XVG pumps up 120% nearing 900 satoshisXVG saw a big pump from 453 sats to 880, over doulbing while increasing its market capital value. Volume looked like it was dipping shortly after the 120% jump, but now volume is increasing and by the looks of it traders are looking to accumulate more XVG tokens.
If it dips back down under 600 sats, make sure to grab some more cheap coins.
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Verge is a privacy focused public ledger, that is verified by blockchain technology. The core foundation is built around decentralized transactions that are supported by a global community.
To bring user privacy to the masses and keep the original vision of Bitcoin alive by providing user privacy in a public ledger.
The total coin supply limit is ~16.5 billion (16,555,000,000 to be exact). It is important to understand that not all of the coins have been released and are on a time-based release. ~9 billion coins were released during the first year (2014) and 1 billion more coins have been (and will be) released every year until the total supply cap has been reached.
XVGUSD
VERGE (XVG) - High Risk, High Reward, Target +311% to $0.165 USDI'm seeing Verge is Bullish with the flag nearly formed, which will signal the continuation of the previous 300% rally, for an additional 300%.
The additional 300% appears to have a starting position right near the 61% Fib retracement line.
Also, Ichimoku shows we'll be touching the shoulder of support for a likely push upward.
Expect this to start tonight or early Monday morning.
XVG Verge - 83% Target expected over the next 12 hoursVerge is continuing this upward trend after a slight slow down today. I've been in and out of positions in Verge, but mostly in heavy now and will see how this pans out over the next 8-12 hours. Should complete within about 10 hours total before it slows again. After the rallies of this weekend, we may see an additional surge or correction on Monday, depending on how Sunday fairs.
83% is moderate as XVG has exceeded 100% growth in the past 24 hours. So we're just continuing this pattern and hoping for 300-350% over the 7 day period.
VERGE XVG - Target 48% BTC 0.029300 - within 48 hoursXVG/BTC Bull Flag for continuation to 0.029300 for a 48% increase within 48 hours. I've set my position and now I wait.
XVG/USD bullish divergence. considerable consolidation. forming channel bottom? can it break resistance?
XVGBTC Trade Watch- watching Stoch_MTF for rebuy signal
- MACD at bottom getting ready to move up
- watching Williams_Vix for bottom call
- watching for bounce of support but hopefully stays above 51 sats.
Will enter on break of 0.236 fib or 60 sats, can wait for break of 73 for lower risk.
Donations:
LTC: LQdNvC29EzF9LRkEpegQ7tab5svzaSdKCf
ETH: 0x7F5CF2EA6b1d4C4A26d0943f5c35e6d55805cD5e
BTC: 1HbAHkawHsP9shHY9Xb9htDqjSFogK5x4y
XVGUSD - 4H log chart looks like a bullish asc triangleLines are self-evident. Both the log and non-log 4H chart looks like a bullish ascending right triangle. The shape really becomes discernible on the log chart. Combined with what looks like a recent ABCDE Elliot Wave correction triangle pattern forming, expecting a bullish rally into the next month or two.
Verge short-term price/wave predictionDon't take this analysis as a trading advice.
Hopefully in a few days we can reach up to .01$ just HODL on Verge <3
Short term XVG targetDon't take this analysis as a trading advice.
Hopefully we can reach 0.01$ in the next few days, just HODL on Verge
XVG USD 0.014$XVG USD can be 0.014$ after give 0.01$ .
But you should buy if XVG USD get out 0.0085$ from the patern W on a large volume.
Stop loss on 0.0046$
The targets and profit can be higher - if you want to know about it,
you can discuss my trader's services with investors by WhatsApp +90 545 9 533 599
XVGUSD good for a scalp aim for 25%-50%XVGUSD on the daily, expect it to eventually go back up to 0.008 to 0.009 depending how greedy you are :)
RSI oversold
MACD close to crossing over
Momentum looking like its hit the bottom
Based on basic resistance and support while also a repeating pattern
XVGBTC Trade AnalysisI personally chose XVG as one of my top privacy coins. They have had a great run since launch, good team, healthy technicals and bright future.
Analysis:
XVGBTC is currently in a symmetrical triangle pattern. This is a famous trend continuation pattern, in this scenario breakout would favor a bullish run but breakout to the downside and below bottom line of triangle can be a STRONG SIGNAL of trend reversal or potential bearish movement.
Symmetrical pattern breakout has been known to breakout:
Full height of triangle from initial inception
half height of triangle, or measure from apex -> top of triangle at inception.
These breakout ratio's are popular for bearish movement as well.
Blue boxes are price ranges and measure both of these.
Fibonacci Retracement shows previous 2 cycles' retracement targets (0.786 - 1)
Stoch RSI Shows overbought. It has not reached the top of the channel yet but with the way RSI is looking shows that there is room for movement back to the bottom of channel.
This may be due to XVG Wraith protocol release today, I know many crypto-enthusiasts traded off this fundamental, so many are taking profits at this zone, giving it a little resistance and therefore, potential bearish movement.
MACD Histogram shows it can potentially support upward movement.
What did I do?
I bought XVG at 90 sats and sold today 50% of my position at 133 sats for 48% profit half way up channel due to stoch RSI showing heavily oversold.
I am currently holding the rest and set an alert for bearish movement at 120 sats. If It triggers, I will reanalyze and reconsider my position.
I may consider selling the rest to re-enter at the bottom channel and ride the last swing or 2 up before we reach the apex & breakout.
If it goes up, there is not much I can do but manage my emotions and make a concrete decision to either re-enter or find a better trade to allocate some holdings.
Notes:
Watch volume spike for indicator of strong bullish movement.