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.
XVGUSD trade ideas
$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
Verge Price Analysis XVG / USD: Back In The CoffinVerge / USD Short-term price analysis
Verge has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a large inverted head and shoulders pattern has now formed, with sellers working hard to invalidate the bullish pattern.
Technical indicators on the four-hour time frame are bearish and also appear overstretched to the downside.
Pattern Watch
Traders should note that the October 2018 trading high is the overall upside target of the inverted head and shoulders pattern on the four-hour time frame.
Relative Strength Index
The Relative Strength indicator remains bearish on the four-hour time frame, although it is attempting to correct from extremely oversold conditions.
MACD Indicator
The MACD indicator on the four-hour time frame remains bearish, although it appears overstretched.
Verge / USD Medium-term price analysis
Verge has a bullish medium-term trading bias, with the XVG / USD pair still trading above its trend defining 200-day moving average.
The daily time frame shows that the XVG / USD pair is trapped within a horizontal price channel and is now moving lower after testing towards the top of the neutral price channel.
Technical indicators on the daily time frame have turned bearish and continue to generate sell signals.
XVG / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a bullish inverted head and shoulders pattern is also visible on the daily time frame.
Relative Strength Index
The Relative Strength indicator has turned bearish on the daily time frame, highlighting the growing medium-term selling pressure.
MACD Indicator
The MACD indicator has turned bearish, with both the MACD signal line and histogram issuing a strong sell signal.
Conclusion
Verge is coming under downside pressure across both time horizons after failing to break away from its longer-term trading range.
The bullish patterns on the four-hour and daily time frames still suggest that XVG / USD pair could eventually perform a much needed bullish breakout.
Long XVGUSD: We need a H1 candle to close about 0.1034 to enter
We have a new Higher high & HIgher Low on Daily Chart
Price is on a sideway on H1 chart, maybe an accumulation.
We need a H1 candle to close about 0.1034 to enter LONG.
Nearest target is 0.15
Stoploss at 0.085
XVG - look at %Verge had one of the most insane pumps last season. Just look at the % gain. It pumped so hard that after 98% retrace you are stil up 18000% if you held from the bottom. It pumped 1403000%. From here it has to go more than 2000% to reach ATH but who knows maybe it can go another 6000%. Small investment, buy hold forget about it.
Tactical XVG long for a breakout
XVG poisted to break through resistance. 30-40% upside to the next resistance level of .014 USD.
