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XVGUSD

XVGUSD(T) - The original shitcoin. Upside potential or scam?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome. The original 2017 shitcoin, XVG Trend: bullish (HH, HL's, upward channel) Notes: - Healthy uptrend, holding decently even with the current BTC pump that is happening - Beautiful retrace to 0.382/0.5 fib level after the large wick - Currently struggling to break/remain above W1/M1 resistance level - Lowish volume Trade ideas: - XVG still feels like a shitcoin, would personally stay away - If you do want a trade, I'm expecting a bounce on the Feb open/0.5 fib level before another leg up - Alternatively a bounce on the bottom of the channel/0.618 fib level before we bounce up
XLong
by Sidders
4
Verge XVG Continue the upside.Hi everyone, just a quick update on Verge. Yestarday we closed above 1.618 fib extension, now we need to keep that level to aim for a bigger gain above 0.02 in the future. A close above 0.02 should take us as high as 0.29 where lies first resistance. From there we may see a small pullback (potentially retest of 0.02) from where we may go futher up. 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
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.
by moon333
2
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..."
XLong
by Coder775
Verge broke thru resistance and retested, now the time to shine.Hi everyone, verge finally broke thru 1 cent and make correction from 1.61 fibonnaci extension to retest it. after compliting this scheme, now we entered accumulation process just before halving and after good information from verge team and voice life, phub. In my opinion there is still time to get on this train for a big gain . 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
XVG when moon ?i know for some peoples it's difficult to understand that cryptos are just at the beginning and we all want fast gains but patience always rewards. some pourcentages looks like crazy numbers but the reality is BTC also started from few cents. When peoples will start to make big money with cryptos, governments will start to Taxe peoples from regulars coins, so peoples will start to escape using more and more privacy coins, so this not advice to buy XVG. i advice you to choose a privacy coin so if u want to go shopping choose wisely and DYOR : 1. Monero 2. Zcash 3. DASH 4. Verge 5. Horizen 6. Beam So this is very long term forecast for XVG when it will starts to enter the next bull run : TP1 : 0.82$ ( +7000% ) TP2 : 1.15$ ( +9700% ) Happy Tr4Ding !
XLong
by thecryer
15