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Vergecurrency

XVGBTC bounce from support, may verge be listed on coinbase? Hi everyone on my next analysis. As I posted previously we have seen resistance at 161.8 FIB at 65 sat and we positively retested previous resistance as support at 52-54 sat from where we had a big gain. I would like to point that this gain is kind of similar to the pattern I saw recently on ANKR before coinbase announcement. Is coinbase buying Verge before announcing adding it to their exchange? there is high chance of that as they were previously fined for market manipulation and move like this wouldn't surprise me at all.. This is something comonly done by big exchanges to get ahead of people to get better price as this kind of announcement are having big effect of coins. This is just speculation, this isn't any news or inside information, I'm just comparing what I have noticed on previously announced coins and buying scheme. Also coinbase was fined for using a BOT to trade for them and I can see similar action being made currently on verge and with that in mind I'm seeing someone accumulating big amound of Vergecurrency before some kind of announcment, what is it going to be? no one know .... I would recommend everyone doing their own research as it is most important think to do before investing in something. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
4
XVGBTC on local resistance on H4 with no fundamental informationHi everyone on my update on XVGBTC analysis. In past couple of days verge gained a bit of upside momentum but it was immediately stopped by 1.618 fibonnaci level and as a matter of facts if we won't break above it (65 sat fibonnaci 161.8 and 66 sat is previous HIGH on D1) we may retest 56 sat level . This is just one of possibilities of what may happen . Also lack of information from Verge team is a bad news.. all other projects are announcing some news but verge didn't do anything in past months. There are speculation about possible partnership but if there was one they should announce it already... It seems like they still looking at options what they can do, but there is lack of information. Also I would like to point out that as they delay any announcement they are missing on people wanting to spend their money and hype which is around crypto right now. If they want to educate people about crypto, now is a good time as there is hype and people are more willingly to learn about it and lots of people want to do so. This is just my own opinion, you may agree or disagree with it, i don't really care but I still think this project is really good one but lack of any news, promotion etc is bad for it. Also I don't really understand why they won't stand up against binance to add more pairs to trade it more freely . If there was more people would get more interested in it but for some reason they don't work towards that they are saying that they want to educate people but my question is which ONE? because the ones that do know the project they know what it stands for but we need to get more people (specially the NEW ones) to get to know project. //// Also I forgot to say that at 63 sat there is 50% fib. You can see that on my previous analysis. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
2
Verge seems to be Undervalued and Good for Investment 24/02/2021Verge (XVG) is a decentralized open-source cryptocurrency which offers various levels of private transactions. It does this by obfuscating the IP addresses of users with Tor and by leveraging stealth transactions making it difficult to determine the geolocation of its users. Verge Currency has a maximum supply capped at 16,5 billion XVG. It uses the Proof of Work (POW) mining principle with multi-algorithm support and 5 different hash functions: Scrypt, X17, Lyra2rev2, myr-groestl and blake2s. Verge Currency was created in 2014 and originally named DogeCoinDark. It was rebranded to Verge Currency in 2016. Following the bitcoin principle, Verge Currency has a transparent ledger that allows anyone to view all of its transactions, but protects user identities and locations. This was achieved by integrating both Tor to not expose IP addresses and using stealth transactions, formerly known as Wraith Protocol, to hide the value of transactions. In April 2018, it was announced that the adult entertainment provider MindGeek would begin accepting Verge Currency as a payment option on its website network. Also during April and May 2018, Verge Currency suffered from timestamp exploit on one of its 5 mining algorithms. This could have resulted in a 51% attack if it had only one algorithm. as of now we can have up to 4 TPs for this coin and it seems to be very promising as an investment alternative and worth of reweaving and researching more on its fundamentals...
