Verge Breaks Up | Finally It Will Grow... by 200% or More?In my last analysis, we talked about this important trendline for Verge (XVGBTC)... Below it, we get consolidation + retrace, above it, we get profits and growth...
See it here:
This trendline has been broken with good strength and volume... So it is time for Verge to grow.
This is a friendly reminder.
Thanks a lot for your continued support.
Namaste.
Xvg
XVG/BTC Ready to Leave the Station..!!!!!XVG/BTC (DAILY)
Looks Bullish in DAILY Chart..!!
- Bullish RSI +MACD Divergence..
- Volume is Increasing
- Breakout Expecting
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Verge Descending Triangle | Retrace Over?Verge (XVGBTC) is forming a descending triangle, easily visible on the above chart... Is the retrace over?
Notice the bottom part of the triangle, we can see higher lows being hit... By looking at the upper side, we can lower highs...
Volume is decreasing overall but there is an increase in bullish volume... Here is what happens next!
Verge (XVGBTC) Potential Paths & Scenarios
1) If the support at 40 satoshis holds and EMA10 (42 satoshis) can be broken, we can expect XVGBTC to move higher and touch the green trendline. If this trendline is broken we go much higher.
2) If by any chance the 40 satoshis support can't hold, 38 satoshis will be revisited or a new low. The new low is the less likely scenario right now.
All the details are shared on the chart.
We are bullish on Verge (XVGBTC).
Thanks a lot for reading.
Namaste.
XVG - Looking Rather Bearish - Back To Key Support Out of most Cryptos, XVG has had the worst run recently. Really struggling to rain above the water and looks set to be heading back down to support. It is always a good one to trade with some good volatility pushes
XVG - Failed Breakout - Reattempt Could HappenXVG could be interesting it always does well when it trends. Fear of missing out is always strong with XVG. I'd wait for entry and wait for closure over the EMA34 (Orange)
XVG Bullrun ComingIt seems like alt-coin season is here. If 2017 repeats itself, that means alt-coins will breakout with bitcoin. We can see some fundamentals for Verge:
RSI has been steadily rising since July.
MACD is bullish, moving upward.
High volume Sept 17th-19th
Disclaimer: Cryptocurrency market is notoriously unstable and are easily influenced by external events. This is no guarantee that Verge will breakout. This analysis is based on past events and indicators.
$XVG #VergeCurrency - Fib Time Zones and Time Cycles for $XVGUSDQuestions for you expert chartistas:
1. Does it appear XVGUSD breathes on a 224 day cycle? The 2018 bear market completing a supercycle of sorts consisting of three 224 day cycles. Interestingly, the same goes for the genesis of XVG on Bittrex up until the end of the bull market.
2. I played with the Fib Time Zones so that there is some kind of correlation with the 224 day cycles, with the genesis of XVGUSD (on Bittrex) starting at Fib Time Zone (2).
The interesting observation here is where it lands at Fib Time Zone (8) - at the end of the bear market supercycle. Now look at the repeating fractal patterns.
I have goosebumps. Do you?
On the verge of collapse.Xvg is looking very rough.
Will it shed another 50%+?
Drop a comment below, let's talk about it.
XVG has no choice but to break out from a massive falling wedge.$xvg Verge has been forming a falling wedge since april 2019 and unsuccessfully tried to break out 4 times.
The pressure on the dynamic resistance (green line) is now huge as we are approaching the bottom level around 38 sats.
Verge has to break out no later than September 10th or we will explore new lows around 32 sats.
If xvg breaks out the first target will be the resistance marked by the blue line around 50 sats.
But the most important resistance is marked by the red line and is around 55 sats.
After breaking it, verge will start a new uptrend and potentially a bull run.
TP 1: 50 sats
TP 2: 55 sats massive resistance
Tp 3: 70 sats accumulation zone
Tp 4: 90 sats accumulation zone
Tp 5: 100 sats massive resistance
Tp 6: bull run
Further Downside On XVG...Looking like further downside is to come on Verge. A lot of bears still pulling it down and with Bitcoin dominance increasing it looks like more down than up.
