Consistent Bearish Movement of Verge (XVG) Price
Verge has been picking up ubiquity among individuals and its biological system has likewise demonstrated over 80% expansion. Nearly around 250+ financial specialists are currently tolerating the XVG as a method of settlement. Additionally, the group of the skirt is likewise searching for expanding the undertaking and attempt to include new pursuits with them.
Current Status of Verge: Currently, the money is exchanging at the estimation of $0.004556 and its qualities is expanding by 4.05%. The market capitalization of the Verge is at the estimation of $72,579,219 and the 24-hour volume of the money is $2,023,613. The coursing supply of the Verge is 15,929,083,909 XVG.
News Source: TheCoinRepublic
Verge
On the verge of collapse.Xvg is looking very rough.
Will it shed another 50%+?
Drop a comment below, let's talk about it.
XVG has no choice but to break out from a massive falling wedge.$xvg Verge has been forming a falling wedge since april 2019 and unsuccessfully tried to break out 4 times.
The pressure on the dynamic resistance (green line) is now huge as we are approaching the bottom level around 38 sats.
Verge has to break out no later than September 10th or we will explore new lows around 32 sats.
If xvg breaks out the first target will be the resistance marked by the blue line around 50 sats.
But the most important resistance is marked by the red line and is around 55 sats.
After breaking it, verge will start a new uptrend and potentially a bull run.
TP 1: 50 sats
TP 2: 55 sats massive resistance
Tp 3: 70 sats accumulation zone
Tp 4: 90 sats accumulation zone
Tp 5: 100 sats massive resistance
Tp 6: bull run
Bearish Pressure Pushing the Price Lower of Verge Coin
Verge has been in the bearish stage for a long time now. The costs have demonstrated a downswing since July and kept on doing as such during August also. Investigators feel that the medium-term viewpoint ought to be bullish taking a gander at the capability of the coin. Be that as it may, things are as yet looking bearish after the primary seven day stretch of September. In this unpredictable crypto advertise situation, present moment and informal investors may not profit much.
Financial specialists can consider contributing a long haul prospect thinking about its potential. Probably the best expert ‘Wallet speculator’ anticipate that Verge should go up by 2–3% in the following 5 years and up to $0.138 before the part of the bargain.
News Source: TheCoinRepublic
Further Downside On XVG...Looking like further downside is to come on Verge. A lot of bears still pulling it down and with Bitcoin dominance increasing it looks like more down than up.
XVGBTC: going to zero?I don't care about these coins - they'v been good for pumps/dumps but nothing else. There's no economy being built around them. I'v never seen a partnership that wasn't a price manipulation scam. So I don't believe that any of them have any genuine fundamentals outside of bubblenomics.
I think most will return close to zero sats within the next 12 months. Verge is a good example and I'v been watching it and trying to play bounces, although I haven't touched it for a long time. The price action is deflationary, I don't see any real action now.
The indicator suggests further decline too, perhaps into 2020. I will keep watching, but I am bearish on alts. For those waiting for the Alt Spring, I would say only that the alt breakout of 2017 happened only after BTC reached its previous ATH and, of course, it was part of long-term bullish move where people actually believed these projects had merit... clearly they don't and it's also clear more and more people know this.
Verge (XVG) Price Analysis : XVG Bulls preparing to Take off
Skirt (XVG) is currently moving to dispatch new innovation all alone with no organizations and hoping to set up itself immovably in the crypto showcase. Skirt (XVG) has just propelled new items in the market and it is wanting to dispatch new advancements innovations later in this year too.
The dispatch of these advances will support the Verge (XVG) profoundly in the crypto showcase. This will likewise give Verge (XVG) a bullish pattern in the crypto advertise which will draw in brokers and financial specialists towards the token and thusly will build the cost of the token in the market. Skirt (XVG) opposed a sort of hacking assault on it and along these lines is buckling down with the goal that it doesn’t need to confront any such assaults later on. It is buckling down for marinating its essential goal of protection.
