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CryptoManiac101
Jul 2, 2019 10:38 PM

VERGE - USD PAIR IS LOOKING FOR POSSIBLE BOUNCE Long

Description

XVG / USD TA
Comments
UnknownUnicorn3259845
Sir, do you have view on longer term xvg?
UnknownUnicorn3259845
Thanks!
SpartaBTC
A good idea. Good job. I support your point of view.
astoinis
But where the volume at? No buyers out there
CryptoManiac101
@astoinis, Volume actually doesn't matter that much
astoinis
@CryptoManiac101, but buyers do. we can't break past 1cent....technically 1.2 cents. volume will come with price, that much we are in agreement on, but i just dont see this rising unless its due to a BTC pump...and even then i see the sat value dipping even harder. Less some huge announcement, like a new US based exchange listing, i think we see verge channel sideways for a couple more months. I hope im wrong. Id love to see some relief rally for xvg just to peak the interest of new investors.
TobiasSombrowski
@astoinis, Mining reward halvening. This time in september will not be a halvening, reward will drop from 730 per block to 123. So this "halvening" maybe the driving factor this time.
astoinis
@TobiasSombrowski, thats interesting....when i charted this out in March i figured a september time frame would make most sense when the price will literally turn the corner.
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