Verge Going For 150% Potential WaveVerge (XVGUSDT) is growing vs Tether... Things are starting to look good.
Notice the down-trendline, it has been completely broken followed by a higher low... Now prices are moving above EMA50 which can lead to additional growth.
The target is on the chart.
Namaste.
Xvg
Verge | Let Me Show You Another Signal... (375% Potential)Let me tell you something... This is early because there are no signals that are pointing to a change of trend but, when you see any Altcoin (Cryptocurrency) pair trading near support or a low while the RSI is at 50 or more than you can expect something positive (GREEN) to happen.
The rest of the market is also moving which support any "idea" of this thing breaking bullish.
This is Verge vs Bitcoin (XVGBTC).
Low risk (~20%) vs High potential reward (~300%+)
Thanks a lot for your support.
Namaste.
Verge: The Original Doge Coin DarkFrom a technical perspective, there is not much to say that cannot be explained with the simple visual representation above.
The correlation between the two is almost perfect and we are experiencing a temporary divergence between the two that is within normal levels.
The divergence is similar to others than have been observed, but is proportionately larger as the system has expanded over time.
Fundamentally, these two coins have a similar level of risk as they are both heavily exposed to the growing adoption of social stances on security and anonymity.
Both projects are approximately the same size in regards to funding, labor, and public interest.
Both projects were birthed during a similar period and were similar in size and growth during cycles over time.
When Verge was birthed in 2014, it was originally Doge Coin Dark before it was rebranded to Verge in 2016, which explains why it has experienced similar trading ranges and is highly correlated to Doge Coin.
When Verge suddenly garners interest in the public eye, it will explode as most people who know Doge Coin today, are completely unaware of what used to be Doge Coin Dark; Verge. There will be many events that can be used to look back and explain why Verge has taken off (Wraith protocol, Rootstock, Investment Fund stakes, etc.), but the reality is that this coin was perfectly poised for this degree of price change and it was inevitable.
Gaps do occur and opportunities present themselves early. That's the joy with paying attention to the market and searching for undervalued coins during mass adoption and record breaking inflation.
Cheers.
Verge: I thought everyone knew this?This really seems to be catching on.
Originally, when I posted about Verge being DogeCoin Dark, and sharing the visualization of this divergence, I thought that it was common knowledge that Dogecoin Dark changed to Verge early on.
Now, over the last couple of weeks, with all of the hype over DogeCoin + insane new ATH's for DogeCoin, people are starting to talk about this.
It's funny because Verge has a use-case that Dogecoin does not - privacy and anonymity aka. THE NAME OF THE GAME.
I don't know how this is getting so confused, but with so many people joining the cryptocurrency space, the fundamentals seem to be getting overlooked and largely forgotten.
On Reddit today, someone literally said, "I thought the entire point of cryptocurrencies was to shift financial power to be accessible to everyone in equal measures."
While that is a great thing to imagine, it could not be less true for what crypto-currency provides.
Crypto-currencies (in general) have a max supply, meaning that a monopoly can occur and cannot be shifted from that currency.
Access to crypto-currency is still more available to the wealthy (if you're reading this, I am about 95% sure you fall into this category), which means this will only shift more value away from those in poverty.
Most Crypto-currencies have a block-chain where addresses are associated with IDENTITIES on CENTRALISED and COMPLIANT exchanges.
With this, Cryptocurrencies are taxed just like fiat.
Anonymity is the only certain factor that can be provided and should be depended on to bring value to a currency.
It's amazing that some of the largest brokerages are still bowing to the restrictions placed on them by governments to not support "privacy coins".
This just shows that they still can't beat the architecture.
Ironically, these coins get portrayed in a negative light by centralized authorities (including exchanges).
SINCE WHEN WAS ANONYMITY A NEGATIVE TRAIT?
THAT IS THE POINT OF ALL OF THIS!
Anyway, let us get back to the basics.
Buy Verge.
Verge is Ready! (XVG/BTC)Chart is clear. Xvg is about to break trend line. I'm not overhyping this so my target is around 75 sats. But if xvg breaks that line too, maybe we can see 120 sats.
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.
