Verge (XVG)
Verge is a secure and decentralized P2P electronic payment system which is designed for sending transactions privately. Verge has a public ledger similar to Bitcoin, but unlike Bitcoin you won’t be able to see the public addresses of the transactions that are conducted.
This privacy is achieved using the Tor (The Onion Router) and I2P (Invisible Internet Project) technologies to hide the IP addresses of users. Verge was originally known as DogeCoin Dark, and then rebranded to Verge in 2016. The creators of Verge wanted this coin to be thought of as a legitimate form of currency, not just a way to pay for illicit items.
News Source: TheCoinRepublic
XVGUSD trade ideas
Consistent Bearish Movement of Verge (XVG) Price
Verge has been picking up ubiquity among individuals and its biological system has likewise demonstrated over 80% expansion. Nearly around 250+ financial specialists are currently tolerating the XVG as a method of settlement. Additionally, the group of the skirt is likewise searching for expanding the undertaking and attempt to include new pursuits with them.
Current Status of Verge: Currently, the money is exchanging at the estimation of $0.004556 and its qualities is expanding by 4.05%. The market capitalization of the Verge is at the estimation of $72,579,219 and the 24-hour volume of the money is $2,023,613. The coursing supply of the Verge is 15,929,083,909 XVG.
News Source: TheCoinRepublic
On the verge of collapse.Xvg is looking very rough.
Will it shed another 50%+?
Drop a comment below, let's talk about it.
Bearish Pressure Pushing the Price Lower of Verge Coin
Verge has been in the bearish stage for a long time now. The costs have demonstrated a downswing since July and kept on doing as such during August also. Investigators feel that the medium-term viewpoint ought to be bullish taking a gander at the capability of the coin. Be that as it may, things are as yet looking bearish after the primary seven day stretch of September. In this unpredictable crypto advertise situation, present moment and informal investors may not profit much.
Financial specialists can consider contributing a long haul prospect thinking about its potential. Probably the best expert ‘Wallet speculator’ anticipate that Verge should go up by 2–3% in the following 5 years and up to $0.138 before the part of the bargain.
News Source: TheCoinRepublic
VERGE - A LOOK AT WHAT IT HOLDS FOR THE FUTURE - CryptoManiac101XVG / USD TA
Here we are finally taking a quick look at VERGE with USD pair. Instantly we see that we are following downward channel ones again. It's actually not a bad sign as if we take a look at historical movement, we will see that nearly 100% of the times, Verge produced a mini pump with a strong breakout right around this area.
To add to the excitement of an exhausted XVG holder, we are also tracking just around one of our strong support zones. What does that mean? That means that this area of 0.0044 and secondary support of 0.0015 hold the highest chances of a strong bounce as they have previously been tested as demand zones.
Quick Q and A!
Do I currently hold Verge?
No
Would I buy Verge at current price?
Yes, with tight stop loss. Entering into XVG at current price is low risk since the risk would be just around 2% as we are near strong support line.
What are the chance of Verge dropping towards the second support line?
If we break current support then I'd say over 60% chance we fall towards secondary demand zone.
Would you hold 100% of your portfolio in XVG?
Never, I usually recommend around 5% portfolio allocation towards higher risk crypto assets. This is one of them.
Verge (XVG) Price Prediction 2020 : Will XVG/USD price hit
Verge (XVG) is a blockchain based state-of-the-art cryptocurrency focused on privacy. The first-ever privacy-centric coin, verge, offers complete anonymity to all its users and tracking the origin or destination of the transaction is impossible. It is an encrypted, open source, decentralized encryption coin with very short turnaround time. It relies on the TOR browser to hide the IP address of users. The Verge platform offers users five different job validation algorithms for exploration.
Verge (XVG) ranked 53rd in the cryptocurrency market with a return on investment of more than 9,000%. The circulating supply of this coin amounts to 15,917,791,168 XVG. Market capitalization on May 1 at 2:24 UTC is $ 120,522,212. The value of each coin is 0.007572 USD and 0.00000140 BTC. The 24-hour volume is $ 2,164,583 at the aforementioned UTC time.
XVG Price Prediction
On April 30, the price of the Verge was in a downtrend, the bulls crossed the 12-day EMA and the 26-day EMA when they were in the downtrend zone. Verge was not performing well on EMAs. If bull breakout the price of the crypto will increase to exceed the resistance level of $ 0.009400 and reach the previous high of $ 0.01100.
However, if the bulls fail to keep the price above the EMA, the price of crypto will fall back on the downtrend zone. Meanwhile, the stochastic indicator is in the overbought zone but above 60%. This indicates that the price of crypto is in a bullish momentum and a buy signal.
