✳️ Verge | Bulls Confirmed [12,796%] (Name Your Altcoin #22 ✅)

8 февр. 2023 г.

Verge (XVGBTC) is in a good spot, it has been dropping since December 2017 and it is now ready for a major bullish wave, after 4 long years.

First is the weekly chart with the current price action:

Here XVGBTC has confirmed the 12 satoshis low as a strong support after testing it three times in 7 months and always holding.

This is the lowest price seen since May 2017.

Now, let's zoom out!


The potential from the current price to the May 2021 is huge, 874%.

Now, let's go further back... I had to activate the log scale to be able to see the candles, the potential extends to 12,796%.


Here is the chart:

We are currently within a consolidation box, or a triangle, before the next breakout.

Based on different charting methods, market cycles and experience, the next break should go to the upside. (Time will tell).

We are not greedy, 100-300% is enough but the long-term picture looks bright.

Thanks a lot for the continued support.

Namaste.