XVGUSD Alligator RepetitionThe alligator indicator can be seen to on this monthly timeframe acting very similar to it did in the past (green box's)
Will the green candles follow? I do hope so
🔝 XVGBTC & XVGUSD 💥My strategy in this trade is simple. I will Alocate 2% of the porfolio in this trade because we have a cheaper price than 5 years ago and close to All Time Low (after May 2017). I will Sell 20% everytime it goes up 40% vs USD (20% of the total amount at that point and not 20% of the initial value). I will Hold if goes down. My main goal is fixed value price but a trend line price wich means the target will increase daily with the same rate as the slope of the trend line on the chart linking the lasts peaks (if I was not clear here you can just ask me in the comments area or message. PS: My automatic strategy is optimized for 4h charts. It is shown in the 1D graph just to show you the "big picture".
XVGUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is close to its first resistance and if rejected, it can fall down to the support zone which has previously supported the price. If the resistance line is broken, it can move up to the next resistance zone. We had better wait for the price to reach either the support zone or the resistance zone and then enter the trade. However, if the first resistance line is broken, we can enter the trade there too for the next resistance zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$XVG #VergeCurrency - 2017 vs 2022 fractalsAll this talk about fractals.... just updating an old chart of mine to reflect current price action.
What's next?
$XVG's 17.944 fib level support!The 17.944 fib level looks extremely significant.
Has anyone seen this? What does it mean?
$XVG $BTC Ready for a break outHere are my targets and a quick analysis of $XVG $BTC We are now in accumulation before the breakout. I would long here $alts #BTC #bitcoin $btc April will be my exit. Don't panic and control emotions if you want to grow in this space
#XVG still bullish #VergeFam $XVG #BTC #CryptoMonthly Cup and Handle on the XVG/USD pair still stands.
Monthly Inverse Head and Shoulders forming on the XVG/BTC pair still stands.
Bullishhhhhhhhhhhhhhhhhhhhhhhhhhhh
Not Financial Advice
Good luck Traders and Hodlers
Chart linked had it on the Weekly's. Figure I would make monthly ones to better show you the intensity of these bullish patterns.
XVGUSD 9 jan 2022XVG still bearish and will pump again if 0.01 will hold the price and resist it to close below, so we will start a new impulse with a new elliot wave
hope everything move as my prediction
XVG BTC Pair Preparing for Breakout through April!Here are my targets and a quick analysis of $XVG $BTC We are now in accumulation before the breakout. I would long here $alts #BTC #bitcoin $btc April will be my exit. Don't panic and control emotions if you want to grow in this space.
KEY TARGETS:
60
77
91
105
125
150
225
Chart speaks for itself, if you have questions please be kind and curtious. This is not financial advice just my own take on what is to come for good ole XVG
XVG (Verge) Coin Analysis 13/04/2021We have analyzed this Coin earlier and allotted it some funds. We are updating the Publication as we have achieved the 1 and 2 Targets.
Fundamentals:
Verge is a privacy-focused cryptocurrency and blockchain that seeks to offer a fast, efficient, decentralized payments network that improves upon the original Bitcoin (BTC) blockchain. It includes additional privacy features including integrating the anonymity network Tor into its wallet, called vergePay, and providing the option of sending transactions to stealth addresses.
The project describes itself as community-driven, relying on volunteers and priding itself on being open source.
Verge was first launched in October 2014 as DogeCoinDark, a fork of Peercoin (PPC). In February 2016, it was renamed Verge in order to rebrand for easier mass-market adoption and to distinguish itself from Dogecoin (DOGE), with which it has no direct connection. The project is now based on the Bitcoin source code.
According to its "blackpaper," Verge was created as a way to fulfill Bitcoin founder Satoshi Nakamoto's vision of a decentralized, trustless electronic payment system while also providing more privacy than is available with Bitcoin.
In order to accomplish this goal, Verge relies on a series of key privacy features. It automatically routes all traffic to and from its vergePay wallet through the Tor network, anonymizing the traffic and masking IP addresses. It also offers dual-key stealth addressing, through which senders can create one-time wallet addresses on behalf of recipients to help protect the recipients' privacy, as well as using atomic swaps to power trustless peer-to-peer cross-blockchain transactions.
Verge seeks mainstream adoption, and as such, the Verge Core team pursues strategic partnerships to increase its awareness and use. It sponsors professional athletes and has partnered with platforms such as payments and rewards ecosystem MobiePay, crypto payments platform and ATM provider MeconCash, and blockchain-based online gambling platform Crazy8Token, among others.
The Verge Core team often relies on crowdfunding and community support to be able to scale, market and pursue partnerships. In April 2018, the project raised 75 million XVG (approximately $7 million at the time) to cover the costs of integrating with a major payments processor.