XVGBTC: going to zero?I don't care about these coins - they'v been good for pumps/dumps but nothing else. There's no economy being built around them. I'v never seen a partnership that wasn't a price manipulation scam. So I don't believe that any of them have any genuine fundamentals outside of bubblenomics.
I think most will return close to zero sats within the next 12 months. Verge is a good example and I'v been watching it and trying to play bounces, although I haven't touched it for a long time. The price action is deflationary, I don't see any real action now.
The indicator suggests further decline too, perhaps into 2020. I will keep watching, but I am bearish on alts. For those waiting for the Alt Spring, I would say only that the alt breakout of 2017 happened only after BTC reached its previous ATH and, of course, it was part of long-term bullish move where people actually believed these projects had merit... clearly they don't and it's also clear more and more people know this.
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 : XVG/USD Price Surge Expected Amid
The Currency Launched in 2014 under the name of DogeCoinDark, the coin was renamed Verge in 2016 and begins to be noticed afterward. It uses protocols known as TOR (The Onion Network) and the I2P network layer to obtain complete anonymity and non-traceability for each transaction. Verge pioneer in maintaining total confidentiality in every transaction has always been a priority area for the cryptocurrency market.
Verge Latest Partnership with NetCent
Verge (XVG) is considered one of the safest platforms in the cryptoverse and continues to build partnerships in various sectors. His partnership with Netcent has been a topic of discussion for some time because this partnership plays a vital role in the coin. While with the partnership, It is expected that debit cards domiciled in XVG will be issued to the holders and which will directly affect the price of coin and XVG can see an increase in the user base with this development.
Verge (XVG) Partnership with Trust.Zone VPN
Verge (XVG) announces a new partnership agreement, another new with gifts for users. This partnership is a big step forward for Verge. In addition to the wide adoption submitted for Verge, crypto projects will be viable for additional layers of security and privacy.
While Verge (XVG) is using and accepting VPN services more than ever, TrustZone notes that anonymous VPN service users who pay with XVG will receive a 10% discount from the end of 2019.
Alex Edwin, one of the founders of Trust.Zone, said in a statement that the collaboration would provide the privacy desired by Internet users.
“Anonymous VPN service + Anonymous Cryptocurrency may change the way you surf the Internet. We make the Internet, the way it was meant to be — secure, safe and anonymous. We want to provide all internet users who care about their online privacy and use of personal information with the highest level of online security and protection,”
Edwin stated.
Market Forecast for Threshold Prices by Analysts
In a truly unpredictable market, predicting the price of cryptocurrency is more of a gamble and a chance than data estimated by numerical estimates.
Let’s look at important publications and personalities, as well as their predictions on the price of Verge (XVG), which will give us another perspective to consider:
CryptoGround
The cryptoground.com algorithm saw green in the second half of the year for XVG, estimating it would reach $ 0.0281 by the end of the year.
Wallet Investor
Walletinvestor.com, one of the best crypto market analysis sites, estimates that the coin threshold can reach up to the US $ 0.138 by the end of 2019. They even claim that in five years, the XVG could increase by 2 to 3%.
Mega Crypto Price
According to Algo forecasts, the XVG could reach 0.7401 USD in 2020 (Price Prediction Verge Coin 2020). They even added that in 2023, Verge could reach $ 2.39.
Coin Fan
Coin Fan estimates that by the end of 2019, the XVG could reach $ 0.172 and that in the lower part it could reach $ 0.127. By 2020, the XVG format could reach between $ 0.45 and $ 0.61, according to the forecasts of Coin Fan.
Digital Coin prices
This website estimates that the XVG could reach $ 0.0257 by the end of 2019 and could reach $ 0.043 in 2022. It even indicates a fall in prices in 2023 and predicts that XVG could be devalued to $ 0.041.
Trading Beasts
Trading Beasts expects the XVG to reach around $ 0.05 by the end of 2019. This forecast is very pessimistic. They even said that in 2020, the XVG could be around $ 0.07.