XVGUSD
Inverse cup and shoulders fractal Anyone else noticing this on the long time frame chart? XVG currently looks like it wants to pump upwards which should compete an iH&S going back to May 20th. If this iH&S plays out then the upside should take us close to the neckline of a large iH&S going back to early 2018 AND complete a very large cup and handle pattern in the process. Tee odds are once this horizontal line breaks then the price will go much higher. The final proof is that there is an almost exact fractal of the same scenario if you look at the circled price action in 2017. I won't give any targets but you can leave yours in the comments if you feel like it.
Keep in mind this is an almost forgotten coin but IMO technicals can outwiegh fundamentals in the altcoin casino.
Peace
Harmonic 33
$XVG is the TRUTH$XVG is here to stay. The price action has been looking good after a fast steep correction. This is characteristic of the 2nd or 4th wave in Elliot Wave theory.
It is time for $XVG to regain the Volume Weighted Average Price ( VWAP ). As seen in the graph, it was resistance but recently tested. There is a ton of support right now and confluence of the simple moving averages ( SMAs ).
This has hall been on small volume and when the volume comes back in you are going to see a lot of $XVG news come out. Do not FOMO in #NotFinancialAdvice.
My targets for $XVG are as so....
T1 - $.25 (as resistance)
T2 - $.50 (then retest $.25/$.30 as support)
T3 - $3.75 (Mid altszn peak. Assuming $XVG gets top 10 by total market cap ~$60 billie)
Final Boss - $10-20 (this is considering total marketcap and assuming the Lindy effect. Over time $XVG should approach a $1 trillie MC which means $60/$XVG)
Lindy effect - en.wikipedia.org
$XVG bullish to 3.8$I do believe by the end of the year $XVG to reach 3.8$. That's more than 100x. XVG looks extremely bullish!
$XVG EVERYTHING IS BIGGERmany similar patterns to the previous cycle
can verge perform as the previous cycle?
what value will the verge network acheive?
I am guessing we will get above that black sloping line at some point
not financial advice
$XVG PROVING STRONGverge has already established the base
now all it has to do is break the current resistance zone
after that verge has the potential for an amazing journey
not financial advice
Buy signal on #XVG $XVG #VergeFam #VERGEAfter every "Buy" signal on the weekly we get bullish trends...
Should see 90 SATS soon.
Not financial Advice
Good luck Traders/HODLERS
.30 before the end of the year #VergeFam #XVG $XVG #Crypto(12345) Elliot Impulse Wave
We're about to start wave 5 now.
Do I think this is it for the bull market? I'm not sure.
I do though see 30 cents easily on this next wave.
Can you agree?
Not financial advice!
Good luck Traders & Hodlers
XVGBTC ObservationAn observation for Verge on the BTC pair
Rise then decline following, leading to large m00nsh0t
Can be seen in two variations previously, and is very comparable to the current state of price action
XVG HEAD AND SHOULDER FAILat some point too much time has passed for the head and should pattern to break down
are we seeing this now?
nice iceberg,Short this forgotten Coin..Whales just fix their profits from 0.07 to 0.01...
0.005 is the best price to accumulate . In my opinion
XVG / USDT Large cup. Rollback.An almost perfect cup with a base of 2000% formed. Rollback from the resistance of the cup (yellow level) by -81%, the price is at the dynamic support of this formation.
If there is a local reversal breakout of the local downtrend (red). Potentially, within the framework of the formation of the 3rd phase of the cup, the "Dragon" formation is being worked out. The resistance of the cup to fly on this "rocket plane" is about + 180%.
This coin on coinmarketcap: XVG (Verge)
XVG / USDT Local work. Large cup. The Dragon.
If the price overcomes this resistance and consolidates, then the potential for working out the "cup and handle" is enormous (the bottom of the cup is 2000%). The target are impressive, but it probably won't happen now. To the historical highs of these values + 900%.
But do not forget that from the 2nd phase of the cup (accumulation after reset) the price is now about + 560% against the dollar, take this into account in your trading. Comply with risk management and limit them.
Verge (XVG) ideaAn idea for XVGUSD
Comparing the 50 and 200 MA and what occurred after these MA's were established
the 200MA is extremely flat currently, similar to the 50MA before it previously m00nshot
This may be a nice indicator for Verge's next huge upward move