Xtremely Very Good. XVG is forming a Cup and Handle as a handle for the larger cup which you can trace back from Feb 17.
A cup and handle within a cup and handle is a great sign of a full tank rocket. These 2 cup and handles are filled with coffee to the brim! And this coffee is mixed with rocket fuel.
MACD is looking good, MA are good, everything looks good.
Short term Target is at 1100 sats. If 1100 sats breaks easily, don't sell and wait until Sunerok's partnership announcement.
Remember, XVG will stay bullish until partnership announcement. A good partner will keep this bullish.
Xvglong
Verge from 382 to 1552 satoshi ($0.0382 to $0.1552)A price of 1552 satoshi ($0.1522) can be achieved by Verge in the next couple of months, as long as more money keeps pouring into the crypto market.
Verge has formed a falling wedge on the daily and has broken out of it. The volume is looking low at the moment so there is a risk that the breakout can be a failure. However, since MACD on the daily has crossed over, it does look positive. As long as we see a volume build up soon, the given target is achievable.
The following criteria is met for a falling wedge.
1. There has been a bearish trend so far, so this trend will be reversed. The pattern is over 3 months old and the downtrend is around 3 months.
2. At least 3 points make up the upper resistance and lower resistance line.
3. The resistance line and the support line converge to form a cone.
XVG long looks good!! what are youre idea's???guys thinking about this verge charts.. looks good mwww just like other big crypto-charts is the crypto market gonna explode soon?? lets hope so!!!!
