xvg return to 1400?You need to watch this crypto for another long, if you observe the AO it shows a clear signal of convergence, this means that a change of trend is near, but for that to happen the price has to break the bearish channel
XVGBTC trade ideas
XVG Long Position With Estimate TargetsHello,
Today we are looking at how verge is setting up for another rally up.
Targets can be seen in image. Enjoy.
Verge showing signs of reversal /// XVGBTCThe candle pair forms a Tweezers Pattern, which could indicate a trend reversal to the upside.
The lack of volume doesn't look convincing, however.
VERGE XVG ON 299% - 799% PROFIT - DEPENDS ON BOUNCE AREA - MVerge has been in drop accumulation phase for some time now. All negativity surrounding it is pure FUD and does no damage to this coin since it's simply following it's natural pattern.
Expected returns are huge for this coin, current maximum target for out pattern is 2,400 satoshi, however we can stop lower or higher. Further pattern will become visible as we finish up with this one. Privacy coins will become more popular this year and all 'hacks' with 'attacks' are positive things for such coins since developers can fix this issue sooner before we get higher volumes on it and at which FUD news will actually pull price down by a lot more breaking any pattern.
We are currently in a good buy zone with STOP LOSS at support line around 510 if you guys want to play it safe. We are actually having several patterns which are huge possibility of playing out within next few weeks. We have a butterfly pattern which has high probability of being followed. We also have a triangular pattern with high resistance levels when we get around 800 levels which can push it down therefor breaking our butterfly pattern, however I see it break it firmly if our butterfly pattern is followed for next week or two. Other patterns are here as well, but I won't go into them as they all have lesser probability of becoming a reality.
My take on this coin is that if you want high rewards with medium risk, then get into it for medium to long term.
Bitcoin is playing a key role in this and don't be surprised if we suddenly drop below 510 in case BTC drops to $7,100 levels which is still highly uncertain and probable. In addition if we suddenly start mooning, don't surprised as well after such major price retracement it's also huge possibility.
Below is just an earlier chart for Verge we have made a few month back on our last trade.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
What now verge? HODL till 1800 sats, after we reach 530 sats?Chart speaks for itself.
Looks like previous hugging was a really good tell, that we are sinking lower. Is it Verge's fault or BTC's?
Either way, it looks like we are ABC pattern now, and we need C to finish before anyone can even begin to thinking going long.
Still our target of 1800 satoshi, is promising if we recover from this downtrend.
Be vigilant, stay safe.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
XVG | BTC - Bittrex - Long Verge - 23rd on Coinmarketcap.com
Waiting for XVG to make the C leg down.
Placed buy orders on the .786 and .88 fib levels.
Verge Factals and Volume profiling Could Verge possibly be putting in the same fractal as last market cycle? If so its path would likely be this. The Volume profile also shows heavy support below the triangle. So Shorterm it isn't looking pretty except for maybe a bounce play. Longterm I plan on seeing Verge take off around September if not, trend sideways till the next altcoin cycle. Let me know your thoughts!
DDOS attack at Cryptocurrency Coin Verge (XVG) Be aware guys,
Verge (XVG), a cryptocurrency designed for everyday use and an improvement upon the original Bitcoin blockchain, is currently experiencing a DDOS cyber-attack.
The company confirmed this with a statement on Twitter, “It appears some mining pools are under ddos attack, and we are experiencing a delay in our blocks, we are working to resolve this.”
Ocminer on a BitcoinTalk forum suggests an attacker appears to have altered the Verge blockchain. The attacker manipulated a bug in the Verge code allowing malicious miners to set false timestamps on blocks and then rapidly and quickly mine new ones.
This is not the first time Verge has experienced this, in April 2018, Verge experienced another cyber-attack when a malicious miner acquired 20 million XVG (more than $1.1 million during that time period), despite explaining the importance of maintaining cryptocurrency privacy on their website.
Principal security technologist at NETSCOUT Arbor, a cyber security company specialising in DDOS attacks further explained, “Cybercriminals are quick to tap into new avenues for growth, so it’s no surprise that hackers are eyeing the booming cryptocurrency market for opportunities.”
There are suggestions that the attacker gained control of two of five mining algorithms on Verge’s protocol by using false timestamps to trick the network into accepting them into the main chain. In just a few hours, the attacker has been able to gain around 35 million XVG which is worth $1.75 million at the current exchange rate.
Critics such as Ocminer claimed that a recent upgrade was a “band-aid” and did not eliminate the underlying vulnerability in Verge’s systems. Furthermore, XVG currently has a market cap of around $752 million and since the attack; the price has declined fast and is likely to worsen!
XVG (Verge) Trade Prepare! BULLISH signs in one level!We have a classic price action setup forming!
4 of my favorite price action criteria's in one level zone:
1. Strong support
2. Support crosses with trendline
3. Crossing happens exactly in Fibo 70.5% level
4. And those criteria's supported with EMA&MA200 in this level zone.
*5. There we need some bullish price action from candlestick also (Hammer, Morning Star, Railroad Tracks, Engulfing, Tweezer)
Keep an eye on it!
