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.
Long-term, it can grow but in the short- and medium-term it is hard to tell as it already exhausted the bullish wave that we know was bound to happen for sure.
Verge grew all the way to its April 2022 price and that's the limit for most Altcoins. After they go through this initial bullish wave, they have been all in correction mode, long-term.
Now, the June 2023...
Verge / XVGUSD is having a +550% rally in the past 2 weeks and is approaching the 1week MA200, which is intact since April 4th 2022.
The Channel Down that drove the price to its market bottom before that recent weekly jump is almost the same as the one in 2019 that paved the way to the massive 2020/21 rally.
As a result don't buy before a new pull back to the...
Hello Traders,
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...
Verge has reached a critical threshold and is transitioning towards a new stable state equilibrium.
The price is expected to reach $1+
This has been predetermined using the amplitude of excitation and critical slowing referenced in my previous video.
Please see video.
Verge is highly correlated to Dogecoin.
These methods can be applied to any chaotic system.
Note: Quantitative methods do not provide insight into fundamental reasons for the changes. It only provides a method of predicting and quantifying the change.
We do not know why something will occur that will impact the system, we can only predict...
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?
this pattern has shown up on alot of dino coins
xvg ltc, probably the new pattern to watchfor as accumulated coins start what appears to be either an echo bubble or new distrib cycle
either way should be good trading :)
current marketcap of $36million
quite low given this is one of the oldest continuing cryptocurrencys with LTC & DOGE but with privacy features
its been online for 8 years now which is no easy feat for a crypto
25% from breaking 2020low
3700ish % if it runs back to aths at anypoint (2024?)
down around 97% from cyclic high
interesting to see how this one fairs...
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?
$XVG reached accumulation zone in 0.0028-0.004 per coin.
However it still under the pressure and might see further downside.
Regardless it's great time to accumulate.
Not a financial advice.
Good luck!
If Amplitude of excitation is low and the critical slowing down is severe this leads to an overdamped response in the dynamical system.
According to bifurcation theory, warning signs for a critical transition are often found in the form of a slowing down of the system's response to external perturbations.
The slowing down of the response is a result of the...
The cryptocurrency market has been through a lot lately. We've seen prices plummet, then rebound, and now we're in the midst of yet another crash. But this time, things are different.
This time, there's a mathematical theory that suggests the market is about to experience an extremely fast recovery. And it's all thanks to something called bifurcation...
![XVGUSD: ✴️ Verge [NYA]](https://s3.tradingview.com/n/N4sTUM5y_mid.png "✴️ Verge [NYA]")
