Crypto Screener Forums Emerging markets – TA – Forecast Verge (XVG) Forecasts – Technical Analysis

This topic contains 2 replies, has 2 voices, and was last updated by MrHanna MrHanna 1 year, 5 months ago.

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  • #873
    margincall
    margincall
    Keymaster

    This is the thread for analysis on the Verge (XVG) markets.

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  • #1149
    MrHanna
    MrHanna
    Moderator

    XVG treated a lot of early hodlers with a very nice Xmas! The buys below 100 sat really paid off.

    Taking a look at the market to see where we are headed.

     
    XVG forecast
     
    We can see that the market is busy correcting after a strong rally against bitcoin. Longer term view for XVG is extremely bullish.

    Short term support: 1000 – 1200 sat
    Medium term support: 800 – 1000 sat

    You can set up buys inbetween these levels when looking to speculate on the Verge markets.

    Please feel free to discuss this trade idea with us in Slack.

    #874
    margincall
    margincall
    Keymaster

    XVG is a project I really like, if you didn’t scoop up any below 90 satoshi now might be a good time to buy a little position for xmas or latest 2018.

    I am hoping to get some buys in between 90 – 100 satoshi. Some speculators might jump onto alts that are rallying and sell their XVG.

    Trading volume is still very low so I don’t think XVG will pump today. XVG is a long term hold of mine so adding to my bags here. Safe trades.

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