Get started

Vergecurrency

Sobering reality for all you $XVG Perma-bulls (still GREAT news)Remember: You heard it here first. When every single other person on TV was shouting ATH! RIGHT! NOW! Suffice to say, if this is truly the course, what a big chance for us to maximize our bags here before blastoff 2.0. As you can see, mid-Dec was a nearly identical formation that shot up after a desc scallop getting rejected at .382 leading to a 2nd baseline support touchdown. Now, look at our current setup. Desc scallop with a Stoch RSI capping/crossover, possible Ichi crossover & bbands turning in - all right as we are approaching .382, again. This is one reason why I believe we will get rejected at .382 (just like blast off 1.0 did too). However, we could still hit ~1k sats before that. Even a run to .5 or .618 would set up an even more bearish plummet to 2nd baseline touchdown, imo. Target of 399-571 , which would be a SUPER healthy touchdown before 18,000 sats and/or $1.50-$2 by August. I've already executed my sell & plan to go all in on target. Cheers! GL out there! $xvg #xvg #vergefam #verge
Short
by jmC3PO
57
Verge. Is there a life after Pornhub?Coin of the day is Verge. 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. Latest events 15 April – statement about Verge and Tokenpay planes: “As many are aware, we contributed 66,500,000 XVG to the Verge crowdfunding campaign in order to secure a major deal for the coin and solidify a strong lifetime partnership that will ultimately benefit both the TPAY and XVG community… the alliance includes co-branded debit card solutions for TPAY and XVG and several planned deep integrations of XVG in to TokenPay platform rollout initiatives.” 17 April - Verge announces a partnership with Pornhub. Major global pornography conglomerate PornHub stated that they will now accept the cryptocurrency Verge as a means of payment. Negative reaction of caused a sell-off of the currency. Nonetheless, there are a lot of believers that such coalition will eventually pay-off greatly for the Verge. 1 May – Bitfinex listing Verge. XVG will be tradable against BTC, ETH, USD, GBP, EURO & JPY. As always, listing on new exchange pushes the price higher. Technicals After a drawdown XVGBTC still stays in the bullish bias, though pretty big correctional recession happened. After the crucial announcement, the coin price went down, came back below the 0.00001 level, which was strong support for the starting uptrending cycle. Nonetheless, the fall stopped around the 100-days EMA, and XVGBTC started to draw a rebound pattern, recently the price broke above the Neck Line of the Reverse Head And Shoulders pattern, which favors the beginning of the new bullish cycle. The breakthrough accompanied with a rise in volumes, which shows that the price is looking attractive for investors again. The 0.00001 resistance will be crucial for the future uptrend development, breakthrough above it would be a buying signal. Near-term support is 0.000008 level, which should stay strong to support the Reverse Head And Shoulders formation. 100-days EMA should act as a support for the overall rebound scenario, breakthrough below the 100-days EMA would lead the price into a downtrend.
Long
by DestinationMoonCrypto
Classic Edward Pitchforkhands has formed on $XVGCan't believe it took me this long to spot it... but it's clear as day that $XVG is forming a classic right-handed downward pointing Edward Pitchforkhands outcome probability technical formation. XVG is traveling through the hand, as we speak. It will soon choose which finger(s) it prefers. It must hit the yellow line in one of the two golden boxes. Edward shows us the way (likely path) with his pitchfork hand. Thumb is already denied. I hope it isn't the pointer finger, as I've already shorted at 702 back on 04/24. Expect new ATH once we parabolic off the yellow line, and bust through the top of the yellow triangle. Cheers. **Definitely not financial advice.**
XShort
by jmC3PO
3
VERGE: NEW DEVELOPMENTS - 24 HOURS = 26.63% PROFIT !!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 26nd of April 2018 . Using this buy in point and selling at today's price, you would have expected to net 26.63% PROFIT!!! IN LESS THAN 24 HOURS!!! The increase in price may also be explained by positive developments including: 9 April: Verge reaches a non-binding Non-Binding Verbal Commitment on Partnership, Equity Stake and Product Integrations. Bank notifies intention to offer TokenPay blockchain products to its customers. 10 April: Verge notifies the public that they are working on their own anonymous cryptocurrency exchange called EFIN. 16 April: Verge notifies the world it's partnership of a German Bank via TokenPay. 16 April: Verge notifies the world about it's creation of an escrow service in Romania called TokenEscrow. 16 April: Verge notifies of it's purchase of a Latin American gaming company and it's rebrand to TokenGaming. 17 April: One of the largest global pornography companies in the world, PornHub states that they will now accept the cryptocurrency Verge as a means of payment 18 April: Thousands of users use Verge as payment for Pornhub video streaming services. 27 April: Verge partnership of the German Bank signed. It expects to close it's deal by the end of the week with debit cards via TokenPay expected to be released soon. Analysis reveals that the partnership deal with the German bank may have led to a huge demand surge in the verge cryptocurrency. Furthermore, it's increase is consistent with the broader rise in the cryptocurrency markets.
by CryptoTradeSignals
5
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