Four days ago I conducted technical analysis on Verge (XVG) and set a price target at $0.20
Article Here --> XVG/USD Verge Trajectory Update! - Bullish Flag? - What to expect in the short term
A combination of both trajectories occurred. The price dropped form $0.16 and found support at $0.11. It then tested and broke through the resistance level at $0.17 and briefly exceeded the psychological barrier at $0.20 to reach $0.22. That's a 100% return on investment!
Verge is now consolidating between $0.20 and $0.17. I expect that it's bullish run is not over and will continue to challenge the resistance at $0.20. Making our next target point $0.30!
I wish you MASSIVE profits on all your trades,
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What cryptocurrency would you like me to cover next? Would you want these posts to be more detailed in a Technical Analysis standpoint or simple and to the point? Do you agree with this position? What do you think will happen?
Let me know in the comment section below!
BTC - 3AQP9LMjY8SNSZ6nfpsn67nVQe3db8tg3K
ETH - 0xc486b894321d3520D40f257B7fDbf904b25aBD65
LTC - MTbXPRKTcuMLdN6czDeEXzdSus7MnbponG
XVG - DKBHQX5zxQPizLym9Y2uWzfmQVJ1fVt6wM
Disclaimer: Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
