Verg
XVG Verg Coin still in the Sell Cube moveBy examining different dimensions and angles
The ratio of recent events in the financial and global markets
Recent developments in the Crypto market
For Example : Google Banning Ads-The battlefields of governments and the country for the Crypto Market
And bad news from the beginning of the year of the year 2018 for this market, Crypto Market
And all the problems that have occurred recently in this market
The weak volume of liquidity and the low volume of poor buying in this market
Expectations are as follows
Can not be definitively said that
In the first six months of 2018, we will not see price growth but
Though 3 months have passed since 2018 market in red and bearish down it
Shareholders & Holders are should be wait and so on
They need more time to retrieve the price
At this time I write this article The current volume of dollar investment in the entire market is Market Cap: $330,194,238,746
It should be the volume of total market capitalization
Something about twice market cap that to help XVG or Verg Coin can go touch up price 0.30 Cent USD
Expectations should be this
We have to wait for the excitement and price change and price growth for the second six months of 2018
From 5 to 6 months next
In the second half of 2018
Almost all coins charts are in one form and coincide in a descending channel same
And if something happens in the future at a precious price
All together we will see the growth of all coins
Verge Log Perspective May Blow Your MindWow. Holy cow. Guys, this may be my longest post of the day. SO MANY things to say here.
First off, we all know how much of a pain in the ass Verge is. But MAN will it be worth it. Many people have lost money on this coin, but guys I'm pretty confident that it will come back. It's just a matter of time.
So what I did here was just take the log perspective of Verge's wave count through the weekly chart. And I am AMAZED. This is truly nuts. If we look here, this is a pretty easy wave count. We see that Verge is actually "channeling" logarithmically and following these trend lines pretty nicely. We're reaching certain levels in on RSI where we have an immense amount of support. And even though we could potentially correct for a few more weeks, what we have in store is going to be crazy.
So we see our support levels and zones on RSI, but notice the bullishness in weekly volume. Such a beautiful downtrend. But with the decrease in volume, it shows that there is really no fundamental catalyst continuing to drive down the price. It's simply just taking a break!
So, I believe we are still on wave 3 here for Verge. And the green lines are our targets. The crazy part is how the top of the trend line would take us near the $1.22 target that a placed on the last Verge post, from doing some crazy Lumen slope extrapolation thing (I may copy it onto this post just so you all see what I'm talking about).
Lets also take a look at the 21 Weekly EMA. All we're doing is bouncing off of that, like we have in the past! This reminds me SO MUCH of Cardano and Lumen guys i tell you!! Do NOT be surprised if Verge gets over $1. I think what we may see here is a target of $1.18 and then a pretty drastic drop to either the target 1 or target 2 line. From there we could possibly correct for months until we reach this support line. Is $3 possible for Verge? Maybe in 2019!
Even with the price being so low, I'm really excited. Everything that I've seen being possible with this coin is STILL possible. Only the more that I look at these charts and study them differently, the more confirmation that I get. A few more updates to come with what is going on in the short-term. I think our correction is nearly done!
Reminder, this is a weekly chart. These targets most certainly won't happen over night.
