BITTREX:XVGUSD   Verge / US Dollar (calculated by TradingView)
The cryptocurrency market is overall long term bearish until proven otherwise, but many altcoins are hinting at a possible relief bounce as they approach strong support lines, are near the bottoms of channels, are oversold on the daily RSI , and playing within reversal patterns (falling wedges , etc.).

Here is a quick look at XVG, which has retraced 93% from its all time high.
VERGE

A truly decentralized project working with some of the most talented minds – Why do I say this

Has anyone heard of RSK smart contracts? (The world’s most secure smart contract) They are a very well respected and well-funded project working with some of the world’s best scientists and engineers. RSK recognized the talent of Justin Vendetta (Verge dev) reached out to Verge so they can work together – how is that for credibility?
RSK will be integrated into Verge and as a result Verge will reap all of the technological benefits including

- Being able to deploy or build any dApp onto Verge (meaning here we have a project that is not only a privacy coin but will basically be able to do what Eherium does as well) – If you do your research you will see that RSK smart contracts will definitely be giving Etherium a run for its money as they are developing quite the superior tech.
- RSK will launch Lumino. A combination of the best features of Lighting and Raiden network – Before end of the year RSK hope to launch this which will allow for 20,000 transacitons per second

- Verge will also be able to achieve decentralized cross chain trading via Saturn network (which will run off RSK - https://icobench.com/ico/saturn-protocol

Why will Verge succeed?

The single most important mission for any project that has a working product is MASS ADOPTION – Verge is always moving forward with the intention of mass adoption – Apart from getting on new exchanges how does a project reach those who are outside of the crypo community? Verge has the answer to that as they have partnered with Token Pay who have acquired 9.9% of a German bank with the option to make full purchase pending regulatory approval (which is very close) TokenPay CEO has been working tirelessly with regulators in order to make sure that Verge, Litecoin and TokenPay debit cards will be released – For any challenge that they have faced a clear solution has been found and implemented.

What else is yet to come?

- New codebase (not to be underestimated) as it is stated it will be rivalling bitcoin’s codebase
- 3 NDA’s yet to be announced
- Revised Blackpaper (with additional 10-15 pages)
- Ring CT integration
- Official iOS wallet + updates
- I2P Android wallet
- Mining update
- New Vendors
- New exchanges
- Merchandise store

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I understand it wrong its weekend sorry!
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Do we reach a ATH in july?
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Tastemaker Holllandd1
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Holllandd1 Tastemaker
@Tastemaker,
Just a question because your blue bar is lined with ath.
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Tastemaker Holllandd1
@Holllandd1, Oh, sorry, thought you were making a joke. That line is just showing the percentage of decline from the ATH.
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