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Xvg

This Is How Verge (XVG) Is Looking After New ATLJust 4 days ago Verge (XVGBTC) hit a new All-Time Low... See it here: You can say it easily on this pair, the bottom has been hit and once you hit bottom, the only place left to go is up. Looking at the weekly/long-term chart, we can notice another bullish signal in the form of a Doji (last week). The TD Sequential is also supporting this view while prices are challenging EMA10. The RSI is at reaching 40, which is already strong on the weekly timeframe. When you have a strong RSI at low prices, it only means that it is a matter of time before strong bullish action takes place. With all that said, we will see prices grow next. Thanks a lot for your support. Namaste.
XLong
by AlanSantana
18
XVG back down to All Time Lows!?XVG, like most alts, has been in a huge bear trend since Jan 2018 when it was trading around 1500sats. It went through a long accumulation phase between the Weekly Resistance of 53sats and Weekly Support of 36sats from December 2019 to June this year. I have identified a trend-line on the Monthly TF, starting from the peak of the October 2018 candle. The 3rd and most recent test of this trend-line came on the Weekly candle of July 15th which failed to break through. Since then price has also lost the Monthly Support of 71sats and is now testing the Weekly Support of 53sats. If price were to lose this final Weekly Support, it would almost certainly test ATL's again which is around 35sats. Price must hold this Weekly Support of 53sats to form a Higher Low and move upwards to prevent this.
XShort
by UnknownUnicorn3942995
5
XVG is forming bullish reversal moveThe priceline of Verge coin has broken down the $0.005 support and moving between $0.005 to $0.003. SMAs on weekly chart: On weekly chart the priceline has broken down the 100 and 25 simple moving averages and now likely to break down 50 SMA as well. Bullish BAT move: The price action of XVG coin is completing final leg of bullish BAT pattern on long term weekly chart. As per Fibonacci sequence of bullish BAT the targets are as below: Potential reversal or buying zone: $0.003321 to $0.002484 (this should be used as stop loss as well otherwise the priceline can move down to form Crab ) Fibonacci projection or sell zone: $0.005317 to $0.008313 Ichimoku cloud on weekly chart: On weekly chart the priceline has formed a double top at Ichimoku bearish cloud’s upper top. Now the price action of XVG is at the bottom of this cloud and can move more down for the completion of BAT. Conclusion: The priceline is likely to take bearish move to the downside. But infact this move can be a bullish reversal, because for the completion of bullish reversal BAT pattern this bearish move is needed.
BITFINEX:XVGUSDLong
by moon333
1