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XVGBTC trade ideas

XVG FOMOWe have seen a prefect example of fomo for XVG. After news it defied technical analysis and price went ballistic and we also saw it come down just as fast. Currently i see some downside to XVG but i do see a bounce from the 50% gann to test the .386 fib. If it cant break the .386 then we will see more downside. On the daily MACD is showing a nice reversal. Stoch RSI shows it might bounce in price from here. If it breaks the yellow trend line we will see more downside. Volume is showing that the bulls are losing control. Also that i didnt add to the chart is that if price does reach the .386 that a potential Head and Shoulders could be in play resulting in price action on the downside. My goal entry target is in the green zone. Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
by Cryptonite_trader
Why Verge Adult Partnership will Shake up Verge MarketBITTREX:XVGUSD Most people who only participate in the free porn models(ad supported and/or pirated) don't think about the fact that it is the membership and clip sites that originally produce the gross majority of the content. These sites make the bulk of their money on paid porn and that money is what fuels the content of nearly the entire industry. Additionally the tube sites make a lot of money off memberships and clips too; options the free porn purveyor often doesn't even notice are available. Something most will overlook but is a huge deal, aside from privacy, is the cheap transaction fees. Currently the porn industry has the highest credit card processing fees, with some sites paying 15%+ for the ability to take cards alone. They can pay above of 30% if their merchant provider also provides the platform to sell the content and take payment. Verge can change all of this lowering the cost of porn and increasing the profits at the same time. Transactions will cost pennies instead of dollars and more vendors will be able to cut out the middle men who control the payment software and sell direct to consumers. More small time producers who have been locked out of the market due to high merchant processing startup costs will be able to enter the market as well using Verge. The fact that porn is involved and that many investors in verge may not see the money being spent in porn (because they don't spend it themselves) may make cause a lot of investors to flee. Those that understand how big a deal it is for a privacy coin with a low transaction fee that is open to all vendors to land more than half of the world wide porn industry will buy in cheap and hold right on to when Verge becomes a household name; which it almost certainly will once over 50% of the porn industry starts endorsing it(Which just happened) and they start sharing the details with their customer base(65% of the global population).
Long
by AmDazed
4
XVGBTC: Approaching Solid Entry PointHello all, First timer here. Still learning but this is my thoughts on Verge (XVG) at the moment. Of course this will also be dependent on BTC's movement and the upcoming 'partnership announcement' news - both factors which could throw this way off, but nevertheless... I'm seeing us shortly coming to the end of a 61.8% retracement , which would put us around the 960ish sats mark. From here, I'm projecting a target of around 1650 - 1750 sats. Potential profit of approx. 58%. The retracement is also coinciding with the 100 MA, which should act as further support. And the RSI is nearing oversold territory. The partnership announcement is only a day away so this could be a great entry point. Assuming the partnership is actually solid and not a total flop, could see the fomo pushing this price up quick. On the flip side, if it's a fail which a lot of people suspect, then be sure to set a stop loss just in case. Please be sure to leave any comments of feedback for me. Would like to know what you all think! Thank you.
by yiFa87
XVG falling back into the old correction channel?It looks like Verge is falling back in it's old correction channel after the Mindgeek announcement. (green bar was the announcement) Still early but the first uptrend stopped at the top of the old channel, if this is the case it is normal for Verge to drop further. Likely till the 0.5 lvl assuming rather bullish Elliott wave structure. We will have to see in the coming days how the announcement will effect this structure and if it actually will further follow the old channel. "NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep." If you want to donate crypto: L T C : LgdvQDGv4v4krzdmVmozSopdvcLUbpj3Ye B T C : 1Dx6c5e4BNaDMtSBp53dWGExYJccxmqc7k E T H : 0x43e36a719c407285ec3c967857d13e9926771b78 X V G : DFT1FpC1d9MBHfFB7M4UPjorQEfJuFQEoh
by richardwittekoek
1
XVG partner reveal MINDGEEKXVG official partner reveal turned out to be Mindgeek! Mindgeek is a privately held company headquartered in Luxemburg operating from Canada. It's main focus is internet pornography incl. video sharing services like Pornhub, RedTube and YouPorn. As well as film production companies like Brazzers, Digitalplayground, Men.com, Reality Kings and Sean Cody among others. What will this do for Verge and crypto in general? We will have to see but since a lot of money is going into porn I assume this will raise price of Verge and spread worldwide marketing for Verge as well as crypto currency in general. As for short term price action indication I have no idea yet. "The future has cum" lets see where it will take us "NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
by richardwittekoek
10
Verge will announce partnership details todayCoin of the day is Verge. Verge is the privacy-oriented coin, one of the hottest coins in last two months. Verge team is developing the whole stack of technologies which will help users to protect their privacy in the future. Apart from integrating both i2p and Tor anonymity architectures, Verge also delivers muti-algorithmic mining support that makes it possible for miners that use a wide range of hardware to participate in mining and network maintenance. Recent news The coin recently went through the hype about the 51% attack. Discussion started on the 4-th of April, from the post of one of the representatives of the big mining pool on the bitcointalk forum. XVG price showed a limited reaction to the negativity due to Attack. The team reacted fast and assured that they did fix the vulnerability of the system, and the amount of illegally mined coins will not have any influence on the price. Stolen coins, still, will be left for the attackers. Many Verge holders attributed the events to media attacks in anticipation of the promised revelation of the mystery partner on April 17. A tweet from the CEO of TokenPay on April 8 revealed that TokenPay is most probably the mystery partner and had a vision for the collaboration saying “meeting in Munich earlier today for breakfast with key stakeholders of the German bank. A deal in principle has been agreed upon by all parties. We will provide full details at closing, but can say that TPAY and XVG debit cards are likely coming soon.” In the recent post on Medium Verge team announces official press release on 10 am EST April 17 (14:00 UTC April 17). Quote from the post on Medium: "This partner owns one of the largest payment processors on the internet with several hundreds of businesses routing their payment traffic through them. The partner is going to be supporting Verge Currency by rolling out a global marketing campaign with continuous marketing effort throughout the year." Technicals Yesterday the coin bottomed at the 0.00001 level, confirming it's supportive power After touching the 0.00001 level XVGBTC went upwards, allegedly as a reaction on published by team post on Medium. Nonetheless, the coin did not manage to break above the recent peak at 0.0000135 and now trading slightly below this level. Today announcement will bring high volatility to the market and possible bullish rally. The breakthrough of high at the 0.00001443 will be a signal to buy. 0.00001 level should play a supportive role in the growth scenario.
Long
by DestinationMoonCrypto
5
XVG final drop before announcementVerge broke out of the downward channel and is forming a new Elliott wave structure, the correction from the last bull run (wave 1) is taking place and will meet at the bottom with today's Verge announcement (GREEN VERTICAL BAR). After the Verge announcement, price will prob. increase more then usual. and start a big second wave. Potential last buy area: 1240 till 1200 range. "NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
by richardwittekoek
VERGE: LESS THAN 24 HOURS = 23.06% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 16th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 23.06% PROFIT!!! The increase in price may also be explained by positive developments including: 1. Announcement of a major partnership set for 17th April (with original speculation being the release of Verge debit cards in association with TokenPay) Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of the impending news. A pullback is also expected as the crypto seems overbought.
by CryptoTradeSignals