VERGE (XVG) WHALES ARE CONTROLLING THE PRICE
Updated
Since yesterday we have good reason to have a big increase in VERGE price, because WRAITH PROTOCOL was released. I´ve already tested, and it´s working.
BUT, you can see in BINANCE & BITTREX book´s orders that there are two HUGE SELL & BUY ORDERS located in strategic positions. Was impossible for the market, even though the ENORMOUS VOLUME OF BUYS, to go through the WHALES.
We`ll have to wait until the WHALES DECIDES THE PRICE is going UP (or down).
There is no reasonable analysis possible.
The price is steady and ready to move forward. Right now should be near $0,30.
BUT, you can see in BINANCE & BITTREX book´s orders that there are two HUGE SELL & BUY ORDERS located in strategic positions. Was impossible for the market, even though the ENORMOUS VOLUME OF BUYS, to go through the WHALES.
We`ll have to wait until the WHALES DECIDES THE PRICE is going UP (or down).
There is no reasonable analysis possible.
The price is steady and ready to move forward. Right now should be near $0,30.
Note
a FUD taking the price low is probable to happen. Like christmas day. After that you´ll see the price recovered. That´s the game they like to play. Too predictable.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.