XVGUSDT Forming Potential BreakoutXVGUSDT is shaping up with an interesting technical setup that could catch the eye of both short-term traders and long-term crypto investors. The chart currently suggests that Verge (XVG) is forming a potential breakout pattern after a period of consolidation within a descending channel. This pattern often signals that sellers are losing momentum, paving the way for an upward price reversal if a breakout above resistance occurs. With strong volume backing this move, XVGUSDT could deliver a solid gain in the 90% to 100%+ range if the bullish scenario plays out.
Verge has long held a spot among privacy-focused cryptocurrencies, known for its focus on anonymity and secure transactions. As crypto investors continue to diversify into projects with strong use cases, Verge’s established community and real-world applications add credibility to its potential upside. This renewed buying interest reflects growing optimism about Verge’s future, especially as it continues to improve its network and form new partnerships.
Traders should pay close attention to price action near the top trendline of this descending channel. A clear breakout with sustained volume could attract even more buyers, sparking a rally towards key resistance levels. Historically, Verge has seen sharp moves following similar technical setups, making this an appealing chart for swing traders aiming to capture high-percentage gains.
Keep XVGUSDT on your watchlist as we look for confirmation of this breakout in the days ahead. A decisive close above resistance could be the catalyst for the next major uptrend in this privacy coin’s journey.
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XVGBTC
XVGUSDT Forming Bullish PennantXVGUSDT is currently showcasing a bullish pennant formation—a continuation pattern that typically signals the resumption of a strong uptrend. This pattern forms after a sharp upward move, followed by a period of consolidation, which is now evident in XVG’s price action. With the pennant nearing its breakout point and volume starting to pick up, the probability of an upward breakout is increasing significantly.
This setup often draws the attention of traders and investors, especially when paired with rising volume and solid project fundamentals. The consolidation within the pennant suggests accumulation, while the narrowing structure indicates that a volatility expansion may be imminent. If price breaks above the pennant resistance with confirmation from volume, XVG could realistically achieve a 40% to 50% move in the short to medium term.
Market sentiment around XVG is improving, as it's regaining attention due to increasing on-chain activity and renewed interest from long-term holders. The bullish pennant, when forming in a broader market recovery or bullish environment, can act as a strong springboard for price. Traders looking for technical breakouts are already watching this pair for a potential entry setup.
With investor confidence growing and XVG forming a powerful bullish pattern, this crypto pair holds strong upside potential. Keep a close eye on the breakout level, as a decisive move above it could mark the beginning of a significant rally.
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XVG Looks bearish (4H)From where we entered "Start" on the chart, XVG correction seems to have started. This correction seems to be a diametric. By maintaining the red area, it can move towards the green box.
The low risk range for sell/short positions is the red box.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Is VERGE (XVG) on the 'verge' of a breakout?VERGE (XVG) is one of only nine ISO 20022 compliant cryptocurrencies and is by far the least well-known of the bunch. VERGE is also currently trading within a nice wedge pattern and seems to be forming what could become an inverted head and shoulders pattern on the 4-hour chart.
This could be a very good sign for VERGE currency!
Good luck, and always use a stop loss!
XVG buy/long setupThe large structure of XVG has been bearish and has been involved in a correction so far. Now we have an iCH and some iBOS on the chart.
We have a support range in which we expect price rejection upwards.
We are looking for buy/long positions in the green range.
Closing a daily candle below the invaliation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XVG / XVGUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
XVG / XVGUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
#XVG/USDT#XVG
The price has been moving in a large descending triangle since September 2022
We are now on the verge of breaking the downtrend.
Hence, moving average 100
Which pushes the price to rise, supported by oversold conditions and upward momentum
The price now is 0.1465.
The first target is 0.3669.
The second goal is 0.6312.
XVG ANAALYSIS (12H)XVG seems to have entered a correction from where we wrote "start" on the chart. Now the G wave, which is the last diametric wave, has ended and seems to have entered the bullish wave.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
buy zone and retire by 2025 I've been following xvg for a long time, March 2020 is close to the support zone. I'm not in a rush to buy. Because even if everything is right, TIME can be a big problem. All shares of xvg are in circulation
XVG ANALYSIS (4H TF)Note: This symbol is risky, it has a small volume and its fluctuations are high, be careful.
This symbol has a bullish price action structure, it can move towards TPs by maintaining the green zone
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XVG is on the 'Verge' of a very big move!The last time XVG charts looked like this it ran 25X over the next 6 months. Let's also not forget that it's one of only 9 ISO 20022 compliant crypto-currencies out of the entire crypto-sphere!
Don't miss it!
Still on the Verge...XVG - Verge Currency is setting up nicely for what could be a very big bounce. Watch Sept 22nd through the 23rd.
We're on the Verge! (XVG)Verge is setting up for what could be a very big move. Whether it will be sustainable remains to be seen, but I've picked up a nice bag of XVG that when it bounces will be swapped at a higher value for other cryptos. This is an exchange rate play. Swap the winner for the loser and increase you position on their dime!
Verge (XVG) trade set up.Here's my XVG trade set up through January 1st 2024. Verge is one of the nine current cryptos that are ISO 20022 compliant and at the moment is the lowest priced of the nine. I think we are going to see a big move in cryptos moving into the new year, and most people think it will be bearish which automatically makes me think that the exact opposite will actually occur. Once the move gets going those who have missed out on the other 8 coins will FOMO and drive the price of XVG up very quickly.
$XVGBTC on the "verge" of a breakout?This is my view:
Bitcoin has been running sideways for a long time and I think people are getting tired
Alts are currently retesting support on the multi-year macro trend line.
And now, with respect to BITFINEX:XVGBTC , it looks like the end of the downtrend is nigh.
BTC dominance looks like it's about to keel over.
BTC arguably will not hit an all-time high this year, and when it does next year, it's an ABC correction to the pits of hell.
Alts look primed. What do you all think?
Verge is setting up for a colossal move to...XVG/Verge is setting up for a colossal move. The Cup & Handle formation on the left made a substantial move from .001725 to .0766 over the course of about 13 months. If you look at the chart on the right you can see that a fractal repeating pattern has taken shape, and now looks like the optimal time to go long.