News Source: TheCoinRepublic
VERGE - A LOOK AT WHAT IT HOLDS FOR THE FUTURE - CryptoManiac101XVG / USD TA
Here we are finally taking a quick look at VERGE with USD pair. Instantly we see that we are following downward channel ones again. It's actually not a bad sign as if we take a look at historical movement, we will see that nearly 100% of the times, Verge produced a mini pump with a strong breakout right around this area.
To add to the excitement of an exhausted XVG holder, we are also tracking just around one of our strong support zones. What does that mean? That means that this area of 0.0044 and secondary support of 0.0015 hold the highest chances of a strong bounce as they have previously been tested as demand zones.
Quick Q and A!
Do I currently hold Verge?
No
Would I buy Verge at current price?
Yes, with tight stop loss. Entering into XVG at current price is low risk since the risk would be just around 2% as we are near strong support line.
What are the chance of Verge dropping towards the second support line?
If we break current support then I'd say over 60% chance we fall towards secondary demand zone.
Would you hold 100% of your portfolio in XVG?
Never, I usually recommend around 5% portfolio allocation towards higher risk crypto assets. This is one of them.
Verge (XVG) Price Prediction : XVG/USD Price Surge Expected Amid
The Currency Launched in 2014 under the name of DogeCoinDark, the coin was renamed Verge in 2016 and begins to be noticed afterward. It uses protocols known as TOR (The Onion Network) and the I2P network layer to obtain complete anonymity and non-traceability for each transaction. Verge pioneer in maintaining total confidentiality in every transaction has always been a priority area for the cryptocurrency market.
Verge Latest Partnership with NetCent
Verge (XVG) is considered one of the safest platforms in the cryptoverse and continues to build partnerships in various sectors. His partnership with Netcent has been a topic of discussion for some time because this partnership plays a vital role in the coin. While with the partnership, It is expected that debit cards domiciled in XVG will be issued to the holders and which will directly affect the price of coin and XVG can see an increase in the user base with this development.
Verge (XVG) Partnership with Trust.Zone VPN
Verge (XVG) announces a new partnership agreement, another new with gifts for users. This partnership is a big step forward for Verge. In addition to the wide adoption submitted for Verge, crypto projects will be viable for additional layers of security and privacy.
While Verge (XVG) is using and accepting VPN services more than ever, TrustZone notes that anonymous VPN service users who pay with XVG will receive a 10% discount from the end of 2019.
Alex Edwin, one of the founders of Trust.Zone, said in a statement that the collaboration would provide the privacy desired by Internet users.
“Anonymous VPN service + Anonymous Cryptocurrency may change the way you surf the Internet. We make the Internet, the way it was meant to be — secure, safe and anonymous. We want to provide all internet users who care about their online privacy and use of personal information with the highest level of online security and protection,”
Edwin stated.
Market Forecast for Threshold Prices by Analysts
In a truly unpredictable market, predicting the price of cryptocurrency is more of a gamble and a chance than data estimated by numerical estimates.
Let’s look at important publications and personalities, as well as their predictions on the price of Verge (XVG), which will give us another perspective to consider:
CryptoGround
The cryptoground.com algorithm saw green in the second half of the year for XVG, estimating it would reach $ 0.0281 by the end of the year.
Wallet Investor
Walletinvestor.com, one of the best crypto market analysis sites, estimates that the coin threshold can reach up to the US $ 0.138 by the end of 2019. They even claim that in five years, the XVG could increase by 2 to 3%.
Mega Crypto Price
According to Algo forecasts, the XVG could reach 0.7401 USD in 2020 (Price Prediction Verge Coin 2020). They even added that in 2023, Verge could reach $ 2.39.
Coin Fan
Coin Fan estimates that by the end of 2019, the XVG could reach $ 0.172 and that in the lower part it could reach $ 0.127. By 2020, the XVG format could reach between $ 0.45 and $ 0.61, according to the forecasts of Coin Fan.
Digital Coin prices
This website estimates that the XVG could reach $ 0.0257 by the end of 2019 and could reach $ 0.043 in 2022. It even indicates a fall in prices in 2023 and predicts that XVG could be devalued to $ 0.041.
Trading Beasts
Trading Beasts expects the XVG to reach around $ 0.05 by the end of 2019. This forecast is very pessimistic. They even said that in 2020, the XVG could be around $ 0.07.
