XVG; finally the bull flag we've been looking for?XVG has taken some insane dips recently from fake news and the price being dropped for large buys to take place; hopefully everyone managed to catch the drop. It was impossible to see coming, but it was caught on the discord chat. Soon after binance and other exchanges locked up and now we are heading back up. May encounter sell walls; but at this stage I think XVG has been shaken enough to start moving up!
XVGUSD
There is strong trend to start the new year with 1$ per XVG withAn ca 0.03% . 3 Day cycle of every 100% gain is recognizable.
The volatility is very high 40-60% so if you like to trade you can make a lot with XVG.
But simply HODLing also very profitable and more safe.
Falling Wedge on VergeWe see a falling wedge on Verge, which happens to be the correction wave after the impulse. That means we should start impulsing soon after the falling wedge breaks.
New Verge (XVG) XMAS Morning Target up 245% to $0.529Based on the last rally and utilizing mostly fib retracement to estimate a buy location (without signals), I'm seeing we'll enter a buy area within the next couple hours while creating a bullish flag or pennant (more likely a flag), then we should begin the rally into a Christmas morning surprise completing at $0.529 or nearly half way to Ripple's value.
Ripple is also going to be pushing 325% soon, so be ready for that as it keeps ahead of Verge for the time being. But that may not last forever. It's possible Verge may overtake Ripples position, unless Coinbase adds Ripple (likely) and/or there is more good news from the Ripple camp during the end of the year and into next year (again, likely).
My ripple projections show that we'll go through a couple rallies and retracements with a target around $4.20 for XRP and it's possible that XVG may hit $2.00 within the next couple weeks as it has been maintaining 300% rallies pretty regularly.
Is $TRX Tron the next $XVG Verge? 10x Growth Possible.Recently we saw $XVG go to the moon after getting a shout out from John McAfee on Twitter. But even without his shout out, Verge was already poised for major growth. Another Alt coin priced very low and on the verge of a huge breakout is Tron. Currently over at Binance, they are having a trading contest for $TRX and whoever ends up with the most volume wins a Maserati. The reason why I mention this is because this contest is actually stalling the coin from increasing in value. There are millions of dollars worth of bitcoin sitting on the buy and sell wall for Tron. These massive traders are constantly buying and selling TRON to themselves simply to increase the total amount of how much they have traded with the hopes of winning that car. This is preventing the price from rising at the moment and the reason why this is very important is because the contest ends Christmas day and at that point the walls will disappear and TRON may very well jump from 3 cents to 30 cents, in the same way VERGE did.
Tron recently announced a partnership with OBIKE who rents out bikes in Asia, Europe & Australia. With this partnership, TRON network will have 40 million users including 10 million in Piewo, 20 Million in Gifto / Up Live and 10 Million with OBike.
In the middle of December TRON jumped up by over 500% outperforming Bitcoin and the others. When Bitcoin fell, so did TRON, but I expect to see it go right back up.
- TRX aims to "heal the Internet" by constructing a worldwide free content entertainment system on the blockchain. The protocol allows users to freely publish, store and own data, enabling them to own the rights to their content and decide when, how, and at what cost to share it.
- TRX has already transcended Bitcoin and Ethereum to become the first smart contract blockchain protocol with over 10 million (m) wallet users in the world.
- TRX supports all kinds of virtual currencies, as the official currency of the platform, TRX will be used for the conversion and circulation of the entire world’s virtual currencies in TRX.
- TRX supports various kinds of blockchain networks and smart contract systems including Bitcoin, Ethereum, EOS, Qtum, and provides developers with multi-protocol infrastructure for entertainment app development and allows users to benefit from what it is described as “smooth” multi-protocol smart networks.
XVG: Downside CorrectionMarket is in consolidation 70% of the time. The 30% that it isnt, you see a big run up. XVG reached a psychological level at 30 cent/2000Sat. Therefore I see it cutting down 40-60% of its climb. Late comers are buying XVG thinking it will keep going up without a correction. These are the losers of the trades. I expect XVG to go back to previous resistance to test whether this climb was healthy or not. After that I believe XVG will make its way to 50 cent. What are your thoughts?
Trade with care.
Send & Receive Alt Coin on Twitter With New XVG Verge Update! The team over at Verge has recently released the much anticipated Wraith 3.0 version which features alot of new updates including the ability to send and receive XRG via Twitter!
Click Here to view the Tweet.
Click here to learn how to set it up!
With all of the positive buzz around Verge, they will likely close out the year as the hottest coin and could even break into the Top 10 of Market Cap rankings.
XVGUSDVerge Has had some promising new announcements lately, lets watch the charts and ride the profits upward.
XVD - Even more juice leftXVG has held up remarkably well against this recent correction. Now that we're not constipated anymore by the correction, all that pent-up buying is taking off.
Verge has been surging...heh. And I believe there's more juice left in this crypto. Bullish downward triangle is a pretty sweet signal, especially when the MACD looks like it's about to turn up as well.
Expecting higher highs imminently.
XVG bullish continuation to 2700 satoshisThe current bull run does not seem to stop. Interest in XVG spurred by first the McAfee twitter message, then mention on Motley Fool among others, has IMHO attracted others, including more adventurous mainstream inventors, to this coin. Also, given the recent drop in BTC, that in my opinion will extend to approcimately 11000 USD (), people are looking for other investments with more potential. Currently, I believe XVG is bound to move further upwards.
Currently, we see a retrace that has barely touched the 0.618 Fib retracement, and further upwards movement seems likely. I believe XVG is a huge buy below 1700 sat, and suggest a TP for long positions at 2700 sat, with part of the position to keep for the long run.
Happy trading!
XVG: DBUmGrLSWXRQihDAwjWY4qj1UuUHohuox8
Verge long - ichimoku kumo breakoutVerge broke out on the 1h kumo cloud. TK cross also occured and these are both bullish signals. MACD momented switched from trend (down to uptrend) and RSI peaked. RSI seems to dip again so I also expect a small dip for the price. Look for entries on the fib retracement. If it bounces from a support expect a new ATH. If it breaks a support I expect a drop to the kumo cloud.
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Keep an Eye on XVG; Massive sell wall, massive SHORT, then buy!Huge sell-wall built up at 2000 and 1950, XVG could drop very low, or enact one of the three cases presented above. Watch for it bouncing off of trendlines, but I wouldn't be surprised if it dropped down to the 1200 range. More good news regarding the crypto would make it oscillate then rise again.
XVGUSD 3$ if the volume and trade intensity will holdThe trend channel of last days shows a probability that we would start the 2018 with 3$ per XVG
For that at least the 0.1$ resistance must hold for next days
xvgbtc cup and handle + triangle trends both at 716 Satoshi Seems 716 is the critical point for XVG in Bitcoin.
Both cup and handle as well triangle point the 716 satoshi or 0.00000716 (ap. 11 cents per XVG)
Below 716 there could be deaper correction.
If this resistance holds, there would be next rally arrond 23-24 Dezember Christmas
XVGUSD - Impulse imminentAscending right triangle is super bullish. We've seen this before. I'm expecting Verge to SURGE imminently.
XVG (Verge Currency) Elliot Wave FormationThe Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. (s/o to Wikipedia for the definition because I'm too lazy to type one up) XVG
XVG Dont sell too early. Look at the daily chart
Crypto traders get too wrapped up in the minute by minute plays. Daily bullish candles like this are extremely strong if they can hold the .382 retracement. If we can hold over the .236, very good chance this move will continue this week. Around the .382 we will probably see some consolidation for a bit. At the .50 or under there may be a short term reversal, but this is very unlikely considering the fundamentals of this coin.