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Vergecurrency

Verge #XVGBTC - trendline battle and growth possibility!TECHNICAL ANALYSIS: The price of Verge's cryptocurrency still remains in the consolidation zone, although it seems that the well for Wave 2 was counted at 0.000090 and now the price is trying to hit the top towards wave (A) highs at 0.00001718. Main trend: UP Intermediate trend: UP Daily trend: UP / NEUTRAL (continuation of the correction) Key levels: - for further increases - level 0.00001614 and later 0.00001373 - for continuing correction - level 0.00001228 and later 0.00001371 - for the continuation of decreases - the level is 0.0000090 PS: Be sure to follow me! PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 50 likes. :)
Long
by sebastian.seliga.7
25
VERGE - Incoming Reversal? Potential Uptrend.Over the past few weeks, Verge has experienced a tremendous increase in value, as the price moves parabolically. However in the recent days, we've seen reverse in price as the bearish trends begin to settle in, the chart indicates that verge is forming a descending triangle pattern which usually shows a bearish market. Unfortunately, this can signify an upcoming decrease for a further decrease. On the positive note, These trends can sometimes reverse and result in an upside especially if the price break through the resistance that has been formed which is indicated by the orange line. I expect the price to make a short-term reversal which can be about a 20% increase. STOP LOSS (AIM TO PUT THEM AT THE SUPPORT LINES): 0.1325 MACD - Leaves room for upper growth and the lines look to be Crossing soon. RSI - the relative strength index shows a lot of space for upward movement compared to the potential dance. Orange - Resistance. Pink - Support. As always trade the lines accordingly.
Long
by thomasfar6
4
XVG - Is it on the Verge of going up or down?XVG is no doubt the coin of the month. The amount of hype surrounding it with it's Wraith protocol feature caused a huge amount of spike up and also down. This is definitely the coin with the volatility and the volume you'd want to trade with if you like to take risks. Due to the amount of FUD caused recently by YouTube and Twitter celebrities, the price of XVG dropped a substantial amount. Despite the fact that Wraith protocol was delayed, there are still a good amount of buyers out there which makes this coin quite interesting. On the chart above, we can see that the previous resistance of fib level 0.382 (0.00001148 BTC) became our support. If XVG can bounce off of this support, we can expect it to reach fib level 0.5 (0.00001311 BTC). If XVG breaks 0.00001148 BTC support, we are looking for a downward movement all the way down to our next major support, which is fib level 0.236 (0.00000947 BTC) Trade Setup: Stop Loss: 0.00001130 BTC Target 1: 0.00001311 BTC Target 2: 0.00001474 BTC Target 3: 0.00001706 BTC Target 4: 0.00002000 BTC
X
by ErnestEA
XVG THE CHANCE TO RISEWe published XVGBTC idea 2 days ago -linked- and we drew a trendline under the price and mentioned its uptrend after the hight which happen yesterday the chart formed a symmetric triangle, its positive pattern and we expect rising on the condition doesn't break it down. In case of XVG rebound from the lower board of the triangle, we expect to reach a target @ 0.00001580 Let's not anticipate the chart and we will talk about the target latter. Thank you ----------------------------------------------- Do not read and leave .... Like, Comment and Follow ,,,, its' so easy :)
Long
by AnaKingKong
2
VERGE - Cup Formation. Short-term Bearish signals.A cup formation is usually a bearish signal, however, we may see some slight selling off before another trend upwards as verge has been parabolic recently so it is not uncommon for a set of. When this is recovered from we can expect to see Verge breakthrough the resistance which is indicated by the orange line which will result in upwards movement two previous lies and maybe even above. it would be a good idea to accumulate on the support the buy zone is indicated by the purple rectangle. MACD- lines look to be crossing over in the short perspective which is bearish. RSI - is slightly overbought which also signals an upcoming sell-off or bearish action. As always trade the lines accordingly.
by thomasfar6
6
VERGE: HUGE POTENTIAL IN A FEW DAYS (45-80% GAIN)Disclaimer : Anything that I say is my own opinion. I have been doing my own personal research and believe that XVG is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is not a "pump and dump" , it is just a friendly investor sharing his insights. I've been charting XVG for a while now and I believe that a new surge in on its way! It looks as if it created its new support line and is showing upward trends. I am currently thinking that Verge will take a few days to break through the new resistance line (Purple line) So lets get started! ***I personally use Ethereum to do my transactions/transfers to altcoins. If you use BTC then your graph may look slightly different. Keep that in mind when purchasing. Firstly, as marked in my graph, I put an orange line at the bottom. This is where, I believe, is Verge's new support line . If you look back a few days Verge actually fell back on this line as well. The solid purple line will become the new resistance line . Once Verge breaks through this line we will start seeing tremendous gains! So the best time to buy Verge is in my little blue box. This range is between 0.00021550-0.00019500 ***Now of course before doing any major investments, we must make sure we have a stop-limit. I always believe that a stop limit should be around 5% give or take. Some people like to do stop orders around 7% so whatever you believe I think you should do. *** The first milestone is the blue dotted line . (0.00024104) (Realistic) (Sell 10%) This is where I will take my first cut out of Verge. Take a little money for yourself just for insurance sake. The second milestone is marked at the green dotted line (0.00027825) (Realistic) (Sell 10%) If you look a few days back you can see where this dotted line hits. This is a very realistic number to hit, and I believe it can be done in a few days. The third milestone is marked at the orange dotted line (0.00032624) (Realistic) (Sell 40%) This milestone may take a few days. After Verge surges in the next few days we can see the third milestone be hit. The fourth milestone is marked with the red dotted line. (0.00037690) (At least a week) (SELL REST) This is the final push and will at least take a week. If verge reaches this milestone, which it will, this is where I would cash my remaining shares. Thank you for reading my post and I hope you enjoy. Make sure, once again, you do your own charting and research and let me know if you find anything that I missed. Happy trading! -von braun
Long
by von-braun
2
XVG - Verge possible Descending Broadening WedgeSo as expected in our previous verge analysis the price fell off to the support regions that were indicated. (Will leave a link to the previous analysis at the end of this post) So whats next? Its hard to tell but if I were to make an analysis right now I would say that we are in a descending broadening wedge which usually breaks upwards. Analyzing alts at the moment is really hard due to the instability of bitcoin and the fork, but nevertheless I will try to keep you all updated as much as I can. If it breaks up - The target is indicated in a green dashed line in the chart. Previous analysis:
Short
by DCFreak
34