Verge is one of the controversial crypto assets specially in the beginning of the year it accounted for a very huge amount of news coverage related to MCafee suggestions about this coin. If some of you didn't look at our Medium post earlier this year, this coin is one of the biggest game changers that existed in the whole crypto world. If one buys xvg coins on Jan 2017 with only 1 USD and wanted to sell it on the beginning of 2018 he would have profited 1.5 million times on his investment and that 1 USD will be 15000 USD. That game changing change obivously made some people even millionaires. Anyways starting from Mid April this coin was in a very highly downward slope movement. It seems this correctional downtrend is almost done and an uptrend is beginning to start in the following days. RSI is fairly around 45 and 21 DMA is above the price.
If it can show some engulfing chart behaviours and volume got some increament the verge is going up once again. Besides the Technical Analysis study results there is also a rumor that Huobi trading platform is listing XVG on its platform which most probably brings a big bounce in the short run.
Accumulation Zone : 291 - 320 sats
Targets :
Short Term :
T1 : 336 sats
T2 : 353 sats
T3 : 374 sats
T4 : 436 sats
Mid / Long Term :
T5 : 545 sats
T6 : 715 sats
T7 : 853 sats
T8 : 990 sats
T9 : 1186 sats
StopLoss : 260 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
If it can show some engulfing chart behaviours and volume got some increament the verge is going up once again. Besides the Technical Analysis study results there is also a rumor that Huobi trading platform is listing XVG on its platform which most probably brings a big bounce in the short run.
Accumulation Zone : 291 - 320 sats
Targets :
Short Term :
T1 : 336 sats
T2 : 353 sats
T3 : 374 sats
T4 : 436 sats
Mid / Long Term :
T5 : 545 sats
T6 : 715 sats
T7 : 853 sats
T8 : 990 sats
T9 : 1186 sats
StopLoss : 260 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