Long
by BitonGroup
10
XVGBTC posible resistance at 73-76 satHi everyone in another update to my analysis. As i mentioned before we are in strong uptrend, above previous 2 resistance levels and 100MA which worked perfectly as a support, but we may see potential resistance at 61.8 FIB which is at 73 sat. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
2
XVGBTC need to close weekly above 100MA for more upsideHi everyone and welcome to my next analysis of verge currency to btc. I would like to point that we need to close above 100MA which is at 53 sat to change trend to bullish in long term. As seen on chart 100MA worked as resistance in past and it is really important to close above it. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGUSD found a support at 61.8 fib points to the upsideHi everyone, this is just another update on XVG USD pair Verge. Statistic are pointing that if a pair is going to find support at 61.8 fib than the price is going for a new high and in that in mind I'm seeing a verge breaking new high in the next few days. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
10
XVGUSD Verge made higher high and broke from resistanceHi everyone, this is just another update on Verge USD pair, as of writing what we can notice from the chart is that verge made a move upwards and made a new higher high also higher low which may indicate a change of trend. Also pair broke a local 4H trend line. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
3
XVGBTC low interval volume picking up quickly Hi everyone, today I'm doing unusual analysis on Verge to BTC on 1H interval which indicates nicely that accumulation is in progress at our support (38 sat) . As pointed on chart volume at this levels have skyrocket and now it's taking over sellers. Also we are seeing constant attempt to break higher which may indicate that someone is closely controlling this levels as they in processes of accumulation and they haven't finish yet but soon the breakout may happen. Keep in mind that if someone is using technical analysis and wyckoff waves and accumulation process we may see a drop lower before next move up (this is just one of options that may happen) . This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
1
XVGBTC off lows awaiting volume to confirmHi everyone, just a quick update on XVG verge to BTC pair. As of writing the pair was trading at 41 sat, up 6 sats from lows. After reopening deposits and withdrawals by exchanges we can see that on order book on binance we are seeing additional 500mln verge that came on exchange within 2 days, around 250mln under 100 sat and next 250mln over 100 sat. We need more buying power to get the price higher, as of now what we can see that pair is supported above 32 sat where I would point a strong support. Also pair is trading in consolidation which may indicate that someone is accumulating at this levels. Unless we will break above 54 sat we are still in consolidation with a possibility of dropping to 32 sat to scare people to get out of their position at lose and to accumulate move. This is just one of option. Only break above 54 sat will indicate further upside move. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
1
XVGBTC Binance finally opened deposits and withdrawalsHi everyone, as you may know binance finally opened deposits and withdrawals of verge currency as a matter of facts I looked at the current volume which indicates that move to the downside is on lowering volume which indicates that this is just correction from last rally. Also what can we see on volume chart that green volume is rising on last dip which also indicates that those levels are well supported. For more info about potential targets look at my previous analysis. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC well supported, ready for big gainsHi everyone, just a quick update on what is happening right now on verge. Lets first start with information that some of the exchanges are resuming trading on verge which is great information. Secondly Verge XVG to BTC pair has find a support at it's previous resistance which indicates that we are going further up. Thirdly i would like to mention that cumulative volume is green onboard, which indicates that there is accumulation of whales who are keeping price in one spot before they will make move. Before the rally they may try to scare some of people by pushing price below support level for a short period of time (it's called stop hunting/ margin hunting ) or in other words panic selling. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGUSD only close above 0.029 will suggest further upsideHi everyone, just another quick update on my previous analysis. As i mentioned before 0.029 was a resistance and as you could see we had a 30% pullback from over there, now as we approaching it again I would suggest to be cautious as we may not break it at first and there may be a small pullback, i wouldn't expect it to be as big as the previous one but may occur. For further upside I think that verge has to strongly cross 0.029 . This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
1
XVGBTC on 2 month old support line ! don't miss oportunityHi everyone, another update on XVG verge. As you can see we had a pullback from the resistance, particulary caused by unsucessfull attack on verge blockchain. Well done Verge Team, keep the good work. Okey lets get back to verge and what can we expect from it. As you can see on the chart, we had a pullback to 2 month old support line and also test of 61.8 fibonnaci, which should support the verge from futher falling down, also problems with blockchain attack were resolved and I think the attack could be to scare people from this coin, so that they will sell in panic and someone who was behind this attack can acumulate more. We should be supportive and don't let the panic affect us in any case. As a matter of fact we should support it by spreading the word about a great job of verge team and don't spread the fud. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC no reason to panic sell ! good time to buy more Hi everyone, this is another update on xvgbtc verge btc, after yestardays problems many people started to panic sell verge, in my opinion now is a good time to get some more, as we had around 30% retracment, we still are holding above trendline and above previous resistance. From the look at current open positions I would say that there is a big accumulation, and that verge is disappering from the markets and with that said there is oportunity for a huge gain as per demand and supply philosophy. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGUSD Verge long term target 2500% Hi everyone, just another update, as I mentioned in my previous analysis that short term target is 0.075 and 0.091 but looking from the perspective of long term I'm seeing a target of 0.5 per verge. I hope that you still holding as this last dip was announced before, as I targeted 0.029 as an resistance This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
2
XVGBTC confirmed an upside moveHi everyone, just a quick update, yestarday verge xvg has broke thru 38.2 fib and closed above it, as the time of writing this we are seeing pullback to it which means that broken resistance is tested as support and from here we should see another leg to the upside. As mentioned before, i don't think that 50% fib will be respected, my eyes are looking at 61.8 and 78.6 fib as potential resistances. Also bitcoin stranght today is fueling the downside move. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC high likely 300% gain in the next few weeksHi everyone, next analysis of xvg btc verge btc is on cards... I would like to mention first that supply of Verge Coin is at 99% and there is not much left, so if you think if its good time to get into verge, i would say it is because when the supply will get to 100% there won't be anymore coins coming and that should reflect in price going up. As of writing price of XVGBTC is 58 sat, and we are currently above strong resistance level, price may aim for futher gain towards 66 sat where we have potential resistance which in my opinion won't be respected or just for a short period of time, as we have stronger resistance at 72 sat which should have a bigger impact on price of verge coin. Next resitance is at around 92 sat, and from there I would expect price to go toward 100 sat and next 150+ sat where 1.61 fibonnaci extension is. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
USA fails to support XVGBTC uptrend ? Will it make it or no? Hi everyone, another of my updates on xvg verge btc analysis. As we can see, USA has failed to support an uptrend of xvg and may want to retest of previous resistance at 47 sat as it's support. In case if the support at 47 will break the next support is seen at 43 sat. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775