Verge (XVG) buying opportunity - potential for 2x-7x price increase
The anonymity-focused Verge (XVG) cryptocurrency seems to be consolidating on the 61.8% Fibonacci line and there's a strong possibility that it will break-out soon. The intersection between the 61.8% Fibonacci line and the downwards trend line happens around 110 sat.
Your buying entry could be anywhere from 100-115 satoshi, but if you want to be more sure about the bullish trend, you can wait for confirmation above the trend line, around 120-125 sat.
Going by past growth spurts of XVG, it could grow anywhere from 2x to 7x over the next few weeks. Short-term you can also take a 30%-50% profit.
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Good tip bud, looks like a good investment.
New wallet release in next few days. For sure 2x more than possible.
That's good to know, @gnimeets. Thanks for sharing!
It's all good mate :)
Quite possible that wallet release today.
I'm guessing you already got your XVG ^^
Hey bud,
Just a quick off topic question. What exchange do you use?
-Upvoted, awesome post, followed you
Hey there. Bittrex for most altcoins.
Nice post. I was about to post a similair thread. There's a lot of exchanges out there. I found that coinmarketcap.com gives quite a decent overview. I found this great website: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. For example: https://www.coincheckup.com/coins/Verge#analysis For the Verge Investment analysis.