't mean much as Verge made its way up to 2000 sat. with 3 steps of lower volume... So if we just got more buyers than sellers... this thing could shoot back up...
I am only afraid it was a short time hype, due to the vague partnership announcement and social media hype about rewarding loyal Verge investors...
Of-course if the good news which was introduced on April 1 is tru on April 17, respect... but it might have been an April Fool's day... though I would doubt it because this would end their reputation...
Looking at the graph, there's a big similarity with bitcoin and other alts after a hype...
I am only afraid it was a short time hype, due to the vague partnership announcement and social media hype about rewarding loyal Verge investors...
Of-course if the good news which was introduced on April 1 is tru on April 17, respect... but it might have been an April Fool's day... though I would doubt it because this would end their reputation...
Looking at the graph, there's a big similarity with bitcoin and other alts after a hype...
Trade active:
Verge going insane again... everytime I think it won't get over the obstacles and make a huge retrace before going up... unless Tron, it continues the path up like a real bull ! I see a rising wedge.. if this was bitcoin.. down ! We have 6 more days to be bullish and then it could go both hard up or down, when the news comes out !