Technical Analysis: - In 2017, Verge has done a 1600x move. Top at $0.32 per coin and $3.6 billion dollar market cap. - The likely scenario for XVG is to reach $1.2 which is 3.75x from its ATH, Market Cap 13.5 billion dollar. - However, Bitcoin has reached 1.618 Fib level and expected other coins to do the same which would make XVG $8.5 and Market Cap of 94.5 billion dollars 3600x (This is unlikely to happen but if it does, don't be surprised). - I would like to talk about human psychology which is the foundation of Technical Analysis. - We have seen many FOMO cases such as Doge, Shib, Safemoon, NFTs,... so Fundamentals would drive the sustainable and stable move for solid projects but price movements would be attractive to newcomers. - New projects that solve some problems would do good but I would say it's more risky. There are maybe 10 promising new projects but only 1 of them would make it.
Fundamental Analysis: - Verge has done a good job on making it as payment currency. - The narrative of being "currency" gradually died out and smart contracts, Defi, NFTs, Gaming, ...are now booming if XVG can grasp this maybe we will heading somewhere. It's just my very limited knowledge about TA and FA, please share your view on Verge Currency. NFA.
The thing most people are missing is that this alt season we can see 7_10trl mcap. So even 100 bil mcap will be nothing when alt season and its upto whales if they want they can take it it whatever price they can for them if they took it to 30 cents they can take it to even 30 usd its all upto them
Hai10Year
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Now it's definitely whales game. We just have to ride with the waves otherwise we will be crushed. Prepare for best case and worst case scenarios
DukeDinhd6
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Not on big US exchanges. 30 cents max
Patchyq13
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@DukeDinhd6, It wasn't on big US exchanges before when it made huge moves - however, it is on Bittrex in the USA.
creek77
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Thanks for your sharing
Ysn79
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Why couldn't it make it to $5. I think easy. If dogecoin with so many coins in circulation reaches 0.74 cents. Will xvg certainly be able to achieve 5x more. To pump the doge they used elon musk. To use more buyers. And if xvg is going to be used in the porn industry and flight company, they will not work with little money.
Hai10Year
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@Ysn79, I can see it happens with 5$. My stake is worst case XVG will hit 1.2$ and best case is 8,5$. So anything in between, I am prepared.