Crytonewsz predicted that The value can be up to 0.0065 USD.
But the value will rise and face resistance at $ 0.010. By the end of 2019, the value is expected to be around $ 0.1, as the entire market is on the brink of a boom. By the end of 2020, the value must exceed 1 USD. It should be noted that the growth of Verge coins will not be immune to instability. But the price correction will help the market to get rid of speculators.
$XVG #VergeCurrency - history to repeat? This cannot be ignored.Self-explanatory.
What do you think?
Yay? Nay?
Does history repeat?
Is this a rhyme?
Verge Price Analysis XVG / USD: Ambivalent SignalsVerge / USD Short-term price analysis
Verge has a bearish short-term trading bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that the head and shoulders pattern has now reached its full downside projection. Now that the downside target has been achieved, the XVG / USD pair may start to stage a short-term recovery.
Technical indicators on the four-hour time frame are neutral and currently failing to generate a clear trading signal.
Pattern Watch
Traders should note that a bullish reversal pattern could start to form now that the head and shoulders pattern on the four-hour time frame has reached its downside objective.
Relative Strength Index
The Relative Strength Index is rising on the four-hour time frame, although it is failing to generate a clear trading signal.
MACD Indicator
The MACD indicator on the four-hour time frame is neutral and is currently failing to generate a trading signal.
Verge / USD Medium-term price analysis
Verge has a bearish medium-term trading bias, with the XVG / USD pair trading below its trend defining 200-day moving average.
The daily time frame shows that the XVG / USD pair is still trapped within a horizontal price channel, following a false downside breakout below the long-standing channel.
Technical indicators on the daily time frame remain technically bearish.
XVG / USD Daily Chart by TradingView
Pattern Watch
Traders should note that traders may test towards the top side of the price channel if sellers fail to move price under the horizontal channel.
Relative Strength Index
The Relative Strength Index remains technically bearish on the daily time frame.
MACD Indicator
The MACD indicator is rising, although it is failing to generate a clear trading signal on the daily time frame.
Conclusion
Verge is staging a short-term rebound, after the bearish head and shoulders pattern on the four-hour time frame played-out to its full downside projection.
Failure to break below the horizontal price channel on the daily time frame may prompt buyers to push the XVG / USD pair higher.
xvgusd falling down the support line with -50% crush potentialVerge is at dangerous level breaking of which could result to -50% crush
CORRECTED! $XVG #VergeCurrency Macro Elliot Waves - Wave 3?I had to redo my EW attempt because my original one failed 2 of the 3 Cardinal Rules of EW Theory:
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
I would like to hear your thoughts, comments, suggestions, etc.. and would love to see any long term EW charts you may have of other low cap coins like $HOT, $NXPS, $BTT, etc..
I feel we are at the bottom and cryptos which are in continuous development like #Verge have tremendous promise to change the world.
$XVG #VergeCurrency Elliot Wave Long Term - Wave 3?I am fascinated by EW but I am no expert....or am I?
Care to share your long term EW analyses on low caps like $HOT, $XVG, $NPXS, $BTT, etc..?
XVGUSD LONG-TERM TREND LINE- As the weekly moving averages are getting closer and closer, it looks highly possible that XVGUSD can touch the main trend line once again when the next bull cycle starts.
Fundamentals looking very strong:
- Verge FCAS (Fundamental Crypto Asset Score) is A (789)
- It is one of the 58 coins chosen by Ice Markets (mother company of BAKKT) to be included in their data feed on NYSE.
Source: www.theice.com
XVGUSD completing last leg of shark | Upto 159% profit potentialThe price action is completing the shark pattern and soon it will be entered in PRZ area after completed the C to D leg.
The RSI on week chart is already oversold.
Volume profile showing no interest of traders at this area.
Soon the price line will take bullish divergence from potential reversal zone to hit the sell targets inha Allah.
The targets are:
Buy between: 0.00592853 to 0.004455
Sell between: 0.00790637 to 0.01155651
Regards,
Atif Akbar (moon333)
It's going to be a long and boring 2019...What I can currently see from this chart?
1) 4 higher lows, which means a heavy and big accumulation is still going on;
2) a clear and drastic resistance at 0.11/0.12 USD already tester for at least 3 times;
3) the conjunction between the major support (1) and major resistance (2) will take place at least at the end of 2019.
I'm currently making some serious dollar cost average during the dips, this project is a life-changer only for true believers and hodlers, is not something you can jump in when the bull run has already started, because price increases are sudden and big.
No financial advise, I made this analysis just for entertainment.
Good luck, good karma! :)
Vito
