Is VERGE (XVG) on the 'verge' of a breakout?VERGE (XVG) is one of only nine ISO 20022 compliant cryptocurrencies and is by far the least well-known of the bunch. VERGE is also currently trading within a nice wedge pattern and seems to be forming what could become an inverted head and shoulders pattern on the 4-hour chart.
This could be a very good sign for VERGE currency!
Good luck, and always use a stop loss!
Vergecurrency
XVG still correcting- On monthly time frame the RSI is above its SMA. A slightly bullish scenario.
- This could lead us to the upper trendline, so something like ~0.02
- If we see some more momentum building up, for example a bullish diVERGEnce on the RSI, it could continue breaking the upper trendline with a body (not just a wick) (and holding it as support with the following candle(s)).
- If momentum is weak or we are simply too early, we could just finalize the ABCDE pattern and visit the lower trendline. ~0.0012 would still be in valid ranges.
- If we continue with the pattern, then at some point 2026 - 2029 a breakout to the top would be the most likely outcome according to general technical analytic rules.
- If it fails to break out or does even fail to develop a trading channel above key support levels, then everything to the downside is possible.
___
The red dashed lines mark gaps. (Yes, (CME) gaps are also applicable to many other assets...)
We have a few gaps below current price, there is a tiny one close to ATH as well.
On the 6M time frame is a gap in the making (could confirm tonight) at ~0.0024 which gives us a hint that there is a somewhat higher likelihood to re-visit those levels and close the gap anywhere in the future. (Could be in years, in days, or never...)
___
Non of the above is a trading advice, all of the above might be completely wrong. Nothing is guaranteed. I am not a professional. Use this information for your own research. Do not invest anything which you cannot afford to lose.
Have a great day!
XVG is on the 'Verge' of a very big move!The last time XVG charts looked like this it ran 25X over the next 6 months. Let's also not forget that it's one of only 9 ISO 20022 compliant crypto-currencies out of the entire crypto-sphere!
Don't miss it!
Verge fractal pattern in play.Life in itself is one fractal attached to a much larger fractal. Verge may be setting up for a possible repeat here. I spotted this pattern a month or so ago, but it appears that if this pattern does repeat the time of its ascension is getting close.
Still on the Verge...XVG - Verge Currency is setting up nicely for what could be a very big bounce. Watch Sept 22nd through the 23rd.
We're on the Verge! (XVG)Verge is setting up for what could be a very big move. Whether it will be sustainable remains to be seen, but I've picked up a nice bag of XVG that when it bounces will be swapped at a higher value for other cryptos. This is an exchange rate play. Swap the winner for the loser and increase you position on their dime!
Verge (XVG) trade set up.Here's my XVG trade set up through January 1st 2024. Verge is one of the nine current cryptos that are ISO 20022 compliant and at the moment is the lowest priced of the nine. I think we are going to see a big move in cryptos moving into the new year, and most people think it will be bearish which automatically makes me think that the exact opposite will actually occur. Once the move gets going those who have missed out on the other 8 coins will FOMO and drive the price of XVG up very quickly.
$XVGBTC on the "verge" of a breakout?This is my view:
Bitcoin has been running sideways for a long time and I think people are getting tired
Alts are currently retesting support on the multi-year macro trend line.
And now, with respect to BITFINEX:XVGBTC , it looks like the end of the downtrend is nigh.
BTC dominance looks like it's about to keel over.
BTC arguably will not hit an all-time high this year, and when it does next year, it's an ABC correction to the pits of hell.
Alts look primed. What do you all think?
Verge is setting up for a colossal move to...XVG/Verge is setting up for a colossal move. The Cup & Handle formation on the left made a substantial move from .001725 to .0766 over the course of about 13 months. If you look at the chart on the right you can see that a fractal repeating pattern has taken shape, and now looks like the optimal time to go long.
Don't fall for the shakeout in Verge (XVG).The market-makers (market-manipulators) are up to their old tricks attempting to pick up extra coins for the inevitable bounce that's about to happen. Don't let them shake you out.
Don't do what they say, do what they do. Add additional shares if you dare!
Verge (XVG) getting ready to explode in price!You can easily see the fractal pattern repeating itself for the second time. The price has spent next to no time below the bottom white trend line. Any price from here and below is likely going to be a great buy in the coming months.
~$0.02 per XVG by the end of Aug 2024. Is it possible?Hello Traders,
As you know, XVG, aka verge currency, had a fantastic bull run in 2017. We might never see such a bull run again on XVG, but it may experience another bull run on a medium scale until next year.
You may think $0.02 per xvg is not possible, but I tell you, anything is possible in the crypto world.
Let's revisit this idea next year and see what happens until then:)
Please hit the boost and follow button to support me.
Thanks
VERG new uptrend movement 💣🚀💣Hello 🐋
we expect to see more gain for the price in log term targets 🚀💣
before more gain, we can see correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
XVGUSD Moon IdeaIdea suggesting a large W pattern on the non-log chart
2 being the middle of the W and 1 being the outsides
If this happens the moonshot would be much bigger than the first one at (1)
Everyone loves a moonshot
$XVG #XVG #VergeCurrency macro analysis with linear fib targetsHere's a update to my recent chart with some adjustments and with linear fib targets.
I figure looking at linear targets could provide a more conservative outlook, albeit still bullish.
Log scale targets will be implemented if XVG blasts through the linear targets.
What do you think?
$XVG #VergeCurrency macro analysisI think XVG might be repeating history but on a longer time frame.
The waves and fractals appear to give this theory credence.
What do you think?
$XVG Wave III targets: 13 - 48 centsUpdated the chart. The more time lapses the more we see the bigger picture more clearly, so we think!
I like how this fits the parallel channel.
If history repeats, we are in Wave III conservative targets are 14-48 cents.
What do you think?
XVGUSD Updated ViewAn updated view for XVGUSD on the Monthly timeframe showing a green down trend line that should be bought once broken above
A double Top can be viewed on this Logarithmic chart, allowing the formation of the red down channel
$XVG #XVG #VergeCurrency - Does this look bullish to you?It seems XVGUSD is testing long term support. What do you think?
Verge is Ready! (XVG/BTC)Chart is clear. Xvg is about to break trend line. I'm not overhyping this so my target is around 75 sats. But if xvg breaks that line too, maybe we can see 120 sats.
I'm just a trader like u guys, and I just wanted to share what I saw here. Don't take it as a financial advise.
XVGUSD Alligator RepetitionThe alligator indicator can be seen to on this monthly timeframe acting very similar to it did in the past (green box's)
Will the green candles follow? I do hope so
