The correction in verge is almost done and I will wait for another dip. This is one of my main holdings because the bull run is in the beginning and verge have a lot of potencial.
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The bullflag is holding well on XVG this can bring us into the 0.60 USD level.
Technicals show a breakout upward is imminent
First target is 0.36 USD at 23.6 Fib extension
Second target is 0.48 USD at 61.8 Fib extension
Third target is 0.60 USD at AB-CD targeted move.
Cryptocurrencies tend to Overblown Fibbonacci targets heavily.
Buckle up XVGFam
See you on the other side
XVG is no doubt the coin of the month. The amount of hype surrounding it with it's Wraith protocol feature caused a huge amount of spike up and also down. This is definitely the coin with the volatility and the volume you'd want to trade with if you like to take risks. Due to the amount of FUD caused recently by YouTube and Twitter celebrities, the price of XVG...
Yes there is alot of FUD surrounding XVG, been pretty successful swing trading since the price manipulation by bots is pretty obvious. Pending wraith release in a few hours so we are seeing some movement. Will be interesting to see what happens.
Disclaimer: I have no idea what im doing.
Hi guys , a good deal just before the end of the year ;)
I'm late for this idea :( you can see clear that you should buy for 0.118 $
but it's not so late ;). Buy now and sell for 0.212$
If I have more that 30 like I update my idea
Good chance !!
So as expected in our previous verge analysis the price fell off to the support regions that were indicated. (Will leave a link to the previous analysis at the end of this post)
So whats next? Its hard to tell but if I were to make an analysis right now I would say that we are in a descending broadening wedge which usually breaks upwards. Analyzing alts at the...
Verge is at a double Fibonacci support.
A larger 50% and a shorter term 61.8 from the last leg.
It needs to find support here to keep on trending.
Else we might fallback into ranging prices for a while.
Always fundamental buyers can shake things up from lower levels.
This is the 1-Day Trend of Verge, XVG. The other day, we were overbought. But Verge is making a healthy correction now, as it drops back toward the EMA 15 (Red Line). Get ready to start thinking about buying as 1) you see price move closer to the EMA 15, and 2) the RSI is less than 45%, or what would be even better is if it went below the 20%. Keep an eye on...