Verge (XVG) Price Prediction 2020 : Will XVG/USD price hit
Verge (XVG) is a blockchain based state-of-the-art cryptocurrency focused on privacy. The first-ever privacy-centric coin, verge, offers complete anonymity to all its users and tracking the origin or destination of the transaction is impossible. It is an encrypted, open source, decentralized encryption coin with very short turnaround time. It relies on the TOR browser to hide the IP address of users. The Verge platform offers users five different job validation algorithms for exploration.
Verge (XVG) ranked 53rd in the cryptocurrency market with a return on investment of more than 9,000%. The circulating supply of this coin amounts to 15,917,791,168 XVG. Market capitalization on May 1 at 2:24 UTC is $ 120,522,212. The value of each coin is 0.007572 USD and 0.00000140 BTC. The 24-hour volume is $ 2,164,583 at the aforementioned UTC time.
XVG Price Prediction
On April 30, the price of the Verge was in a downtrend, the bulls crossed the 12-day EMA and the 26-day EMA when they were in the downtrend zone. Verge was not performing well on EMAs. If bull breakout the price of the crypto will increase to exceed the resistance level of $ 0.009400 and reach the previous high of $ 0.01100.
However, if the bulls fail to keep the price above the EMA, the price of crypto will fall back on the downtrend zone. Meanwhile, the stochastic indicator is in the overbought zone but above 60%. This indicates that the price of crypto is in a bullish momentum and a buy signal.
Crytonewsz predicted that The value can be up to 0.0065 USD.
But the value will rise and face resistance at $ 0.010. By the end of 2019, the value is expected to be around $ 0.1, as the entire market is on the brink of a boom. By the end of 2020, the value must exceed 1 USD. It should be noted that the growth of Verge coins will not be immune to instability. But the price correction will help the market to get rid of speculators.
$XVG #VergeCurrency - history to repeat? This cannot be ignored.Self-explanatory.
What do you think?
Yay? Nay?
Does history repeat?
Is this a rhyme?
Ascending triangle - Breakout's eveTwas the eve(a few days) before Breakout after vigorous lows and highs over the course of a few weeks, clear patterns has emerged most notable is the formation of the ascending triangle.
The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price support. We see the challenges at the line as we continue to closely track this forecast.
XVG Still Holding StrongWe still see a bearish trend for XVG however, starting to show some strength and a possible breakout is on the cards in the future. Again just need to wait on Bitcoin
XVG on the verge of "do or die"Verge is hitting the "do or die" level... There is technically good probability of bounce higher if the history will repeat... According to actual situation when BTC is draining life from altcoins, be careful and limit your risk. The first target is 100sat.
POSSIBLE LONG Opportunity For VERGE ApproachingVerge right now is clearly still trending downwards but it looks like it MIGHT be time for it to break up to at least the upper trend line again.
It's also currently re-testing the previous all time low that it just went below a couple of days ago so to be safe the most recent downtrend certainly needs to be broken!
Watch this chart to see when the downtrend breaks!
Remember, "The trend is your friend!"
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Feel free to leave a comment below as well but please be kind in any comments with a focus on all of us growing together!
After all, we're all here to learn and make money right?
xvgusd falling down the support line with -50% crush potentialVerge is at dangerous level breaking of which could result to -50% crush
@verge @xvg #xvg $XVG Bullish Divergence#XVG bullish divergence on daily chart. I will be entering w/ a tight loss.
XVG/BTC - High Risk High Reward - Huge Bounce Possible...XVG is always a talking point. Verge is a really good and quick cryptocurrency but due to it's supply and amount of bearish pressure it has had a big rundown to the floor. It is still in a bearish cycle so wait for entry. Remember a tight stoploss but this could have some monster gains if the altcoins do pick up.
XVGUSD LONG-TERM TREND LINE- As the weekly moving averages are getting closer and closer, it looks highly possible that XVGUSD can touch the main trend line once again when the next bull cycle starts.
Fundamentals looking very strong:
- Verge FCAS (Fundamental Crypto Asset Score) is A (789)
- It is one of the 58 coins chosen by Ice Markets (mother company of BAKKT) to be included in their data feed on NYSE.
Source: www.theice.com
