XVG BTC for another leg up! Verge Hello everyone and welcome to small update...
If you follow my previous analysis you could see that everytime vergecurrency makes higher high on BTC pair it goes above previous local HIGH and crossing thru it making a new HIGH, I think now its another time as we had a quiet few days cool off time and accumulation.
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Verge4life
Strong support at Vergecurrency XVGBTCHello everyone, and welcome again to an update of my previous analysis.
As we approaching strong support at 61.8 last wave I'm seeing opportunity for a buy. Support zone is 103-99 sat. we recently went down to 104 but I think that attack on 103 or even 99 may occur in the next 24 hours that is why I have made this update .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVG Vergecurrency strenght may stay with USHello everyone and welcome to an update of my previous analysis.
As I pointed previously that we have strong resistance at 127.2 fibonnaci level and we had a pullback from that level. There was attempt of breaking higher but it was unsuccessful as candle closed just at that level and from over there we went down to 100 fib to retest it as support, if that will be broken we may revisit 88.6 and 78.6 fibonnaci levels. On other side I think we need to close above 144 for more bullish action and towards 161.8 fibonnaci extension which is at around 162 sat also it is worth mentioning that at 155 fib we have another 161.8 from W1 time frame.
Also it is worth mentioning that on Sunday there is a first race of NASCAR with Gill in his wrapped Verge car. This will bring new people into verge so hold on tight and as you all know price won't move itself if you won't it to go up you need to buy if you want it to go down you need to sell. IT is as simple as that.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Vergecurrency 1H chart analysis XVGBTCHello everyone and welcome to my analysis on 1H interval for day traders.
So firstly I would like to point that verge made a higher high and positively retested previous resistance as support but as there was a pullback from tops around 98 sat we may retest potential support at 86 sat before further upside.
First resistance is seen at 98 sat followed by 107 sat where we have 61.8 fib (but stronger resistance is seen higher) at 78.6 fib and 88.6 fib. At the time of writing is really hard to tell which one is going to be more important but looking at order book I would point towards 88.6 as stronger resistance.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Vergecurrency 1D chart mid-long termHello everyone and welcome to my daily chart analysis of vergecurrency XVGBTC.
First of all I would like to point that on daily chart to confirm a bullish formation we need to close above 95 sat. First resistance on daily is seen at this level followed by 61.8 fibonnaci level at 107 sat where also we have 141.8 fibonnaci level from previous measuring. Once this level is broke next important resistance lies at 114-116 sat where we have a double fibonnaci levels of 161.8 and 78.6 from where we may have a retest of 103-107 sat area from where I would expect price to break previous high of 128 and make an attempt on 127.2 fib at 143 sat. After that I would expect price to retest 128-114 level area (yep this zone is larger than other ). And after retest of this levels I would look to get towards 155-162 area where we have multiple 161.8 fibonnaci extensions. Also I would like to point that if we get strong trend upwards we may not respect levels or someone may want to push market higher knowing that there are multiple fibonnaci levels at the same price point to fool people into buying higher.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVGBTC 4H chart Vergecurrency trading Hi everyone and welcome to my 4H chart analysis of vergecurrency XVGBTC.
First of all its worth mentioning that verge made higher high on 1h and 4h chart which indicates further upside momentum in near term.
So with that in mind I would like to spot that there are 4 potential resistances on 4H chart, first one is 78.6 fibonnaci level, next one which in my opinion is a bit stronger is 88.6 fibonnaci and if we will manage to get above those we have 2 extension levels which are 127.2 fibonnaci and 161.8. I would like to point that around 155 sat we also have a 161.8 fibonnaci extension from Weekly and daily chart which means that we may not get to 161.8 on 4H chart as higher time frame has a priority over lower.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Verge bigger view for HOLDERS part 2 Hello everyone and welcome to an update to my previous analysis of Verge for holders.
If you will read all of that just read my quote at the bottom as I think first line applies perfectly to this.
As of writing price is around 0.044 level after pullback from lows of 0.0375. As i pointed out in my previous analysis that around 0.076 we have a strong resistance levels and as you can see it worked out and we had a pullback to previous resistance which NOW worked as support ! which is really important to point because when broken resistance works as support that means we still are in uptrend and with that in mind I would like to point that probably we are going higher to next resistance at 0.091 but as a matter of facts I would like to point that this resistance to me looks week as a bit higher we have a psychological level of $0.1 which is my opinion might be in play and from there we can have a retest of resistance at 0.076 from where we had current pullback if it will hold and probably it will we might see a rally from 0.076 towards 0.21 which is around 300% gain. This shouldn't be taken as granted as for NOW this is one of scenarios but we need more data after break above 0.076 to determinate what may occure once this resistance is broken. We also may have a rally straight towards 0.21 by looking order book on biggest exchanges. Any news from vergecurrency team may lead to bigger gain than that.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Verge for 60-70% gain in next 10 days Hello everyone and welcome to my next analysis of Verge currency.
First of all I would like to point that price made a nice pullback from previous high and found resistance at 61.8 fib which was already twice tested and as we holding above 0.05 I'm expecting price to make a move upwards towards 0.10 in the next few days. You may ask why 0.10 ? Because there is a technical level of 161.8 fib and also if you will calculate XVGBTC you will get around the same fibonnaci levels at this price point which may lead to pullback even to 100% fib.
