I have been following XVG for a while now, as well as its latest update called the Wraith Protocol. Wraith Protocol basically allows true anonymity by hiding transactions from the Verge blockchain, making it the stealthiest coin of all. Because of that, XVG has been climbing for a while already. But the real explosion is about to happen in my opinion. I noticed multiple large buy orders at the 116 - 120 range today, accumulating for (most likely) tonight. It's going to be volatile and it's going to be rough, but real short-term profit will be possible.
Once the wraith protocol releases, XVG will likely decline in price (until all criminals in the world start using XVG due to truly anonymous transactions), lul! =P
Note
1:06AM : XVG is getting destroyed. So much for the analysis for now =') It might still happen a few hours later though. I guess I'll place a sell order at 130 and go to bed =(
Trade active
XVG reached the 90 - 100 support and it held! Price will gradually go up today. At the moment of writing it's already 110+ Keep paying attention to this coin as I have no idea how high it will go or how often it will still crash.
Trade closed: stop reached
XVG major support got breached. XVG is done for now =(
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