Verge (XVG) Break Above Resistance Can Lead To 35%+Verge (XVGBTC) is now moving within an ascending channel while also facing resistance...
60/61 satoshis is working as a barrier and the current level to break.
Conquering this level, closing the daily candle above 60/61 satoshis, can lead to an additional 35% in growth.
Even if this level isn't conquered today the outlook is quite positive for XVGBTC.
All the indicators are bullish and the chart shows plenty of room available for additional growth.
Thanks a lot for reading.
Namaste.
Previous chart, Jan 28.
Xvg
XVG - On the VERGE of Mooning!💎🚀💸Look at XVG a couple weeks back and looks like we're still heading onward and upward.
HUGE volume breakout confirmed and the uptrend seems rock solid right now.
Expect this to put up serious gains moving forward.
XVG - Ascending ChannelCurrently looking at an ascending channel on XVG/BTC after the rollercoaster it was on a few days ago. Verge has consistently bounced between support and resistance recently and I have a feeling it has another run up left in it before potentially moving back down. Additionally the MACD is starting to reverse to form a bullish crossover and we can see that buying momentum is starting to pick back up. I also generally enjoy trading XVG because of its volatility.
Entries: 46, 47 sats
Stop Loss: 44 sats (or none)
Targets: 52, 54, 58 sats
XVG Looking for a retest and break of the strong resistance line. Position for a good entry point. Always use a STOP LIMIT.
XVG/BTC Price above MA 200 while MA 50 wants to cross itXVG 24 hours timeframe wanna start a growth due to the pressure of MA 200 and MA 50
Look after it.
Entry:42
Exit:47
Stop:39
XVGBTC trendline respected eyes on 77 Hi everyone, just a quick update on XVGBTC, as you can see we had a nice pullback to the upside from D1 trendline what can indicate that we are still in uptrend and and all eyes are on 77 satoshi for now where 1.61 fib lays.
In the next few days I'm expecting price to break above 1 fib and retest it, also keep in mind that if we will see break above and than fall below 78.6 the trend direction may change.
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..."
XVGBTC flipped resistance to support, higher low for next leg upHolding around 39-40 is a bullish response to the selling pressure from Bitcoin's surge today. I believe this is great support for the next leg on XVGs bullish price journey. This is a good risk/reward opportunity with a tight stop loss, if the price goes below 36 sats the trend will be in question.
Verge Ascending (XVG/BTC)Chart is clear. We gonna see upper movement.
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.
This Can Be Final Resistance For Verge Coin (XVG)Hey friends, hope you are well, and welcome to the new update on Verge coin.
Reached again at key level resistance:
The price action of Verge has reached a $0.019 resistance. This is a very key level and final resistance on long-term, because, after this there is no significant resistance up to the highest price in the history of Verge.
Big up-channel resistance:
On the long-term weekly chart, the price action of XVG has reached the resistance of an up-channel. The previous week’s candlestick was not able to close above this resistance but the new candle has been opened above the resistance of this channel. If we will have the closing of the current week’s price line above the channel’s resistance then it may start a big move towards the previous highest price. Otherwise, the priceline may re-test the support of the channel again.
Step by step movement:
On the daily chart, we can observe that after every rally the price action is getting retraced and then starts the next rally to the upside. After the recent rally the price action has been retraced between 0.382 to 0.50 Fibonacci level. In the meanwhile, the priceline is also using an exponential moving average of 21 as support.
A big bull cross of SMAs:
On monthly time period char, the price action of Verge currency has crossed up the simple moving averages with the time period of 7 and 25. The 7 SMA has also formed a bull cross with SMA 25 that is a very big bullish signal.
Conclusion:
At the moment in the long-term, the priceline of XVG is struggling with two major resistance levels. One is $0.019 price level resistance and the other one is the resistance of an up-channel. If the prcieline will breakout these resistance levels then the XVG can lead the bull market of all cryptocurrencies including Bitcoin.
Don't Sleep on XVG!Verge potential bull run will melt faces.
minimum 1.618 fib extension could see Verge at 50 cents.
Looks like it has bottomed and is forming a solid reversal with a huge base formed and inverse head and shoulders support
It made its target of $0.02 cents and could consolidate over next few weeks, looking for bulls to charge ahead and keep this above 50 day MA
XVG Altcoin [crypto]xvg will have its run cause of its meme level
Big accumulation zone with a breakout attempt above diagonal resistance.
once it is broken price should move fast to 200 satoshi +
>Moving Averages are bullish and curling up
Are You Ready For XVG Pump ?Clean Breakout & Retest On Daily Downtrend , keep an eye on it . it can follow doge.
Decision time for XVGBTC (Pitchfork, Daily)Simple rules for a pitchfork chart:
* Price tends to gravitate towards the median line.
* When price breaks the median line there is a high chance it will pull back to retest again the median line.
* When price breaks the Pitchfork channel on the opposite side of the channel direction, there is a shift in market sentiment and the trend can reverse.
Right now we're at point 2, the price has broken above the median and retested. However the price is also testing a significant horizontal support level at 33 sats (purple line). If the price falls below 33 sats, I believe a new ATL is likely.
If the price breaks above the pitchfork channel (point 3), that will signify a trend reversal and should be a good indicator to buy. See for an upside trade possibility.
XVG Triangle Formation (XVG/BTC)Xvg forming a triangle. Wait for upper resistance breakout. I can't figure any target but it must follow our beloved Doge ^^
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.
Verge USD XVG Hi guys, just a quick follow up on my previous analysis, as I mentioned before, we broke thru resistance at 0.01 and retested it, from where we can see a momentum to the upside, the next important resitance are as shown on my analysis.
keep in mind that this is not any recomendation, its just speculative observation of the price action.
"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..."