Please comment and like this if You find it was helpful!
Best regards!
XVG OpportunityXVG reached the major support. If it starts to rise, it may reach 850 and 1400 levels.
XVG getting close to targetAfter riding XVG for a short up trend before, I have said that I'll get back in this trade if it hits my buy low target of around 565 Satoshi and we are getting pretty close. At this point, I'm thinking that if XEM hits my targets and I am able to take profit while XVG is accumulating, this is the coin that I'll be migrating my position into. Still not sold on the project itself, but the possible wave up on this for the next season is too great to pass up. A target of 2350 Satoshi for the high of the next 5 waves up from a low of 565 is nothing to laugh at and would be an amazing trade to be in since XVG seems to be heading the charge in price movement in alt seasons. This is a prime target to trade so that I can move the profit to the next best thing. For now, I'm just watching patiently and hoping to take profit on other coins soon to not miss opportunities.
XVG/BTC, Breakout expect soon.Hi guys ! After my last analysis on TRX/BTC, there is an analysis for XVG/BTC (Verge).
The support line and the hight trend line will cross soon and i expect a breakout at this moment.
There are three resistance zones, the first one is between 676-680 sats, the second zone is between 690-700 sats and the last one is between 720-730 sats.
I'll expect a pullback after the breakout at the first resistance, but with a new support around 659-660 sats and toward the (blue) trend line.
XVG can reach theses points in the next few days but many people are tasing TRON (TRX) now before the Mainnet, so maybe it'll take more time.
Thanks guys !
XVG Healthy Correction, Long
# Weekly
Looking at our highest timeframe price has formed a lower high at 1300 satoshis, followed by another lower high at 900 satoshis. Stochastic RSI showing momentum is heading towards the downside, next support level at 500 satoshis.
# Daily
Shifting over to our pattern timeframe we see price broke it’s uptrend and is now respecting our daily downtrend. Stochastic RSI showing momentum is heading towards the upside. Expecting price to make it’s way towards 500 satoshis support. Will be waiting for daily conformation before taking a buy, possible drop towards 450 satoshis.
Conclusion
Buy after dip towards 500 satoshis
Verge (XVG) New Updated Entry (250%+ Earnings Potential)Verge (XVG) new entry (buy in range).
Verge upcoming events (these are factors that can affect a coins price possitively):
- Verge (XVG) - Amsterdam Meetup (9-June).
- Verge (XVG) - Verge Social Network Launch (30-June).
Verge Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy in: 0.00000590 - 0.00000710
Verge (XVG) Targets:
(1) 0.00000949
(2) 0.00001138
(3) 0.00001272
(4) 0.00001352
(5) 0.00001443
(6) 0.00001631
(7) 0.00001748
(8) 0.00001937
Stop loss: 0.00000450
An Old Friendship, A New Day!
Here comes the old, visiting at your home.
It comes with a new story, about how to live the present, about how in his past he did wrong.
The new day shines and says, that's ok, nothing is wrong.
Just keep on focusing on today, the old days are already gone.
The old friendship looks stranged, but the feeling can understand.
He has already gone through everything, he is ready to accept the change.
When the moment of truth comes and the friendship wants to change its name, you just tell him that he is not old...
Because he already took the first step...
He already started to change!
Smile my new friend... This Is A New Day!
Namaste.
VERGE XVG NEXT TARGET 8k satoshiBillions of users in volume are coming online in the next couple weeks thanks to VERGE partnerships. VERGE already has one of the highest volumes constantly on major exchanges, once this happens XVG will take over as the leading privacy coin in volume.
Verge. To be or not to be. I there's the point.Let's start with the 1W chart:
Early bullish signal on EFI(2) - positive divergance
Momentum and Rate of Change indicators become bullish
RSI and STOCH neutral 38 and 52 respectively
52MA and 26EMA (~640satoshi Stop Loss level) support line
13EMA (~730 satoshi) resistance (BUT weekly candle not yet closed, in my opinion, it will about EMA)
1D chart:
MACD become bullish spring is coming + possitive divergance as on EFI(13) and EFI(30)
RSI, RoC, Momentum indicators turned bullish, STOCH - oversold.
4H chart:
Rectangle was broken. Minimum target 735 satoshi.
Buy level:
Risky option - now
Safety:
"a" after sustain about downtrend channel
"a+" after sustain about BLUE line overhead resistance
"a++" after sustain about downtrend line (Purple line) 1D chart.
TP target:
1 - 1445 satoshi
2 - 1977 satoshi
Some events here:
1 - twitter.com
2 - coinmarketcal.com
Your opinion is very important for me. Feel free to comment.
PS I have ETC chart, would you like to see?
XVG 2018I never shared this chart made before porn parternships.
Hope that's useful, good buy now on 650 sat
