XVG still in correction channelVerge has been following the natural correction channel despite the unusual peak up an down due to the Mindgeek announcement (in green)
It will probably correct further till the 0.6 range (around the golden ratio) after that we will have to see if the announcement has had a negative impact on XVG hodlers or if everyone was talking fud.
If a new wave structure starts to form I would suggest stacking up some extra Verge due to the big marketing campaign behind the new Verge partnership.
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XVGBTC trade ideas
What do adult entertainers and crypto have in common? XVG.Seeing a nearly 250% rise during the time VERGE was building up to announce its new partnership the coin quickly dipped more than 30% following the announcement that the partnership was with MindGeek, the parent company of PornHub.
Today the coins price line lies again on long-term support on the 4-hour chart between the .618 and the .382.
Current market-cap for XVG is $1,012,743,221 USD and in circulation are 14,903,276,623 coins. Moving this week from rank 20-25, Verge team members recant sentiments that they are not worried about the coin’s future. The way they see it, “the PornHub case is, in fact, positive for pointing out the coin’s anonymous features. Other use cases may include medical marijuana or other sensitive payments where confidentiality is preferred.”
With some crypto holders up in arms about XVG’s new partnership and others welcoming the limelight as knowledge about altcoins spreads...where do you stand?
Will this be a stepping stone to bigger and better things or another reason for non-adopters to conjure up lewd connotations of crypto?
Verge testing important supportLooking at the 1 hr, XVG is about to reach its former breaking point. If it breaks around 740 and continues to fall, I would take out money. If it finds support around this level and/or continues with the trend, it's possible it has hit a higher bottom average for the time being, but it could continue to fall. Trade safely!
The "Pro" title in my name means nothing. DYOR.
Abort! Triple top is observable, profit taking impenitent!Due to rally across Crypto, and verge being overbought, expect decline as people will move to other coins.. that are undervalued.
Find another good entry at XVG after another selloff.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Thank you,
Ajion
XVG over 40 RSI all set for breakoutThe next 24hrs should see some good positive growth for Verge
- The RSI is now over 40
- The trading volume is up
- MACD is about to cross over
I don't think we will go past the 1100 but I would watch the RSI as an indicator
I will probably sell 20% at 1000, then 70% at 1100 and the rest at 1200 if it makes it, (otherwise have a stop loss at 1100).
I would keep raising my stop loss to be 10% below the current price for the next 24hrs as well.
XVG looking good my friends $XVG /!\VERGE is looking pretty attractive in the next few weeks /months.
I cannot recomment to get in NOW as I believe a correction is due in the next days, avoid yourself the stress, you could easily instead wait for the next dip if you decide to get in.
A few indicators which are making me look at the XVG:
- volume seems to be back after several dead weeks...
- RSI clearly highlighted the reversal of the downtrend
- ABCD pattern forming, we're going back up soon
Let's continue the BTC accumulation phase my dears!
THIS IS NOT FINANCIAL ADVISE, trade at your own risks.
VERGE: CRYPTO BOTTOM SIGNAL = 15.12% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 19th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net an AMAZING 15.12% PROFIT!!!
Investors have seemed to News of Verge's partnerships with adult entertainment companies (Pornhub and Brazzer's) seems to have initially caused the price to drop (after a substantial period of hype) but buyers are not returning in full force.
Other positive developments include:
1. Binance Plans To Add USD To Its Verge (XVG) Trading Pairs
2. Pornhub has received "thousands" of Verge payments over the past 3 days (with the anonymity of the currency allowing users to make private payments)
XVGBTC Bittrex 4H up to 19APR18 Trading Analysis (TA)XVGBTC Bittrex 4H up to 19APR18
4H Chart, also works in 1H, at this time the Verge (XVG) has been floating on SUPPORT ZONE 1 for a couple of days after a crazy rally and reverse from over RESISTANCE ZONE 2; the 50,100,200 MA indicator already crossed and is beein moving into an descending pattern (Orange Alert) but when you see it in 1D chart is about to cross in an ascending pattern, the RSI (Green Arrow) is been ascending since midnight and the MACD is piercing (Blue Arrows), if this keeps this way will meet again RESISTANCE ZONE 1 to then move forward RESISTANCE ZONE 2, but keep always in mind that also may go down. At this time the Market Cap in hovering over the 365 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el Verge (XVG) ha estado flotando en SUPPORT ZONE 1 durante un par de días después de una apresurada carrera y reverso luego de traspasar la RESISTANCE ZONE 2; el indicador 50,100,200 MA ya se cruzó y se está moviendo hacia un patrón descendente (Alerta naranja) pero en el gráfico 1D está a punto de cruzar en un patrón ascendente, el RSI (Flecha verde) ha estado ascendiendo desde la medianoche y el MACD esta cruzandose (Flechas azules), si esto se mantiene de esta manera se encontrará nuevamente con la ZONA DE RESISTENCIA 1 para luego avanzar nuevamente hacia la ZONA DE RESISTENCIA 2, pero tenga siempre en cuenta que también puede caer. En este momento el Market Cap se encuentra sobre los 365 Billones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE : No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
VERGE: 87.34% DROP IN 24 HOURS!!!POTENTIAL BUYING OPPORTUNITY???Verge has dropped by 87.34% from it's peak on 17th April 2018.
The "Crypto Bottom Signal" and "Crypto Scalper Signal" have identified buy in points as at the 19th April 2018.
News of the acceptance of Verge as a method of payment for Pornhub and Brazzers has seemed to have fizzled out on the market.
Will Verge be due for ramp up?