The Verge network is secured through a proof-of-work consensus algorithm similar to that of Bitcoin, on which Verge's code is based. At least 51% of all full nodes in the network must agree that a transaction is valid in order for it to be added to the blockchain, and new blocks are created through the mining process, in which users compete among one another to solve complex, energy-intensive problems. However, unlike Bitcoin, Verge supports five different mining algorithms. According to the development team, this makes the network more secure, as more people are able to participate in the mining process.
In April 2018, Verge suffered an attack on its network that used an exploit related to the Scrypt mining algorithm to instamine a reported 20 million XVG. In response, the project initiated a hard fork to patch the issue. While it was widely referred to as a 51% attack, founder and lead developer Valo denied this, saying it was actually a timewarp attack, which involves manipulating block timestamps in order to reduce mining difficulty.
Verge was launched in 2016 by Justin Valo, also known as "Justin Vendetta" or "Sunerok," a developer with over 20 years of experience in network security and nearly a decade in blockchain technology. He first developed the cryptocurrency as a fun passion project to empower individuals around the world with a greater sense of privacy.
Valo has stated that he has been programming since the age of 8 and became involved in network administration after high school, working for a Fortune 500 company. After a few years, he decided to start his own network security company.
Valo first became interested in Bitcoin in 2011, later getting involved with Dogecoin after its late 2013 launch. He began working on Verge because he believed that none of the altcoins being developed at the time were adequately functional as digital currencies and that the only other serious privacy coin projects --- Bytecoin (BCN) and Monero (XMR) --- were not sufficient.
In 2017, Valo was appointed to the advisory board of TokenPay (TPAY), a privacy-focused cryptocurrency.
The total maximum supply of Verge is capped at 16.5 billion XVG. According to Verge, the supply cap is intentionally high as a way to ensure that the value of each individual token remains low, allowing users to avoid fractional payments. It also makes it more difficult for any one individual to take control of a large number of XVG in order to manipulate markets.
The cryptocurrency did not have an initial coin offering, nor was there any premining of tokens. As such, the Verge development team has said it does not hold a significant amount of XVG. Rather, all currently circulating XVG was introduced through the Verge blockchain's proof-of-work mining process, which is multialgorithmic and supports Scrypt, X17, Lyra2rev2, Myr-groestl and Blake2s.
Verge undergoes a periodic halving event that reduces the amount of XVG miners receive as a block reward by 50%. Under the current emission schedule, rewards are halved every 500,000 blocks.
The live Verge price today is $0.040469 USD with a 24-hour trading volume of $45,038,151 USD. Verge is down 1.66% in the last 24 hours. The current CoinMarketCap ranking is #119, with a live market cap of $665,498,401 USD.
The top exchanges for trading in Verge are currently Binance, Huobi Global, HitBTC, MXC.COM, and Gate.io.
Technical Analysis:
the Coin has done its Initialization and Accumulation phases and showed some Impulsion, currently it may have some Distributions, which leads the price to some correction and retracements.
Using Fibonacci Retracement Levels, we can define Support areas where as, if the Immediate support Stands it can Shoot the Price directly to the 3 TP which is the Confluences of Fibonacci Expansion -161.8% and Fibonacci Projection of 261.8%.
The other Support levels is the Fibonacci Golden Zone, where the Price may show some Support and bounces to the higher levels and Force it to continue its rally.
78.6% of Fibonacci Retracement is the Last Support where we are counting on, but we believe the Price may not reach that extent, as the overall sentiment of the market is Bullish but it is not Impossible to see some shadows or even consolidation and reaccumulation there.
There are total of 4 Targets define,
1 to 3 Targets are defined by Fibonacci Projection of the Initial Impulsive wave.
2 and 3 Targets are having Confluences with the Fibonacci expansions of -127% and -161.8%.
4 TP is the Resistance area which got defined by Price Action Analysis.
we may have many Distribution and Reaccumulation Phases on the Move Up, which is a healthy sign of any Asset or Coin. so be open to the retracements along the way to the Targets.
Inverse Head&Shoulders #XVGBTC Cup and handle #XVGUSD $XVG #XVG
Cup & handle on the #XVGUSD pair.
And it looks like a inverse head & shoulders forming on the #XVGBTC pair.
Both on the weekly.
Very bullish
Not Financial Advice