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XVGUSD

XVGUSD Verge made higher high and broke from resistanceHi 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 only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
3
XVGBTC low interval volume picking up quickly 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 levels as they in processes of accumulation and they haven't finish yet but soon the breakout may happen. Keep in mind that if someone is using technical analysis and wyckoff waves and accumulation process we may see a drop lower before next move up (this is just one of options that may happen) . This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
1
XVGBTC Binance finally opened deposits and withdrawalsHi 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 indicates that those levels are well supported. For more info about potential targets look at my previous analysis. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
Verge XVGBTC on defensive at 61.8 fib Hi everyone on my next analysis of verge currency. As I highlighted a couple days ago, that verge may go further to the downside to scare people and so that wales may accumulate more of it. At the time of writing this analysis we have seen a defensive of 61.8 fibonnaci at 39 sat. Also we did see a big gain in volumen when price fell below that level which means that someone doesn't want it to fall lower, which may indicate that this is our strong support for now. But nothing should be taken for granted . From fundamentals, binance has a timer set for 26th to reopen deposits and withdrawals of verge which is a good information, also i think around the same time bittrex will reopen. Verge team announced that it should be soon. After reopening there may be a sale of verge as people will panic sell but that will only affect those who are selling as there is not a single reason to believe that verge is dying or dead. The team is working tirelessly to fix the problems as they occur so that is a good think rather than bad. Just read my quote before making any decision, maybe this will help you make a decision. Patience is the key! This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
3
XVGBTC well supported, ready for big gainsHi 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 volume is green onboard, which indicates that there is accumulation of whales who are keeping price in one spot before they will make move. Before the rally they may try to scare some of people by pushing price below support level for a short period of time (it's called stop hunting/ margin hunting ) or in other words panic selling. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGUSD only close above 0.029 will suggest further upsideHi 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. For further upside I think that verge has to strongly cross 0.029 . This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
1
XVGBTC on 2 month old support line ! don't miss oportunityHi 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 fibonnaci, which should support the verge from futher falling down, also problems with blockchain attack were resolved and I think the attack could be to scare people from this coin, so that they will sell in panic and someone who was behind this attack can acumulate more. We should be supportive and don't let the panic affect us in any case. As a matter of fact we should support it by spreading the word about a great job of verge team and don't spread the fud. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC no reason to panic sell ! good time to buy more 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 that verge is disappering from the markets and with that said there is oportunity for a huge gain as per demand and supply philosophy. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGUSD Verge long term target 2500% 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. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
2
XVGBTC confirmed an upside moveHi everyone, just a quick update, yestarday verge xvg has broke thru 38.2 fib and closed above it, as the time of writing this we are seeing pullback to it which means that broken resistance is tested as support and from here we should see another leg to the upside. As mentioned before, i don't think that 50% fib will be respected, my eyes are looking at 61.8 and 78.6 fib as potential resistances. Also bitcoin stranght today is fueling the downside move. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775