Personally I see that Verge may reach $1 quicker than Dogecoin because of maximum supply of coins. Doge coin has over 129B coins and Vergecurrency has only 16.5B. Also it is worth pointing that every 60 seconds there are created new 10k Doge coins and only 100 Verge so simple math will give you an estimate how much money you have to put into the market to keep price steady. For Dogecoin at current price around $0.3 this give you $3000 and for Verge to keep price it is only $6. And keep in mind that Verge is limited to 16.5 B and there won't be more created when supply will reach its final coins, but for Doge it is unlimited supply. From this example Verge has a potential to be worth x10 Doge price .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Whats next on Verge ? XVG BTC Hello everyone and welcome to my next analysis of vergecurrency.
First of all I would like to point out that verge retested twice previous resistance at 78.6/88.6 fib and made higher low, also the price is still above 100MA on 4H chart and above 100MA on D1 which indicates strong bullish formation.
As the price is aiming higher and higher I would like to point that at around 153-160 sat there is a few 161.8 fibonnaci extension which may work as resistance (I said it may work but it is not granted as it never is with markets) we need more data to decide if there will be reaction on that level or not, and most importantly price of BTC may affect verge price. If you will look at my previous analysis to USD on W1 with link:
You will see that I previously pointed out that at certain levels to USD we may see a pullback and we did have a pullback from 0.079 to 0.045 which was a bit more than I anticipated but BTC price had bigger impact on USD pair that it did on BTC pair.
As a matter of fact I would be careful when price will reach around 0.1 to USD which should be around 150-160 sat as there is multiple factors that may lead to pullback.
For holders I will just hold as in my opinion after next halving price may skyrocket.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Verge is about to break for 100% + GAIN !!Hi everyone, I didn't do any analysis for a few days as there was nothing new to say from previous analysis. Now that verge had confirmed upside we are looking at 100%+ move, I would expect something similar to Doge run. First target is 161.8 fib around 155-160 sat which is 100% gain, next target would be around 450 sat which means previous ATH to USD pair.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVG BTC Beyond technical analysis + 10 fact's about Verge !Hello everyone and welcome to check beyond technical analysis =)
First of all If you reading this LIKE it so that we can get more views and educate more people !
1. Verge was first launched in 2014 as DogeCoinDark but it had nothing to do with Dogecoin apart from sharing Doge in name, and lots of people do compare those two and think that Verge is a fork from Dogecoin which is a false information !
2. Verge is open-source project and everyone can view code and importantly improve it, help develop.
3. Verge isn't dead as some people say, it has a huge community of hundreds thousand people.
4. Verge has one of lowest fees to send and on top of that verge is very fast around 30-60 seconds.
5. Verge is offered on over 20 different exchanges.
6. Verge has limited supply with 99.3% already in circulation !
7. Verge has variety of very good operating wallets for different platforms inc. iOS, Android, Linux, Windows, MacOS.
8. Verge has strategic alliance with companies like Voice-Life. And other to come.
9. Verge is being accepted on +18 websites and 120+ other vendors.
10. Verge price has raised 1700+ % over 1 year (from 03.04.2020). Compared to XRP which only raised 270%, BTC 870%, ETH 1500%. This just shows how strong Verge really is.
Verge USD Bigger View for HoldersHello everyone,
Today I want to show you where we have potential resistances at weekly chart.
First resistance was broken recently that is why I can say that we will see another one as potential target in coming weeks.
If momentum will stay the same way we can expect the price to rich ATH around June as there will be another halving of verge.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVG BTC is on it's way for next target of 100 to 104 sat | VergeHello everyone, just a quick update as we broke thru 61.8 fibonnaci retracement, now we will be looking towards 100-104 sat area where we have 100% retracement. Also remember that 100 sat is psychological level which may be defended for a while. If we break above it we have a clear path towards 161.8 fibonnaci extension.
Also spread a word about verge ! This is more than just a currency, educate people !
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVG BTC 3 scenarion that may led to big gains on Verge4LifeHello everyone on update to my previous analysis.
First I would like to mention that retracement from 73 sat doesn't surprise me as I have pointed out before this level as potential resistance. But you may be asking what can be the next move? So this analysis is to show you 3 different scenario that may happen in following days.
1. Price will decline to 61-63 are where we will have a big of consolidation (accumulation ) from where we may go UP to 79-80 sat area where lies another small resistance. From this level we may have a retest of 66 sat and than move above 80 sat. (remember about 78.6 fibonnaci levels where some action may occur this level is at 87 sat)
2. Price will consolidate around 65-67 sat and will go UP to 79-80 area from where we will have a decline to around 61-63 sat. After which we will be on the way to around 100 sat. (remember about 78.6 fibonnaci levels where some action may occur this level is at 87 sat)
3. Price will break thru 73 sat area and continue rally to 79-80 are from where we will have a small pullback to 71-73 sat and further upside to 100 sat area. (remember about 78.6 fibonnaci levels where some action may occur this level is at 87 sat)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Verge on its way to fibonnaci levels (XVG BTC Verge) Verge4Life Hello everyone,
Looking at daily chart we can see that after price broke thru last high of 62 sat we had a pullback to 61.8 FIB (also correction completed ABC on lower interval which has finished at 78.6 FIB last rally or Fibonnaci extension 1:1). Also I would like to point that we are still in strong uptrend on this pair and the next targets on my list are 79 sat which is fibonnaci extension 1:1 from big perspective also 161.8 fibonnaci from biggest correction. In my previous analysis I was pointing that below this levels at 73-74 sat we have 61.8 FIB which is also important but I think that we may have a small pullback from 73-74 area and fake breakout to 79 sat from where we can expect bigger correction (UP to 62-66 area) .
If you get that far in reading my analysis please leave a LIKE or coment so that I will know there are people who actually read my analysis.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
