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Vergecoin

XVGUSD found a support at 61.8 fib points to the upsideHi everyone, this is just another update on XVG USD pair Verge. Statistic are pointing that if a pair is going to find support at 61.8 fib than the price is going for a new high and in that in mind I'm seeing a verge breaking new high in the next few days. 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..."
XLong
by Coder775
10
XVGUSD Verge made higher high and broke from resistanceHi everyone, this is just another update on Verge USD pair, as of writing what we can notice from the chart is that verge made a move upwards and made a new higher high also higher low which may indicate a change of trend. Also pair broke a local 4H trend line. 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..."
XLong
by Coder775
3
XVGBTC low interval volume picking up quickly Hi everyone, today I'm doing unusual analysis on Verge to BTC on 1H interval which indicates nicely that accumulation is in progress at our support (38 sat) . As pointed on chart volume at this levels have skyrocket and now it's taking over sellers. Also we are seeing constant attempt to break higher which may indicate that someone is closely controlling this levels as they in processes of accumulation and they haven't finish yet but soon the breakout may happen. Keep in mind that if someone is using technical analysis and wyckoff waves and accumulation process we may see a drop lower before next move up (this is just one of options that may happen) . 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..."
XLong
by Coder775
1
XVGBTC off lows awaiting volume to confirmHi everyone, just a quick update on XVG verge to BTC pair. As of writing the pair was trading at 41 sat, up 6 sats from lows. After reopening deposits and withdrawals by exchanges we can see that on order book on binance we are seeing additional 500mln verge that came on exchange within 2 days, around 250mln under 100 sat and next 250mln over 100 sat. We need more buying power to get the price higher, as of now what we can see that pair is supported above 32 sat where I would point a strong support. Also pair is trading in consolidation which may indicate that someone is accumulating at this levels. Unless we will break above 54 sat we are still in consolidation with a possibility of dropping to 32 sat to scare people to get out of their position at lose and to accumulate move. This is just one of option. Only break above 54 sat will indicate further upside move. 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..."
XLong
by Coder775
1
XVGBTC Binance finally opened deposits and withdrawalsHi everyone, as you may know binance finally opened deposits and withdrawals of verge currency as a matter of facts I looked at the current volume which indicates that move to the downside is on lowering volume which indicates that this is just correction from last rally. Also what can we see on volume chart that green volume is rising on last dip which also indicates that those levels are well supported. For more info about potential targets look at my previous 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..."
XLong
by Coder775
XVGBTC well supported, ready for big gainsHi everyone, just a quick update on what is happening right now on verge. Lets first start with information that some of the exchanges are resuming trading on verge which is great information. Secondly Verge XVG to BTC pair has find a support at it's previous resistance which indicates that we are going further up. Thirdly i would like to mention that cumulative volume is green onboard, which indicates that there is accumulation of whales who are keeping price in one spot before they will make move. Before the rally they may try to scare some of people by pushing price below support level for a short period of time (it's called stop hunting/ margin hunting ) or in other words panic selling. 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..."
XLong
by Coder775
XVGUSD only close above 0.029 will suggest further upsideHi everyone, just another quick update on my previous analysis. As i mentioned before 0.029 was a resistance and as you could see we had a 30% pullback from over there, now as we approaching it again I would suggest to be cautious as we may not break it at first and there may be a small pullback, i wouldn't expect it to be as big as the previous one but may occur. For further upside I think that verge has to strongly cross 0.029 . 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..."
XLong
by Coder775
1
XVGBTC 200MA working as support! Hi everyone, just another update on xvg verge. As per chart, previous 200MA which was resistance now works as support, which can indicated a trend reversal from that long bearish to bullish. 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..."
XLong
by Coder775
1
XVGBTC no reason to panic sell ! good time to buy more Hi everyone, this is another update on xvgbtc verge btc, after yestardays problems many people started to panic sell verge, in my opinion now is a good time to get some more, as we had around 30% retracment, we still are holding above trendline and above previous resistance. From the look at current open positions I would say that there is a big accumulation, and that verge is disappering from the markets and with that said there is oportunity for a huge gain as per demand and supply philosophy. 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..."
XLong
by Coder775
XVGUSD Verge long term target 2500% Hi everyone, just another update, as I mentioned in my previous analysis that short term target is 0.075 and 0.091 but looking from the perspective of long term I'm seeing a target of 0.5 per verge. I hope that you still holding as this last dip was announced before, as I targeted 0.029 as an 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..."
XLong
by Coder775
2
XVGBTC confirmed an upside moveHi everyone, just a quick update, yestarday verge xvg has broke thru 38.2 fib and closed above it, as the time of writing this we are seeing pullback to it which means that broken resistance is tested as support and from here we should see another leg to the upside. As mentioned before, i don't think that 50% fib will be respected, my eyes are looking at 61.8 and 78.6 fib as potential resistances. Also bitcoin stranght today is fueling the downside move. 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..."
XLong
by Coder775
XVGBTC high likely 300% gain in the next few weeksHi everyone, next analysis of xvg btc verge btc is on cards... I would like to mention first that supply of Verge Coin is at 99% and there is not much left, so if you think if its good time to get into verge, i would say it is because when the supply will get to 100% there won't be anymore coins coming and that should reflect in price going up. As of writing price of XVGBTC is 58 sat, and we are currently above strong resistance level, price may aim for futher gain towards 66 sat where we have potential resistance which in my opinion won't be respected or just for a short period of time, as we have stronger resistance at 72 sat which should have a bigger impact on price of verge coin. Next resitance is at around 92 sat, and from there I would expect price to go toward 100 sat and next 150+ sat where 1.61 fibonnaci extension is. 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..."
XLong
by Coder775
XVGBTCHello everyone, this is another update on XVG (Verge coin) . Looking at Volumen we can see that there is a big spike in buyers, so you may think, why does the price don't go up? The basic analysis of support/resistance comes to my mind. After finding resistance at 1 fib extension, we may see a pullback all the way to 39 satoshi where lays 61.9 FIB from last rally. There is nothing to be worry about, another oportunity to get some more of it. Also bitcoin rally does support verge price to USD. Now we are awaiting for a stron rally towards around 70 satoshi. 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..."
XLong
by Coder775
4
This Can Be Final Resistance For Verge Coin (XVG)Hey friends, hope you are well, and welcome to the new update on Verge coin. Reached again at key level resistance: The price action of Verge has reached a $0.019 resistance. This is a very key level and final resistance on long-term, because, after this there is no significant resistance up to the highest price in the history of Verge. Big up-channel resistance: On the long-term weekly chart, the price action of XVG has reached the resistance of an up-channel. The previous week’s candlestick was not able to close above this resistance but the new candle has been opened above the resistance of this channel. If we will have the closing of the current week’s price line above the channel’s resistance then it may start a big move towards the previous highest price. Otherwise, the priceline may re-test the support of the channel again. Step by step movement: On the daily chart, we can observe that after every rally the price action is getting retraced and then starts the next rally to the upside. After the recent rally the price action has been retraced between 0.382 to 0.50 Fibonacci level. In the meanwhile, the priceline is also using an exponential moving average of 21 as support. A big bull cross of SMAs: On monthly time period char, the price action of Verge currency has crossed up the simple moving averages with the time period of 7 and 25. The 7 SMA has also formed a bull cross with SMA 25 that is a very big bullish signal. Conclusion: At the moment in the long-term, the priceline of XVG is struggling with two major resistance levels. One is $0.019 price level resistance and the other one is the resistance of an up-channel. If the prcieline will breakout these resistance levels then the XVG can lead the bull market of all cryptocurrencies including Bitcoin.
by moon333
2