Verge
XVG is forming bullish reversal moveThe priceline of Verge coin has broken down the $0.005 support and moving between $0.005 to $0.003.
SMAs on weekly chart:
On weekly chart the priceline has broken down the 100 and 25 simple moving averages and now likely to break down 50 SMA as well.
Bullish BAT move:
The price action of XVG coin is completing final leg of bullish BAT pattern on long term weekly chart.
As per Fibonacci sequence of bullish BAT the targets are as below:
Potential reversal or buying zone: $0.003321 to $0.002484 (this should be used as stop loss as well otherwise the priceline can move down to form Crab )
Fibonacci projection or sell zone: $0.005317 to $0.008313
Ichimoku cloud on weekly chart:
On weekly chart the priceline has formed a double top at Ichimoku bearish cloud’s upper top. Now the price action of XVG is at the bottom of this cloud and can move more down for the completion of BAT.
Conclusion:
The priceline is likely to take bearish move to the downside. But infact this move can be a bullish reversal, because for the completion of bullish reversal BAT pattern this bearish move is needed.
XVGUSD completing final leg of bullish BAT | Upto 234% moveOn long term weekly chart, the priceline of XVG is completing the final leg of bullish BAT, the targets as per Fibonacci BAT sequence are:
Potential reversal or buying zone: $0.003321 to $0.002484 (this should be used as stop loss as well otherwise the priceline can move dow to form Crab)
Fibonacci projection or sell zone: $0.005317 to $0.008313
Regards,
Atif Akbar (moon333)
XVG USD bull case monthly perspectiveIf and any there will be a higher low this will definitely confirm a change of trend in the price of XVG USD, which could give the price enough strenght to escape from that giant descending channel.
The higher low should be possibly found by kissing the MA...
XVGBTCVerge is on the floor of its price and the first upward wave can start soon. The total structure seems to be a flat and wave B has a diametric pattern and wave C can start to double in next month.
PLEASE DON'T FORGET SETTING STOPLOSS.
Dash- Undervalued sleeperDash was one of the first few Altcoins bursted onto the scene in 2014 and the second most famous anon coin in terms of transaction volume and active address behind Monero (XMR) even though strictly speaking it is semi-anon because its PrivateSend feature is optional.
Dash is one one the few fundamentally sound coins in the top 50 coins in terms of marketcap that has performed relatively poor against BTC in the past few months and remains criminally undervalued because it is still about 95% down from its ATH.
I would scale in slowly now and build up the position through the dip even though the current price lvl is literally right underneath the major resistance. The upside is tremendous and Dash will likely boom when the public attention switches to Anon coins.
VERGE - PATIENCE IS KEY HERE - CryptoManiac101XVG / USD TA
After nearly a 3.8 Million percent gain back in 2017, we have retraced 99.54% thus far and we might not be done just yet as we are currently riding rising channel, which has high chance of breaking towards the downside at least in the short term.
Bullish case scenario would be a break towards the upside but that would require Bitcoin to be bullish as well, which is yet to be seen as we struggle to even stay above $10,000 resistance point.
At this time I would be a buyer if XVG reaches four zero mark or if I see some bullish action from Bitcoin.
XVG/BTC - On the Verge of something specialWe all know what happens when XVGBTC wakes up. Turn a blind eye to the OG coins at your own risk! This is an ideal buying window that can set you up for a comfy #altszn. Refer to chart for five reasons why I like Verge at these prices.
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Verge is getting ready to bullish 🚀XVG/BTC pair now above 200 MA, candlestick pattern southern doji was appear, volume was spike and it'is already exit from flag pattern...
There are the signs of massive growth 🚀🚀🚀
Target is mapped with violet line and you need to put stop loss ( i recommend you using manual stop loss ) below blue line using Fibonacci as always..
I hope it will go to the moon and everybody get big profit 🤑🤑🤑
Let's discuss it if you have any thoughts on comment section below
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Verge (XVG) Retrace Complete, Time To Grow!We can say that XVGBTC (Verge) completed its retrace now that prices are moving back above EMA50.
The classic ABC Correction based on EW playout nicely and now we are starting to see new growth.
The altcoins market is now strongly bullish, so we can expect to see more; GREEN.
This is not financial advice.
Namaste.
XVG MADE POSSIBLEthis could happen
it happened before
it can happen again
I bet a move like this would usher in some disbelief! LOL
Verge is an open-source cryptocurrency launched in 2014
Initially, the name of the cryptocurrency was Doge Coin Dark
Verge offers anonymous transactions, tangling the IP address and geolocation of its users using Tor and I2P technologies.
The main goal of the project is to provide individuals and businesses with fast, efficient, and decentralized transactions while maintaining their confidentiality.
The platform works on the Wraith protocol, which stands for technology that allows the user to switch between public and private accounts in the blockchain.
Verge uses a mixed algorithm which includes proof of work and 5 different hash functions: Lyra2rev2, myr-groestl, Scrypt, X17, and blake2s.
Update On Verge (XVG)I gave out the buy signal on verge back in late march early april for a long term position at 38 sats.
Since then xvg did have a nice surge in price and currently is having a pullback.
I will continue to hold the position as the 2 month chart now begins to compress.
I might consider to add more if we can hit support.
Verge | Bottom Line Is BullishRegardless if it happens in 3 days or 3 weeks, Verge (XVGBTC) will end up green.
We mapped a perfect retrace on the 1st of July (see it below).
Now that the 0.786 Fib. retracement level has been hit, which is also where MA200 is sitting at right now, Verge can work its way out of this correction and resume its uptrend.
The thing is that the technicals are all still bearish, so the 0.786 Fib. support/MA200 can break if prices don't go up right away.
Regardless if this support level holds or breaks, we are going to see Verge grow after a few weeks or maybe just a few days...
The charts are always changing... Make sure to do your own research and have a plan/strategy before you trade.
I hope this helps.
This analysis was done by your request.
Namaste.
XVG mid term. Aim to 146 Longin short term 78 sats
mid term 90-110 sats
long term 146 sats.
not an advice. just my vision
Whats your vision? Whats your favorite coins?
any good Projects you found?