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CryptoManiac101
Dec 2, 2021 1:29 AM

VERGE IN MASSIVE ACCUMULATION PHASE - CryptoManiac101 

Description

VERGE / USD TA

Verge has moved into what can only be described as a massive accumulation phase which may be indicative of a massive pump we're about to see here. $0.021-$0.023 should not fail as support, and should be used as a launchpad for a move higher towards 5 cent region. If that region fails and we see a drop below, $0.018 comes to mind as the next and only strong remaining support for Verge in a form of a sideways trend channel.

At this time it looks good if that highlighted region highlighted in red is maintained & I would be looking for a parabolic move thereafter.
Comments
MoonBag
XVG had an audience back in 17/18 - The strong members of the team have left and the founder gives me some bad vibes. In 17/18 I think they had a pump partnership with MindGeek, but what is there today? Their github lacks commits and contributors. Is it really a privacy coin? If it pumps, it will go 1x brought on by the founder and few others pushing the price to sell off quick.
lenar397
@MoonBag, I agree with you
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