XVGUSD - Another look. Still bullish.I'm sure it has become quite apparent that I am looking forward to seeing this one pop.
Cheers,
Joe
Vergecurrency
XVG - Verge possible Descending Broadening WedgeSo as expected in our previous verge analysis the price fell off to the support regions that were indicated. (Will leave a link to the previous analysis at the end of this post)
So whats next? Its hard to tell but if I were to make an analysis right now I would say that we are in a descending broadening wedge which usually breaks upwards. Analyzing alts at the moment is really hard due to the instability of bitcoin and the fork, but nevertheless I will try to keep you all updated as much as I can.
If it breaks up - The target is indicated in a green dashed line in the chart.
Previous analysis:
XVGBTC VergeVerge skyrocketed and requires serious correction before it may continue to rise. For now waiting for the end of downward movement is most appropriate.
Verge at critical 50 and 61.8 percent retracementVerge is at a double Fibonacci support.
A larger 50% and a shorter term 61.8 from the last leg.
It needs to find support here to keep on trending.
Else we might fallback into ranging prices for a while.
Always fundamental buyers can shake things up from lower levels.
VERGE XVG My Price prediction for the next month.Hey first and foremost I am not an expert and this is not financial advise. It is just my prediction.
I purchased VERGE before the outbreak started and am currently still holding. And after utilizing some of the tools here on trading view I created my price prediction on VERGE for the next month. I am a long term holder of Verge and would love to here everyones opinions.
Make sure to follow me on Steemit @californiacrypto and Youtube @ CaliCrypto
Check out this guy his the one that recommended Verge to me.
steemit.com
Zecoin (XZC) Potential Elliot Wave TrendLook at the inverse price correlation from Verge (XVG) to Zecoin (XZC). Looks like there may be potential for the same group that pumped verge to carry over to Zecoin. Interesting to see if this plays out. If so, XZC price is still pretty low as it's only in the middle of the second wave.
XVGBTC - Could this fractal happen?We have a bullish bottom signal from the MACD. Could this flag actually happen?
Anyone else have thoughts on the chart?
Verge holding strong.Don't listen to the FUD
The dev is active in telegram and discord
The dev has spoken and confirmed wraith release this month.
All previous FUD was due to orchestrated attack on Verge by reddit post and twitter with no proof behind it.
Everything is still on track.
Verge Is Dropping! Buyers Get ReadyThis is the 1-Day Trend of Verge, XVG. The other day, we were overbought. But Verge is making a healthy correction now, as it drops back toward the EMA 15 (Red Line). Get ready to start thinking about buying as 1) you see price move closer to the EMA 15, and 2) the RSI is less than 45%, or what would be even better is if it went below the 20%. Keep an eye on it. We might just get a good buy! I may just put a Limit Order close to the EMA 15 to catch a wick. Good luck!
Long On XVG/BTCHere's a plausible bullish scenario using the 1.618 extension as target's and MACD crossover to predict trend movement.
It appears that XVG is consolidating in a identified Bullish Flag set up.
Targets are set from a 1.618 Extension , as that is what got us here to start with from the previous Bull Flag Set Up.
With news of Wraith Protocol being released this week, as well as post christmas buyers entering the market, this scenario is not completely impossible to play out in the next week or so.
Thoughts ?
XVD - Even more juice leftXVG has held up remarkably well against this recent correction. Now that we're not constipated anymore by the correction, all that pent-up buying is taking off.
Verge has been surging...heh. And I believe there's more juice left in this crypto. Bullish downward triangle is a pretty sweet signal, especially when the MACD looks like it's about to turn up as well.
Expecting higher highs imminently.
VERGE Downtrend: Whales will take profitsIn few days we will see big drops in Verge, if you like risky can buy at 680 sat, next level to buy is 490 satoschi.
Buying now is very riky because verge is very pumped, and a lot of people want to make profits.
You just look at the past.
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
XVGBTC We have dipped on the RSI, MACD, CCI. Earlier trends show this to be gearing up for a bullish run. If our volume increases, we could see another push. What do you think?
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.
XVG Long One of the few privacy focus coins
$0.10 Psychological + Supply roughly 90% circulating "cheap buying season almost over"
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 :)
$XVG Verge LongQ4 Roadmap goals are near. Verge in USD is seeing all time highs.
Supply speculation. Compare
Verge 16.5 billion max 14.3 billion circulating, All time high .009usd and 224 satoshi.
"Ripple" "100 Billion max" 38.7 billion in circulation, All time high .42usd and 23,000 satoshi.
Cardano 45 billion max 25.9 billion in circulation, All time high .16 usd and 1600 satoshi.
Three very fundamentally and philosophically different projects.
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.
XVG is literally teetering on the VergeXVG had quite an exciting run a couple weeks ago. Whether considered a pump and dump or too much excitement surrounding the release of it's new platform, Wraith Protocol, which unfortunately did not meet the deadline the public was expecting.
Since, it has dropped lower, and lower, and lower still until it has been literally hovering on top of it's long term support for the past day.
The RSI doesn't seem to point to either direction, so your guess is as good as mine as to whether it will rise or fall into oblivion.
