SUMMARY
VERGE (XVG/USD) has phenomenal charts and bullish potential. At curernt price of about half a penny, I'm targeting $5.50....yes, sounds nuts and crazy. That' 2,100 fold profits. Can such insanity be possible? Yes, Bticoin was a penny once and now it's above $6,000. Before calling me crazy, think of think what Bitcoin went through. Yes, I know what the market cap would be at $5.50 for XVG. It matters none.
VERGE/USD displays a prominent cup and handle pattern and broke out of it in an impulse set. The cup portion sure took its time according to the hurry up and wait syndrome. Then a bullish flag was also formed and breached and now it's currently in the last stage of putting in the e wave of an a,b,c,d,e triangle consolidation. I've laid out the projected Elliott Wave price pathway. Video has full details.
Below is the the XVG/BTC chart and it too has a cup and handle pattern which was easily breached by impulsing. The subsequent a,b,c correction was completed by another impulse and currently, it completing the terminal end of a circled white wave ii and should continue rising.
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BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**