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Vergecoin

Verge (XVG) Bounces off support (17% Breakout Potential)Hey everyone, as you guys know, the last XVG trade hit my sell stop at 743 and I ended up selling all of it around there. I was still keeping an eye out for XVG, and we now have another opportunity for it to break to the upside. Trade Signals: -XVG forming what appears to be an ascending triangle, since it appeared to touch the horizontal line twice on the 30-minute chart. -RSI holding around 40, sign of bullishness for XVG -Reached 640 and quickly bounced back up, meaning we still have traders waiting on the sidelines to buy XVG back up. -It is still altcoin season, so the triangle has a good chance of breaking up How to trade If BTC price increases or is stable, this trade can be entered. Buy in: Around 740-760 satoshis (Riskier) During the breakout, around 770-800 satoshi's (safer) Sell points: 840-850 satoshis 890-900 satoshis (entry+vertical length of the triangle) Stop loss (If you decide to use one) - 640-650 satoshis *I recommend setting a stop loss because XVG is a fast mover. A stop loss can free up your bitcoins for buying the market dips so when the market recovers, you end up with more BTC than if you held the coin. That is only the case if the entire market drops, which is pretty much what happens right now since we lack fiat to altcoin pairs. Thanks for reading. Good luck on this trade! If you have any concerns or comments, please leave them in the description. It's one way I get better.
Long
by HD1184K
XVGBTC potential Cup & Handle spotted. Buying opportunity soon?Verge has been nosediving lately, but looking at the bigger picture on the daily graphs, XVG holders may have reason to be optimistic with the formation of what looks to be a cup and handle! If this proves to be true, the bottom of the handle has not yet finished forming. RSI on daily chart is at the bottom of the neutral zone, this along with the RSI divergence signals that it can go lower. MACD histogram also looks like it can go a little lower. Purple lines are previous support lines. (Top purple line is the resistance line that must break for the c&h breakout to be successful) Red line is fibonacci support line of .236 fib at 571 satoshis If XVG retests and breaks down from 668 satoshi suport line, it should bounce back either around 571 or 500 satoshis, SO...stack buys between 500-571 satoshi range stop loss 491 satoshis *IF* XVG follows this general direction, get an astronaut suit and oxygen tank for a moon mission afterwards
XLong
by NeelDuchiebra
Verge will announce partnership details todayCoin of the day is Verge. Verge is the privacy-oriented coin, one of the hottest coins in last two months. Verge team is developing the whole stack of technologies which will help users to protect their privacy in the future. Apart from integrating both i2p and Tor anonymity architectures, Verge also delivers muti-algorithmic mining support that makes it possible for miners that use a wide range of hardware to participate in mining and network maintenance. Recent news The coin recently went through the hype about the 51% attack. Discussion started on the 4-th of April, from the post of one of the representatives of the big mining pool on the bitcointalk forum. XVG price showed a limited reaction to the negativity due to Attack. The team reacted fast and assured that they did fix the vulnerability of the system, and the amount of illegally mined coins will not have any influence on the price. Stolen coins, still, will be left for the attackers. Many Verge holders attributed the events to media attacks in anticipation of the promised revelation of the mystery partner on April 17. A tweet from the CEO of TokenPay on April 8 revealed that TokenPay is most probably the mystery partner and had a vision for the collaboration saying “meeting in Munich earlier today for breakfast with key stakeholders of the German bank. A deal in principle has been agreed upon by all parties. We will provide full details at closing, but can say that TPAY and XVG debit cards are likely coming soon.” In the recent post on Medium Verge team announces official press release on 10 am EST April 17 (14:00 UTC April 17). Quote from the post on Medium: "This partner owns one of the largest payment processors on the internet with several hundreds of businesses routing their payment traffic through them. The partner is going to be supporting Verge Currency by rolling out a global marketing campaign with continuous marketing effort throughout the year." Technicals Yesterday the coin bottomed at the 0.00001 level, confirming it's supportive power After touching the 0.00001 level XVGBTC went upwards, allegedly as a reaction on published by team post on Medium. Nonetheless, the coin did not manage to break above the recent peak at 0.0000135 and now trading slightly below this level. Today announcement will bring high volatility to the market and possible bullish rally. The breakthrough of high at the 0.00001443 will be a signal to buy. 0.00001 level should play a supportive role in the growth scenario.
Long
by DestinationMoonCrypto
5
XVG IDEA (Give feedback)Hey, this is my view on XVG. Could this be a possible scenario? I see a possible cup and handle or head and shoulders pattern forming right now. If either pattern completes we might see a break of the resitance line at 0.09. In short term we need to go down to create the handle or right shoulder. RSI is high and there is room for a drop?? I produce this idea to get feedback. the past 4 months i have been educating myself to read charts and make technical analysis. Please give feedback if this an unrealistic analysis
X
by MathijsR99
1
Verge is currently very Bullish. New Partner Announcement Apr 16Verge is currently very bullish. It reached 690 ($0.055) satoshi yesterday after that announcement that they have a new partner. The name of the partner has not yet been announced but will be on April 16th 2018. They have also managed to raise 75m XVG ($3.2m) through crowd funding in just over a week which is quite impressive. This basically shows how strong the very community/ family is and their belief in XVG. Since reaching 690 satoshi, there was a pullback to 504 ($0.040) but currently looking bullish again. The price currently has broken through the 0.618 fib. MACD and RSI on the hourly is looking bullish too. It should be relatively easy to get back to the 690 mark in the short term since there is a large hype of the announcement of their new partner. I won't even be surprised if xvg increases to 750 ($0.06)or even 1000 (0.08) satoshi by April 14 to 16. Let's see what the price gets to for the short term and then think about the mid term. Around April 15th, we might see a small sell off as traders take their profit and depending on how good the news is on the 16th, the future price of XVG will be decided. Do let me know your thoughts. Not advise just my opinion. DYOR before investing.
Long
by GBBBKSA
3
XVGBTC Bittrex 4H up to 22MAR18 Trading Analysis (TA)XVGBTC Bittrex 4H up to 22MAR18 4H Chart, also works in 1H, at this time the VERGE (XVG) is on its way to test the SUPPORT ZONE 2 to then move up to retest the RESISTANCE ZONE 2, keep in mind that these movements most of the time reflect the BTC movements. Even though the RSI and MACD are pointing down at the time of this TA, they can reverse in any time if the Volume grows and then start a new up trend. Good Luck! 4H Chart, también funciona en 1H, en este momento el TRON (TRX) está en camino de probar la ZONA DE APOYO 2 para luego subir para volver a probar la ZONA DE RESISTENCIA 2, tenga en cuenta que estos movimientos la mayoría del tiempo reflejan los movimientos del BTC. Aunque el RSI y el MACD apuntan hacia abajo en el momento de este TA, pueden revertir si el Volumen crece y comenzar una nueva tendencia ascendente. Buena suerte! "Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal" I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Short
by rodulfox
2