I see fear of $XVG is at an all-time low, especially on Twitter. Bullish.
I see uncanny falling wedge fractals on the 2017 and 2020/21 charts. Bullish.
I see a ton of achievements on the Verge Currency website (vergecurrency.com). They are surely alive and well. Bullish.
Question is, are you bullish too?
We shall continue the waiting game...
Trying to simplify what I see, as I am an absolut beginner to chart functions. But it seems to me that XVG has ceased its downward trend and is moving sideways.
And a repeating pattern happens with ...
*each spike up: on the bottom red and blue are up and yellow is down.
*Sudden drops: red and yellow are up and blue is down.
Primary trends. The weekly chart shows that from August 2018 to November 2020 there was a declining primary trend, which ended with the formation of a double bottom. From November 2020 to November 2021, the primary trend is upward, as its support and resistance lines are upward.
Beginning End Beginning End
#1 August 2018 November 2020 262...
Trying to break above a long descending trendline
Showing the highest volume since June while UCTS is showing both 1D and 2D Buy signals..
Aiming for a break above or flip of the ~51 sats area as continuation
Almost 200% back to YTD highs 🤞
XVG as many others Alts on the market still didn't get their own move and XVG is a great technical example.
Since the end of 2019 prices reached major long term support between 20 and 45sat, what makes it interesting is through the months we had bullish pushes making higher highs all the time.
1st bounce stopped at 70sat in Dec 19, 2nd stop at 105 sat in Jun 20...
xvg has been accumulating around the 30-60sat level for 900days
just broken out of downtrend since the q1 distribution phase
looks primed for a spot and chill buy around here ahead of the probable q4 run
something that might not pop for a while but given its at the base of the accumulation zone here is probably a fairly safe buy
dogecoindark originally OG...
Verge (XVGBTC) hit a low yesterday at 40 satoshis... A higher low compared to February 2021.
We have a falling wedge marked with black lines, a volume breakout, a bullish RSI and the MACD bullish cross.
Today prices are challenging EMA50 while trading above EMA10 and EMA21...
All these signals are pointing here.
I am mapping 155% on this chart.
This is not...
Very nice opportunity coming up for XVG/BTC.
We've recently come down and bounced off a long term, tried and tested support, and look like we're going to make a nice bounce to the upside.
I've added a stack at 39 sats, if we see continued rallying in the market I'll add more. Even if we just make a climb to previous resistance, theres a huge profit...