- On monthly time frame the RSI is above its SMA. A slightly bullish scenario.
- This could lead us to the upper trendline, so something like ~0.02
- If we see some more momentum building up, for example a bullish diVERGEnce on the RSI, it could continue breaking the upper trendline with a body (not just a wick) (and holding it as support with the following...
The last time XVG charts looked like this it ran 25X over the next 6 months. Let's also not forget that it's one of only 9 ISO 20022 compliant crypto-currencies out of the entire crypto-sphere!
Don't miss it!
Life in itself is one fractal attached to a much larger fractal. Verge may be setting up for a possible repeat here. I spotted this pattern a month or so ago, but it appears that if this pattern does repeat the time of its ascension is getting close.
Verge is setting up for what could be a very big move. Whether it will be sustainable remains to be seen, but I've picked up a nice bag of XVG that when it bounces will be swapped at a higher value for other cryptos. This is an exchange rate play. Swap the winner for the loser and increase you position on their dime!
Here's my XVG trade set up through January 1st 2024. Verge is one of the nine current cryptos that are ISO 20022 compliant and at the moment is the lowest priced of the nine. I think we are going to see a big move in cryptos moving into the new year, and most people think it will be bearish which automatically makes me think that the exact opposite will actually...
This is my view:
Bitcoin has been running sideways for a long time and I think people are getting tired
Alts are currently retesting support on the multi-year macro trend line.
And now, with respect to BITFINEX:XVGBTC , it looks like the end of the downtrend is nigh.
BTC dominance looks like it's about to keel over.
BTC arguably will not hit an all-time...
XVG/Verge is setting up for a colossal move. The Cup & Handle formation on the left made a substantial move from .001725 to .0766 over the course of about 13 months. If you look at the chart on the right you can see that a fractal repeating pattern has taken shape, and now looks like the optimal time to go long.
The market-makers (market-manipulators) are up to their old tricks attempting to pick up extra coins for the inevitable bounce that's about to happen. Don't let them shake you out.
Don't do what they say, do what they do. Add additional shares if you dare!
You can easily see the fractal pattern repeating itself for the second time. The price has spent next to no time below the bottom white trend line. Any price from here and below is likely going to be a great buy in the coming months.
As you know, XVG, aka verge currency, had a fantastic bull run in 2017. We might never see such a bull run again on XVG, but it may experience another bull run on a medium scale until next year.
You may think $0.02 per xvg is not possible, but I tell you, anything is possible in the crypto world.
Let's revisit this idea next year and see what...
we expect to see more gain for the price in log term targets 🚀💣
before more gain, we can see correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Idea suggesting a large W pattern on the non-log chart
2 being the middle of the W and 1 being the outsides
If this happens the moonshot would be much bigger than the first one at (1)
Everyone loves a moonshot
Here's a update to my recent chart with some adjustments and with linear fib targets.
I figure looking at linear targets could provide a more conservative outlook, albeit still bullish.
Log scale targets will be implemented if XVG blasts through the linear targets.
What do you think?
Updated the chart. The more time lapses the more we see the bigger picture more clearly, so we think!
I like how this fits the parallel channel.
If history repeats, we are in Wave III conservative targets are 14-48 cents.
What do you think?
An updated view for XVGUSD on the Monthly timeframe showing a green down trend line that should be bought once broken above
A double Top can be viewed on this Logarithmic chart, allowing the formation of the red down channel