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Vergecurrency

xvg price analysisxvg is in the lack of volume now and it needs to break that black downtrend line it needs huge volatility to break that black line if its able to break that black downtrend line then that blue line is the resistance for short term trade their is strong support at 605 sat personal suggestions set buy near 605-620 sats xvg is a strong privacy coin and I believe its a great project we can take huge returns from this crypto coin targets short term 1 1050 sat 2 1200 sat 3 1400 sat target for Long term (in between 6-8 months) 1 2000 sat 2 3500 sat 2 5000 sat( must exit at this point it can may retrace to 2000 sat after this ATH) Good Luck Stay bless ...
by Daniel_Jack
Verge We have again failed breakout sequence. It's the market telling again us that it needs more time to gain profit on investment. My speculation was that the second breakout was due to market manipulation all so as fallow (caused by news, announcements, promotion etc.), if you look before the breakout of the failed wave, you can see that verge was trading at almost the same range at what it is now. I am studying daily base different coints and share it with you all. Success With profit
by MartinDeBoer
1
XVG/BTC LONG VERGELonging verge, as the breakout might result in a nice short-term trade (2-3 weeks horizon), the XVG/BTC market has remained flat for the past 2 weeks due to massive bitcoin sell-off, I expect this market to rise when bitcoin price goes up. Disclaimer It is not a financial advice, everything you see in this chart is a personal opinion, should not be used as an offer to buy, hold or sell any security. Be aware that trading cryptocurrencies can result in losses. Therefore, consult your trading idea with a financial advisor.
Long
by Adrian234
-VERGE OF GLORY- **DISCLAIMER: IF YOU DIDN’T READ MY LAST POST, READ THAT NOW BEFORE GOING INTO THIS.** Alright here’s the deal. I mapped this out the day I made my last post but decided to wait till I was slightly more confident in this, and looks like it is headed towards that direction. I wanted to share my thoughts on the last post so everyone understood the market better before I posted this and not RELY on a possible projection. But this is the most sensible outcome to me at THIS TIME. The time-frames are not important in this count. ***THIS IS A MEDIUM-TERM COUNT, I AM NOT GOING TO COUNT EACH SUB-WAVE IN THIS CONDITION. USE CAUTION*** Therefore, if I am right, this will take us all the way to mid March (less or more). BUT. If you can hang on tight for slightly longer, the fruit will be very tasteful after the climb (as you can see).
Long
by FelixFezno
2
What is going on with VERGE? Road to $1!I wanted to give an update on verge and lay the facts the way they are at this moment. I notice every time I look at new charts for verge there's some clown posting about a potential breakout that's going to skyrocket it in a day or two. So no, I am going to tell you the way it is (ACCORDING TO MY PERSPECTIVE). So here's what is going on: Verge is currently a coin that is still in it's infant stage. What does that mean? Here's a cliche metaphor to help you understand: Verge currently heavily relies on Bitcoin (it's parent) to hold it's hand and help through it's growth. When bitcoin is strong and healthy it's able to nurture the alt coins (children's) growth. BUT, what happens when bitcoin falls sick? The alt's have to find ways to do things themselves. Think of a 4 year old child left completely alone for awhile. It's all over the place! (I'm sorry for this cliche metaphor again) Now, with most of the "adult" stage coins for e.g. EOS, VEN, VIBE etc. They're able to get back on their feet and recoup the damage when the parent falls sick. This is the stage we are currently in. It's extremely tough to do and TA's on smaller coins right now as things can be manipulated easily at this time. As we saw yesterday, verge literally got pumped and dumped. So, as you can see my chart currently does NOT show any type of SHORT-TERM projections for Verge, and until BTC gets back on it's feet; it won't. I realize a-lot of people look at my chart and put their hard earned money with my projections. So I would NOT want to give any false hope, until I am sure. TIP: If you see people drawing the triangle formation on their chart. They are WRONG, that does not apply anymore, as it already finished long time ago. This is just my tip, rest is up to you. ;) Anyways, I'm working on more coins that are fighting through this market and performing well! I posted about EOS yesterday and it's panning out the way i thought! Check it out!
Long
by FelixFezno
7
XVG (Verge) - Possible double corrective pattern | Flat & ZigZagHi guys I am new to trading and technical analysis. If I have made any mistakes - please let me know. The chart is messy - I do apologize, but tried to put in as much information as possible to help me gauge an idea of what could possibly happen with Verge. Verge initially was forming an ABCDE corrective pattern or triangle, however with the recent trend of Bitcoin - it seems very apparent that there is a lot of correlation between the majority of Altcoins and Bitcoin and that resulted in the ABCDE pattern to 'fail'. I took a look at Verge from a different angle prior to the dip of Bitcoin, And that was the possibility of a double corrective pattern - starting with a flat corrective pattern (3-3-5) combining with another structure, either another flat, zigzag or triangle structure. It does appear to me that this could be either a zigzag or a falling wedge combination. I have made some markings on the chart to indicate what could happen in the market - based on Elliott Wave theory. (again - if I have made a mistake - please let me know) To explain it as much as possible: - I have a fibonacci retracement of the complete set of 5 subwaves of a higher degree, possible retracement could be between the fibonacci levels of 0.618 and 0.784 levels. - I have labelled the WXY structure, and shows me that the WX of the WXY structure has been completed, with Y currently in progress. If Y is a falling wedge (triangular pattern) that will signal the end of the correction as WXY can only end in triangles. It will also signal the start of Wave 3 on a higher degree. - The corrective pattern leading up to the big blue letter W - shows a flat corrective pattern of 3-3-5 (as labelled) - Wave X is always a simple 3 subwave structure as labelled. - Wave Y is what I am currently keeping my eye on at the moment. Will need confirmation on whether it is a Zig Zag structure or a falling wedge structure. Only time will tell. - MACD shows bearish divergence on both the daily and weekly time frame. - Stoch RSI - shows that it has been in the bearish zone for a bit and not seeing any signs of it being bullish for a bit. I am no financial advisor, and legal mumbo jumbo inserted here, please do your own due diligence. I've learnt something new recently, that trading is a game of probability ... not a game of certainty. Rather be flexible and open to probabilities (as in the case with Bitcoin's recent trend) than be stubborn. Which is why I hope I can learn from others via tradingview. Trade safely. Cheers
Short
by warrenct
4
XVG TARGET PROJECTIONS. KEEP WATCHHas been a great ride with XVG! Massive bullish flag, with mini bullish flags inside. Bullish flag inception? XVG has touched key fib retracements throughout this consolidation. This means there is a higher probability it will continue. Self full-filling prophecies. CHART SHOWS OUR TARGETS KEY POINTS- There is a lot of attention on XVG consolidation, when it breaks get ready for high volatility. Watch closely what happens. Learn from every move you see. All we can do is surf this wave and analyze possible outcomes. Goodluck!
Long
by eyan72293
XVG next rally? Abit beyond TANot much to add to the excisting idea's published here, TA looks great, RSI shows that XVG has been already close to oversold, RSI STOCH points on another wave to come. XVG triangle break out idea is everywhere, which makes it so easy to belive it will happen, and that's a psychoological indicator which already works great. Now's a great buying opportunity to buy (1070, buy area 1030-1100 in my opinion, or wait for a breakout at around 1300 which is risky in my opinion. hard to confirm breakout) As for FA, verge is a great privacy crypto, and now i need to be careful with my words, im not sure compared to Monero (with 6b market cap) how great it is. In my opinion Verge as a privacy crypto worth more than monero. Please do your own research before investing!
by JustJesus