Verge (Bittrex: XVGUSD) has broken out of the triangle pattern in the monthly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, XVG began a wave one advance in January 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in October this year. If this wave count is correct, XVG should be heading next towards the December 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Verge is a secure and anonymous cryptocurrency. dlswizzlestick covered some of the upcoming important changes.
(Sources: https://vergecurrency.com/)How Will Verge Trade?
Verge (Bittrex: XVGUSD) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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