Verge recently released their newest version of V5.3.1 of codebase.
That's a good news.
Verge has been in a very long downtrend,i think its now time to make a U turn.........how low can a coin go? The only way is up now.
Expect a good Short term profit.
BITTREX:XVGUSDT trying to break out of its long term downward trend. We can see that the is RSI Reversing. Also, we had hit the bottom & recovered with a lot of volume last week.
It had already tried once & failed to capitalize earlier. But what do you guys think? Is this the start of a new rally?
It seems like alt-coin season is here. If 2017 repeats itself, that means alt-coins will breakout with bitcoin. We can see some fundamentals for Verge:
RSI has been steadily rising since July.
MACD is bullish, moving upward.
High volume Sept 17th-19th
Disclaimer: Cryptocurrency market is notoriously unstable and are easily influenced by external events....
XVG is the only other crypto that is in Green along with BTC. All the others are in red. And I see a possibility for a Cup & Handle formation to play out in XVGUSDT pair. If all goes well we could see it rise up to 80% to ~$0.012 level.
$XVG USDT view... Broke & retest ~.0089 resistance zone and shoot straight up...
UCTS Buy signal on the 1D
Volume rising over last days
RSI rising & over 80, MACD rising
I expect continuation over the targets in the chart... Make sure to lock profits on the way up #XVG
$0.0054 is hard support of XVG/USDT
We can easily see the Double Top model in both large and small timeframes
Breakout point of $0.0063 is suitable for buying
The targets are clearly described on the chart
Stoploss at $0.00578
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Answer: Because of the triangle, because of the triangle tip. The triangle is a pattern where the price could make pretty big moves after the breakout. If the price approaching the triangle tip, then the price is smashed together and it will be ready to explode.
Currently, XVG is ready to make a move AFTER You have seen a candle close above the...
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Wait for a 4H candle close above the down trendline which will indicate that the Verge may want to change short-term direction and the first target is the light...