XVGUSD trade ideas
XVG - HODLcurrent movements still look corrective, doesn't look like it has entered a bearish move.
correction has tested 32.8, would like to see it come down to the trend line at the 50% re tracement zone at around 18c.
if it drops past the 50% fib retracement, it may head down and test the 61.8.
either way, as it stands we are seeing a correction and not a change in direction.
if you're looking to accumulate, there could be some entries within the next couple hours with very tight stops.
upwards potential is growing as this correction expands, will have a better target as we get a clearer picture on how this is playing out.
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.
Verge Short: Hold Or Buy?Obviously, we're not selling at this point... According to the RSI Chart, it was over-bought (red arrow)... So it's in a bearish downtrend heading into resistance... May be a good time to pick some up if you don't have any... My 2 Cents!
Buy Verge?Looks like a descending triangle pattern. Looking for it to fall to the blue 100 day MA and .155 support line. Possible buying opportunity.
xvg estending correctionlarger correction forming, indicating a larger potential wave 3, which puts it close to .52
assuming we dont fall into a larger degree bearish pattern before running bullish
XVGUSDVerge Has had some promising new announcements lately, lets watch the charts and ride the profits upward.
XVGSECOND wave seems to have completed in the final 5th wave of the move
fork holding for time being, macd ticking up and averages crossed
- looking for target around .33, potentially .38-.40
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.
