New Verge (XVG) XMAS Morning Target up 245% to $0.529Based on the last rally and utilizing mostly fib retracement to estimate a buy location (without signals), I'm seeing we'll enter a buy area within the next couple hours while creating a bullish flag or pennant (more likely a flag), then we should begin the rally into a Christmas morning surprise completing at $0.529 or nearly half way to Ripple's value.
Ripple is also going to be pushing 325% soon, so be ready for that as it keeps ahead of Verge for the time being. But that may not last forever. It's possible Verge may overtake Ripples position, unless Coinbase adds Ripple (likely) and/or there is more good news from the Ripple camp during the end of the year and into next year (again, likely).
My ripple projections show that we'll go through a couple rallies and retracements with a target around $4.20 for XRP and it's possible that XVG may hit $2.00 within the next couple weeks as it has been maintaining 300% rallies pretty regularly.
Vergecoin
XVG/BTC Short Exit?Hey all, pretty new at this, and I love the community and ideas here. I have been watching XVG/BTC for a while and has been exploding. Is it due for a correction? If so, might be a good time to lock in some profit and wait for the correction around 1150?
Good luck and happy trading
XVG (Verge Currency) Elliot Wave FormationThe Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. (s/o to Wikipedia for the definition because I'm too lazy to type one up) XVG
Bullish momentum building following consolidation.Cup and Handle. Bullish sign that the consolidation is over and the bulls are starting to take over the balance of power. This coin has been really chomping to take off but the 20 and 30 BTC sell walls which are placed all over the first 50 orders in the book have been successfully stopping what could have been some very strong upward momentum.
At the time of writing, the handle has broken through some strong resistance. There's still plenty of impressive sell walls ahead.
Let's see if the momentum can't encourage some of these Bears to lift their embargo's against their own profit.
Could be some time to buy in. But that window is closing. As soon as the first 20 BTC wall is met and pulled it's game-on for another run. Can't determine a sell position. Just know that it's probably going to be like last time so it won't last long. Just pay attention to RSI, Volume Oscillator, and don't get *too* greedy.
Good luck!
VERGE (XVG) - High Risk, High Reward, Target +311% to $0.165 USDI'm seeing Verge is Bullish with the flag nearly formed, which will signal the continuation of the previous 300% rally, for an additional 300%.
The additional 300% appears to have a starting position right near the 61% Fib retracement line.
Also, Ichimoku shows we'll be touching the shoulder of support for a likely push upward.
Expect this to start tonight or early Monday morning.
Bull's Exhausted? Head and Shoulders appear.The Head and Shoulders pattern is typically a bearish sign of a trend reversal. We see one having appeared here and at the moment we are just at the neckline. If the neckline is broken we may see a continued trend reversal. But we have also seen this pattern reverse and lead into another bull run. What I am most uncertain about in this analysis is the volume. As we can see, the volume of the Right shoulder (his right) is pretty massive. On Binance that shoulder reached about 480 Sats before reality set in. The head and left shoulder are showing diminishing volume. Maybe someone with more expertise can chime in and let us know if this is a signal that the H and S pattern is valid or invalid.
I'm learning all of this as I go so don't take my analysis too seriously!
Good luck.
FIBO VERGE RETRACEMENTI found some support zones with fibonacci retraction. Verge is coming out of a bullish triangle. And possibly another triangle will form after this correction.
VTC BTC - Possible Inverse H&SVTC after making a double top, lost almost half of its value in past few days.
This presents a significant buy opportunity, followed by lucrative targets. Currently we are observing formation of a possible inverse H&S. Buy order should be placed above the H&S confirmation level (0.00053). Also, note that 50MA is coinciding with the H&S confirmation level and acts as an important catalyst. Resistance levels are marked via orange rays on the chart.
Once purchased, Stoploss can be placed around 0.00049. Ignore the chart if price falls below 0.00045 without making H&S.
Happy Trading :)
XVGUSD - 4H log chart looks like a bullish asc triangleLines are self-evident. Both the log and non-log 4H chart looks like a bullish ascending right triangle. The shape really becomes discernible on the log chart. Combined with what looks like a recent ABCDE Elliot Wave correction triangle pattern forming, expecting a bullish rally into the next month or two.
Verge FA and TA are solid. Good coin to HOLD Bitcoin has been seeing ATH while Verge has been consistent with being stable bouncing within 100 sat over 6 months with much respect to the trend line and support at 80 sat. Price targets 120, 180, 250, all very reasonable.
After updates, Tor integration, I2P android wallet, wraith protocol "Optional private ledger", VISP, wallet UI overhaul, atomic swap, update libraries (openssl, boost, etc, near completion), RSK contracts planed around completion of RSK testnet, This will make Verge the first Anon Smart Contract Platform.
Possible mining pool from MinerGate. Twitter out to vote for verge to be added is HUGE already.
Current state, 12 Dev contributors with over 600 commits (Very healthy compared to PIVX ZCASH DASH MONERO), New mining pool with a 2% fee going to fund further Verge development.
I see Verge competing for rank 30 soon.
Will VERGE URGE to SURGE?! $XVG #VergeCoin #VergeCurrencyJust an observation - what do you all think?
Check out the similar circled downtrend patterns.
Can we expect a huge IMPULSE BREAKOUT?!