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VERGE / BITCOIN

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XVGBTC trade ideas

Verge is looking like a big ol' beautiful cup'n handle It's generally not a good idea to take a position after such huge gains in the past week but I do still think Verge has room to grow. Hopefully your have already taken a position but if not I think it's a good buy with a spot-loss in the neighborhood of 700ish satoshis. I'm still holding my baggie of XVG but will positively be saying goodbye with a hard close below my thin blue trend-line but hey that's just me if I'm wrong explain why. Also not sure if this really counts for market hype or whatever but they did just release a new set off desktop wallets to replace the POS wallets that came before them... Doesn't really change anything for me just throwing that out there. Here's the link if you wanna take a look vergecurrency.com cheers
by garrettlweems
XRP - Verge coin could see EPIC growth - New ATH?So, if you haven't heard of Verge coin, you have been living under a rock. XVG has one of the largest active communities in all of crypto land. So why is XVG price going crazy?? On March 27th, breaking news of a big Verge partnership to come. www.youtube.com "We are going to announce the name of the partner on April 16 along with a global marketing campaign of the likes you have never seen before," he says. "It's going to change crypto in a really good way." That date has now been pushed out to April 17. Some say it may be Amazon, doubtful. Some say it may be GoDaddy, so? Some say Coinbase add, haven't we already heard that rumor? But nobody expect the Verge team knows til April 17th. (That is Tax day in the USA. Coincidence?) Like it or not, Verge is exploiding. Traders are throwing money at it left and right. My guess would be we will see XVG surge until the announcement, then it will be disappointing like it always is. Then, XVG price will go back to reality. Buy now, sell the news. Target 1: 1200 Target 2: 1475
Short
by redking75
4
XVG - Watch out! The Verge Train is coming!Hey folks, XVG is on a roll again so let's look at the chart. Since its initial pop from the bottom, the price action currently finds itself in a broadening wedge (or megaphone pattern) and after its most recent jump has formed a continuation pattern outlined in light blue. It's a bit oversold on the 30min chart, so it may take some additional time to consolidate before taking off. Otherwise it looks good for a breakout. But wait for a confirmed breakout from the pattern. You can see we have had 3 separate fakeouts where the price action hit the top boundary of the pennant and retreated. We also want to wait for a breakout because pennants can also break to the downside. If this were to happen, the price will likely find resistance along the bottom boundary of the wedge and nothing is worse than buying and watching the price drop. Watch for the breakout.
by jpbrown1023
xvg.. the private killer is about to strike againI'm more a of a trx guy but dont get me wrong, i like money. and xvg is about to make some people some money. Strictly for educational purposes, this chart is showing strong bullish signals. -possible cup and handle -possible larger cup and handle -trading under the 100 ma but using the 50 ema as support -nearing a descending wedge making up the handle. possible breakout within 24 hours - nearing a strong resistance (882 sats). If it breaks this it will go to 930 As always, do your own research
Short
by bthompson0905
1
xvg.. the private killer is about to strike againI'm more a of a trx guy but dont get me wrong, i like money. and xvg is about to make some people some money. Strictly for educational purposes, this chart is showing strong bullish signals. -possible cup and handle -possible larger cup and handle -trading under the 100 ma but using the 50 ema as support -nearing a descending wedge making up the handle. possible breakout within 24 hours - nearing a strong resistance (882 sats). If it breaks this it will go to 930 As always, do your own research
Short
by bthompson0905
Verge attackCoin of the day is Verge. The article devoted to the attack on Verge. Verge is a promising underdog in the world of big privacy coins. The coin had a decent growth recently. 04.04.2018 - the first news about the attack on the coin appear on the bitcointalk forum. The price that time was close to the 0.00001 level. Post on bitcointalk of the user by the nick ocminer (Miners community representative and tech specialist): "There's currently a >51% attack going on on XVG which exploits a bug in retargeting in the XVG code. Usually to successfully mine XVG blocks, every "next" block must be of a different algo.. so for example scrypt,then x17, then lyra etc. Due to several bugs in the XVG code, you can exploit this feature by mining blocks with a spoofed timestamp. When you submit a mined block (as a malicious miner or pool) you simply set a false timestamp to this block one hour ago and XVG will then "think" the last block mined on that algo was one hour ago.. Your next block, the subsequent block will then have the correct time.. And since it's already an hour ago (at least that is what the network thinks) it will allow this block to be added to the main chain as well." According to his calculations, the attackers mined about twenty millions of XVG. Verge team reacted but did not manage to calm down all dissatisfied holders. Nonetheless, the team announced that they would make a fork of the coin, so the mined by the attacker's coins will not be considered in a new fork. An announcement of the fork is a clever move, as a lot of holders will not sell away until the fork. Because the fork is a chance to get free coins, equal to the amount of your holdings. Overall, a successful attack on the coin and reaction of the team sparked conflict among miners community and Verge Team, which will spoil their reputation and eventually will drag the price down. We do not recommend to make big investments in this coin until the conflict is resolved. From the technical view, XVGBTC went into a correctional pattern, after failing the attempt to climb higher than 0.00001 resistance level. Since then the coin moves in a lateral pattern, drawing a pennant formation. From the downside 0.000007 level will play a supportive role. From the upside - 0.00001 resistance.
Short
by DestinationMoonCrypto
3