Verium (VRM) Overview Verium (Ticker: VRM) was created to be an innovative, independent store of value asset, in addition to supporting the VeriCoin blockchain. Verium solves the blockchain scaling issue by introducing a new variable block-time paradigm that speeds up as mining power increases. This allows Verium to automatically scale, enhance transaction...
One of the oldest coins is back on the track. Nice time to long this one, Verium is part of a ecosystem based on the Binary-Chain protocol with Vericoin and they will launch officially soon the P2POOL. Although the competition amongst crypto-currencies is intense at present, I have no doubt that with these features, VeriCoin will be one of those to break-through,...
Verium has found the support at $1.74, where it formed a double bottom, along with the bullish divergence on the RSI oscillator. The price went up breaking above the descending channel and the 50 Moving Average. As VRM/USD continues to produce higher highs and higher lows, the price is likely to continue increasing. The first resistance is seen at 76.4% Fibonacci...
Every trader worth their salt knows that relying on only one indicator is a poor idea. However, its what you do with each indicators signals and how you interpret them to try and maximize entry's and exits. That being said, VRM has sprung out of a 1 Day RSI condition it has never had in its entire history on a daily time frame until March 27th - April 2nd and...
What an incredible bull flag & with low volume. Bears have no steam left.
The continuation inverted H&S showing itself again.
This may be a confirmation signal that the Bottom has it. Tight stops. Very tight.
Verim price started to rise on the 11th of December and went up from 13k up to 135k satoshi, resulting in a 958% growth in less than a month. The interesting thing is that VRM/BTC failed to test the 76.4%, but it broke above the 61.8% Fibonacci retracement level. Price continues to bounce off the 200 Moving Average and the 4/1 Gann Fan trendline, suggesting that...
I have been idle for a while now, just waiting for the right time to jump in. Yesterday I bought 6 new coins, Vericoin included. It was added to my portfolio. Please read my latest blog post to get updated on what I am doing :) Fundamental "VeriCoin and Verium is the first dual blockchain protocol technology that pairs a digital currency with a digital...
VERIUM could be one of the first currencies to pop out in the second alts rally of 2018. Despite it spiked yesterday (due to a pump&dump group) it's come back to the level it should be right now, and if resistance is broken it may go quickly to its targets at 202k and 318k. The bid/ask ratio in Bittrex is awesome too (4.500.000 VRM bid vs. 111.000 VRM ask). It may moon.
Verium is attempting to break above resistance area and if it is able to, then I see potential for a couple hour rally from the $17 starting line to $27 completion for a 64% increase.
I know I'm veri emotional when we speak about vericoin. Vericoin caught my eyes at the first time that I opened and scrolled coin marked cap. And I scrolled a lot to find it. First love.. buyed and hodl even when some other coin flirted with me. When you read the blog of vericoin, you find always the same.. Incredible technology, people will discovered it....
Verium completed a massive multi month cup and handle in August. Since then, aside from a few minor pumps, its price has been declining. Now, the 21 and 50 day MA have crossed and the 9 day has been solid support for the last week on the daily chart. Looks like Verium will be making a run up. There is a lot of room for upward mobility to an ATH. Buy in 30000 sat...
- Trade volume rose - RSI bullish divergence
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish...