XVGUSD trade ideas
XVGUSDT 1w LongThis currency will grow to the depth of the cup after completing the pattern of the cup and the handle. Considering the growth of the two currencies, dogecoin and shiba inu , the growth of this currency is not so far from expectation.
XVG VERGE BREAKOUT OR BREAKDOWNJust a Current Trendline. This is Nota Prediction. Just Keep Watching The Chart to See if we Breakout or Break Down.
SHORT TERM
XVGUSD PRICE PREDICTIONTechnical Analysis:
- In 2017, Verge has done a 1600x move. Top at $0.32 per coin and $3.6 billion dollar market cap.
- The likely scenario for XVG is to reach $1.2 which is 3.75x from its ATH, Market Cap 13.5 billion dollar.
- However, Bitcoin has reached 1.618 Fib level and expected other coins to do the same which would make XVG $8.5 and Market Cap of 94.5 billion dollars 3600x (This is unlikely to happen but if it does, don't be surprised).
- I would like to talk about human psychology which is the foundation of Technical Analysis.
- We have seen many FOMO cases such as Doge, Shib, Safemoon, NFTs,... so Fundamentals would drive the sustainable and stable move for solid projects but price movements would be attractive to newcomers.
- New projects that solve some problems would do good but I would say it's more risky. There are maybe 10 promising new projects but only 1 of them would make it.
Fundamental Analysis:
- Verge has done a good job on making it as payment currency.
- The narrative of being "currency" gradually died out and smart contracts, Defi, NFTs, Gaming, ...are now booming if XVG can grasp this maybe we will heading somewhere.
It's just my very limited knowledge about TA and FA, please share your view on Verge Currency.
NFA.
XVG UpdateRealistic Potential for XVGUSD
This is a best case scenario for XVG, its been relatively quiet for the last several months. It hasnt made new ATH and who knows if we ever do.
Using this a a guide for the next 11 weeks of the year and end of the potential bull cycle of 2022
XVG: MAY BE! CAN DO IT!doge supply: 130,826,957,265
verge supply: 16,472,800,442
and xvg=dogecoindark
yes, it is absolutely possible!
it is not investment advice.
Full Respect,
XVG VERGE CUP AND HANDLE DAILYVerge currency has painted a cup and handle pattern on the daily charts - good times ahead! Targeting ~$0.06. Easy 2x
Not financial advice.
$XVG is the TRUTH$XVG is here to stay. The price action has been looking good after a fast steep correction. This is characteristic of the 2nd or 4th wave in Elliot Wave theory.
It is time for $XVG to regain the Volume Weighted Average Price ( VWAP ). As seen in the graph, it was resistance but recently tested. There is a ton of support right now and confluence of the simple moving averages ( SMAs ).
This has hall been on small volume and when the volume comes back in you are going to see a lot of $XVG news come out. Do not FOMO in #NotFinancialAdvice.
My targets for $XVG are as so....
T1 - $.25 (as resistance)
T2 - $.50 (then retest $.25/$.30 as support)
T3 - $3.75 (Mid altszn peak. Assuming $XVG gets top 10 by total market cap ~$60 billie)
Final Boss - $10-20 (this is considering total marketcap and assuming the Lindy effect. Over time $XVG should approach a $1 trillie MC which means $60/$XVG)
Lindy effect - en.wikipedia.org
BlockShot Chart Request - #XVGUSDT - Potential 400%+After going almost 20x this year I think we are returning to a pretty heavy consolidation phase across a new key support at $0.01591433 region - We are currently above a decent accumulation zone for this and sitting in a take profit territory - entering right now would be FOMO.
A break below $0.01591433 region would likely be due to a market crash and if so then either start DCA'ing as much as possible or exit the trade and wait for market to stop crashing to enter back in.
It could look like a long hold with XVG but I believe it will pay off with a good entry 4x or 5x.
***These are idea's formulated from requests and are NOT formal BPT trade - only enter based on your own research***
$XVG bullish to 3.8$I do believe by the end of the year $XVG to reach 3.8$. That's more than 100x. XVG looks extremely bullish!
$XVG PROVING STRONGverge has already established the base
now all it has to do is break the current resistance zone
after that verge has the potential for an amazing journey
not financial advice
Halving Trend On the Way0,035 is my main target.This coin is lowcap so some mindblowing pumps could happen.Till halving i try to hold if btc not going to ruin...(if you want to take profit 200 ma is good spot.)
XVG $1.5 PT confirmed!!Retest of the downtrend line and a nice bounce confirms my previous charts,
$1.5 by November max.
XVG | Target Price and Date ConfirmedPack your bags and tell your friends, it's time to head to the moon.
Verge (XVG) formed bullish BAT for upto 78% moveHi dear friends, hope you are well and welcome to the new update on Verge (XVG) coin.
On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also 200 simple moving average support below the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
