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VTC/USD - Support Holding, Can Vertcoin rally?After a long winter, Vertcoin appears to have found good support on the old and tested level at around 14 cents. Should the overall market allow it, then VTC could rally nicely and fast towards 20 cents. Bitcoin is still deciding if it can break that $18k resistance. Any success there will likely push many altcoin in the green. VTC is no different. Indicators are also curving up, but volume is lacking. VTC needs more buyers. Either way, chart is promising. Like and follow if you liked my idea!
VLong
by DU09
VTC/USD - Major Resistance Under Attack. Target: $0.40Vertcoin has done a fine job testing that resistance at $0.23. If it continues to put pressure on it, I expect it to break and open the way towards 40 cents, which is the next key target. The indicators are bullish on this weekly timeframe and the price action is making higher lows and highs... which is exactly what you want to see. Miners also jumped on VTC after the ETH merge taking VTC difficultly 4x higher, which is bullish. This brings more interest to VTC and helps secure the network further which discourages 51% attacks as it becomes more costly to do. My only concern is BTC crashing under 17k. That will scare the market and take us into the panic phase and blood on the street. Probably a good buy opportunity if it happens. For now, my bias is bullish. Keep your eyes on this coin. Like and follow if you liked this idea!
VLong
by DU09
VTC/USD - Movement Detected. Rally inbound! 🚀Vertcoin is starting to move after finding good support just above 10 cents. With the ETH merge due in a month (15 September). Proof of Work coins may have their own rally, this includes Vertcoin. Why? Because billions worth of mining equipment will point to new coins after September. One of them can be VTC. The price action support this hypothesis and the price has the following targets: 23 cents 39 cents 75 cents 1 dollar VTC can easily pump once momentum builds up. If you are bullish on this thing, there is not much time left to get exposure before it's too late. Bias is bullish. Like and follow if you liked this analysis.
VLong
by DU09
VTC/USD - Major Breakout! Price Doubled. What is going on? 👇Vertcoin pumped 100% and doubled in price overnight. There are some rumors going around that VTC could be listed on some major exchanges. Possible, but unlikely until we hear more. However, what IS REAL and could explain this is related to ETH merge and VTC being the BEST Proof of Work coin out there. If VTC goes above $2 then this coin will be the best coin you can mine with GPUs! This is big, particularly because after ETH merge is completed (i.e. ETH goes from PoW to PoS), all ETH miners will look to VTC and other PoW coins to plug in their GPUs. This is very bullish for VTC which could get some nice exposure suddenly. Not bad. Whales may accumulate in anticipation. There is also another aspect. In Dec 2021, VTC had its last halving event... which usually leads to a pump within 6-12 months, just check BTC. Could VTC pump due to supply shock? Maybe. Let's see if VTC can hold above 0.40 cents first. Bias is bullish on this price action, volume also looks sexy. Like and follow if you liked my idea!
VLong
by DU09
4
Vertcoin Poised for Breakout as Halving LoomsI have followed Vertcoin since 2016. Vertcoin has it's own halving cycle and each cycle the coin has a large rally. Vertcoin halving is around the corner, currently on schedule for December 8th, and the chart is technically bullish. Here is why: Nearing a Golden Cross on the Daily. Nearing a Golden Cross on the Weekly. Weekly RSI gaining strength. 2017 trend line directly overhead from the last halving cycle. This is something to keep an eye on during the month of December.
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by CoteInvestments
2
VTC/USD - Another attempt at $1 is incoming! Can it break above?Vertcoin is getting ready for another attempt at breaking the $1 resistance. Last time price moved above $1, it was quickly rejected and pushed back towards 60 cents... Now VTC is trying again and if price manages to turn the $1 level into support, there is enough hopium to expect to see VTC reach at least $3 and above! Price action is bullish right now, so we're looking good for some exciting price action soon. The price does seem stuck in a range, but this will be broken sooner rather than later. Once we break above it, the fun starts. Bias remains bullish on VTC which will also have the halving in December... 🚀🚀🚀 halvingdates.com Like and follow if you liked my idea!
VLong
by DU09
3
VTC/USD - Prepare for breakout towards $3!Vertcoin is compressing in the blue apex. Price will soon have to breakout of this area. My bet is we will break-up and pump, first towards .90 cents and then if that resistance level won't hold us, $3 is the next reasonable target. This bullish scenario is more likely I'd say considering current market conditions where alts are starting to pump nicely and BTC is holding above $50k. Not to mention ETH flirting with $4k for a while now. This should spillover to VTC which should see some nice price action in the next two weeks tops. The price has set higher lows since June, same for RSI . This is good. What I don't like that much is StochRSI and MACD . But volume seems to pick up on this 3 day timeframe. This is bullish . A bit early to make a call, but a clean break from the blue apex will confirm our trend for the next month or so. Like and follow if you liked this idea!
VLong
by DU09
5
VTC/USD - It's time to pump Vertcoin! $1 soon! 🤗Vertcoin has arrived towards the end of this apex... now it's time to decide. My bet is we will pump, quite fast and sudden. :) First target just under $1. Then we have a long way until 10-12$. It all depends how bullish the overall market is and if the halving of VTC will pump the price. For now we should get at least a decent pump as BTC has started the new pump season (below my ideas for that). Like and follow if you liked this idea!
VLong
by DU09
6
VTC/USD - Mission to moon postponed. Next test $1.VTC got a spank down during our May crash which took price below $1. A nice 77% drop. Did you buy the dip? Unfortunately, this event basically re-set the chart and erased 3 months of price action and gains. Therefore, our moon mission to $12 was postponed. To resume our ascent, VTC price has to reclaim $1 and go above it, until that happens, the moon mission is delayed. We do have some good news with the exchange CoinEX listing VTC recently. Any new exposure to VTC is good and will add liquidity, a few more exchanges and the next push up may be even more significant. The indicators on daily are also looking good, and we should get AT LEAST a re-test at $1. Daily MACD is bullish, so we should slowly grind our way back to $1, then we have to re-assess. Therefore, I see these price levels as a good opportunity to re-load if you missed on VTC before. Fundamentals are strong and so long the market remains bullish, VTC will recover and pump higher. Also watch BTC/ETH as they set the tone, don't expect VTC to push on its own if the market takes a bad turn again. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
1
VTC/USD - Perfect 50 MA bounce will take us to $3 & $6! 🚀Vertcoin pumped today 50% ... quite a feat. Why? We just bounced off the 50 Day Moving Average (orange line) which to date has acted as a strong support. I expect this to continue and with increasing volume, this pump has legs! The indicators support this bias as both MACD and RSI are primed to curve up and take us higher towards our next two resistance levels of $3 and $6. These targets are becoming very likely now and particularly once we have a bullish cross on the MACD Moving Averages. Already the MACD histogram ticked higher = bullish! The VTC/BTC pair looks even better... so get ready! We may need to be patient as Vertcoin usually takes its time between pumps, but once we start the real pump, it will be fast, usually over 2-3 days we can visit our targets. What can trigger this is the upcoming listing of VTC on Changelly which was confirmed and it is just a matter of time until its public and VTC is available to buyers there. This is significant as this exchange has over 1 billion in volume on a regular basis. Unlikely we will see VTC under $1 again. Maybe a spike at best. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
6