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XVGUSD

Verge XVG - Short Term Pullback on NewsXVG has pulled back from touching the upper trend line as shown by the smaller yellow ellipse on the chart on the news that a business deal has been reached to use Verge as a payment system for the Porn Hub company. Porn Hub which is owned by Luxembourg based MindGeek the 32nd biggest website on the web according to traffic measurements. This is a case of buy the rumor and sell the news. Why Was This Deal So Attractive To Verge And MindGeek? Verge team is only looking at a very large market with this company taking up a large part of the total Internet traffic with massive sales. As a business opportunity, this could be huge for Verge. The customers of these sites are looking for as much cover as possible desiring to hide their payments on credit card statements from friends and family members. Verge also encrypts all of the traffic via the TOR network making intercepts of payment traffic untraceable. The Verge Trading Chart Watch the dotted trend line for a possible recovery in the price. If the price holds here it's an opportunity to add to the position. Should the price move further downwards, I have highlighted a "Buy Zone" for adding to long term holdings. I have no intention to sell Verge, I believe it's a long term hold. Disclaimer: Those with objections to the Porn industry might want to weigh their investment in Verge. But it's only fair to point out that the US Dollar, Visa, and Mastercharge are far larger in this regard. Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work. All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor. Wishing you success, Isaac
XLong
by 6Shooter
XVG Verge the first to start completion of the WXY Correction?With Verge dropping a massive 30% just today, massive sell volume on this crypto. Could be the completion of a running flat and the X part of a complex correction and a continuation to the down side. We can still have a potential break above the last high, doesnt change the stucture however we can also move down from here. My initial entry target was way down below the slast swing low and found it highly suspect XVG moved so much in the short time however here we go. Wave movement anticiaption has been drawn on chart, we should see the zigzags mocing down. ABCD move down brings us to the completion of the W correction which also ties up together to the various trendlines, 100-1.27 Fib ext of the initial down wave and a prefect entry for the real bull run.
XShort
by joe2411
Updates on VERGE.High volume, still bullish? guess so. When BTC was a 20k she was about 0.30$ and how much they are now answers all. www.pornhub.com They get views more than twitter, youtube, facebook combined, they say. my expectations were different and bit in another way, but I can't admit, that's a good one. the psychological side of this shit is sick, I wonder what would be their next partner?.. Let's see how this will affect Crypto world and VERGE in the coming few days. Good luck.
XLong
by ZPharaoh
Can Verge (XVG) Really Compete With Monero And Cardano?Verge (XVG) has been up more than 27% in the past 24 hours and is currently ranked the 18th largest coin by market cap. Monero (XMR) ranks 11th and Cardano (ADA) ranks 7th in terms of market cap. There are two primary reasons for comparison of these coins with Verge (XVG) apart from investor gossip on multiple online forums wooing for Verge (XVG) to outrank these coins. I have to admit that Verge really has a very strong community but before we discuss that, I’d like to go back to the comparison. Monero (XMR) is a privacy coin same as Verge (XVG) claims to be. The difference is that Monero is a lot more sophisticated and advanced privacy coin with far more use cases than Verge. It also has a more professional team and comparatively more industry recognition and respect. When investors talk about Verge vs Monero that means they are rooting for Verge to outrank Monero in terms of tech as a better privacy coin. One could debate the possibility of that actually happening but at least this is what some Verge investors believe. Read more on this analysis here: cryptodaily.co.uk
X
by Jefe
3
VERGE (XVG) HODLERS - IT'S NOT OVER JUST YET - HThis is a High Risk trade for many reasons, two of those reasons being - 1. High Volatility 2. Poor Team Many of you got 'screwed' by Verge, but after doing a detailed analysis of Verge chart and indicators, we are here to let you know that it's not over yet. That related to short term and medium term holders who have the most to lose. Please look at chart carefully and if you're in Verge or want to enter in it, have Stop Losses set at purple line, IF low risk traders and have Stop Losses set within the red demand zone, IF high risk - high reward type trader. Also, don't underestimate the current partnership that Verge has, although it's not what we all expected or envisioned for Verge. It's a step forward for the company and it's nice to see them making progress, even if it's not PG-13 Just FYI, I am not mentioning the name of the company because I believe it would go against tradingview's rules. Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
X
by CryptoManiac101
13
XVG wait and earn! SHORTRecently we reviewed the XVG. The tool that shot at 170%. Lying prospects? Who did not manage to enter this trend movement now will have such an opportunity XVG rested in the zone of imbalance, while showing divergences on several mathematical oscillators. Teak volumes are falling, which indicates the weakening of the strength of bulls. It would seem that the rollback occurred before EMA 50 and rebounded, but the most important zone is level 0.0972, watch closely this zone! A rebound from this price down will only confirm the upcoming move down. Who on our advice has closed the floor of the position can put a stop order at the price of 0.0788 or close the position now XVG will try again to come and pierce the zone of imbalance, and the instrument itself promises a good profit, but do not take the risk, we leave at the stop and go back at the end of the correction, stability and statistics the main friends of the trader If you are excited, the oscillators RSI and CMO will correct the entry point, wait for oversold levels, are marked on the chart All profits, I recall, came a new version of the indicator of open interest for crypto currency!
Short
by fvb
14
XVG CLOSE 1/2 POSITION XVG began to move before the main market favorite, showing growth of more than 170%! Close half of the position, and for the rest, place a stop order! With a probability of more than 80% the tool will be adjusted and that's why! The instrument logically came to POC RESISTANCE, resting in the zone of imbalance CMO shows a bearish divergence, which indicates a forthcoming correction Teak volumes decrease Since the fast and average EMA is still higher than the slow one, closing only half the position, the remaining position is put at a price without loss, or by 0.0787, fixing the profit and waiting for correction. The closest support is EMA 50, the expected tool will come on the support line Do not forget that globally the XVG is heading to the top, and it's worth watching it closely and searching for entry points. It is also worthwhile to look closely at the favorite of the BTC market, in case of its correction or reversal, the market will follow it
Short
by fvb