Hi everyone on my update on XVGBTC analysis. In past couple of days verge gained a bit of upside momentum but it was immediately stopped by 1.618 fibonnaci level and as a matter of facts if we won't break above it (65 sat fibonnaci 161.8 and 66 sat is previous HIGH on D1) we may retest 56 sat level . This is just one of possibilities of what may happen . Also...
Verge (XVG) is a decentralized open-source cryptocurrency which offers various levels of private transactions. It does this by obfuscating the IP addresses of users with Tor and by leveraging stealth transactions making it difficult to determine the geolocation of its users. Verge Currency has a maximum supply capped at 16,5 billion XVG. It uses the Proof of Work...
Hi everyone in another update to my analysis. As i mentioned before we are in strong uptrend, above previous 2 resistance levels and 100MA which worked perfectly as a support, but we may see potential resistance at 61.8 FIB which is at 73 sat. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for...
Hi everyone and welcome to my next analysis of verge currency to btc. I would like to point that we need to close above 100MA which is at 53 sat to change trend to bullish in long term. As seen on chart 100MA worked as resistance in past and it is really important to close above it. This information is not a recommendation to buy or sell. It is to be used for...
Hi everyone, this is just another update on XVG USD pair Verge. Statistic are pointing that if a pair is going to find support at 61.8 fib than the price is going for a new high and in that in mind I'm seeing a verge breaking new high in the next few days. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. ...
Hi everyone, this is just another update on Verge USD pair, as of writing what we can notice from the chart is that verge made a move upwards and made a new higher high also higher low which may indicate a change of trend. Also pair broke a local 4H trend line. This information is not a recommendation to buy or sell. It is to be used for educational purposes...
Hi everyone, today I'm doing unusual analysis on Verge to BTC on 1H interval which indicates nicely that accumulation is in progress at our support (38 sat) . As pointed on chart volume at this levels have skyrocket and now it's taking over sellers. Also we are seeing constant attempt to break higher which may indicate that someone is closely controlling this...
Hi everyone, just a quick update on XVG verge to BTC pair. As of writing the pair was trading at 41 sat, up 6 sats from lows. After reopening deposits and withdrawals by exchanges we can see that on order book on binance we are seeing additional 500mln verge that came on exchange within 2 days, around 250mln under 100 sat and next 250mln over 100 sat. We need more...
Very interesting configuration for $xvg verge. Keep an eyes on that one! I will personally long. This is not a financial advice, always do your own researsh.
Hi everyone, as you may know binance finally opened deposits and withdrawals of verge currency as a matter of facts I looked at the current volume which indicates that move to the downside is on lowering volume which indicates that this is just correction from last rally. Also what can we see on volume chart that green volume is rising on last dip which also...
Hi everyone, just a quick update on what is happening right now on verge. Lets first start with information that some of the exchanges are resuming trading on verge which is great information. Secondly Verge XVG to BTC pair has find a support at it's previous resistance which indicates that we are going further up. Thirdly i would like to mention that cumulative...
Hi everyone, just another quick update on my previous analysis. As i mentioned before 0.029 was a resistance and as you could see we had a 30% pullback from over there, now as we approaching it again I would suggest to be cautious as we may not break it at first and there may be a small pullback, i wouldn't expect it to be as big as the previous one but may occur....
Hi everyone, another update on XVG verge. As you can see we had a pullback from the resistance, particulary caused by unsucessfull attack on verge blockchain. Well done Verge Team, keep the good work. Okey lets get back to verge and what can we expect from it. As you can see on the chart, we had a pullback to 2 month old support line and also test of 61.8...
Hi everyone, this is another update on xvgbtc verge btc, after yestardays problems many people started to panic sell verge, in my opinion now is a good time to get some more, as we had around 30% retracment, we still are holding above trendline and above previous resistance. From the look at current open positions I would say that there is a big accumulation, and...
Hi everyone, just another update, as I mentioned in my previous analysis that short term target is 0.075 and 0.091 but looking from the perspective of long term I'm seeing a target of 0.5 per verge. I hope that you still holding as this last dip was announced before, as I targeted 0.029 as an resistance This information is not a recommendation to buy or sell....
Here is my elliott waves forecast for the Verge for the next months to come. The pair is showing clear breakout pattern in progress with multiple nested 1 waves. Once the fork breaks, the pair should accelerate towards the key levels of - short term : 0.04 then 0.06 and finally 0.095 - mid term : 0.2 then 0.5 and finally 1 by June this year => More update to come...
There's support and resistance points for XVG.