Verge (XVG)
Verge is a project based on the Bitcoin source code that is focused on privacy and stealth transactions. Anyway, XVG has been in a downtrend almost since the beginning. As can be seen, when XVG broke the second downtrend line, a strong upward wave started. Now, Verge is oscillating in a sideways channel. Let's see when XVG breaks this area upward.
Note
XVG is trying to break the sideways channel. Let's see what happens.
Note
So, it seems XVG is moving up linearly, brick by brick, moving from one consolidation area (sideways channel) to another. Currently, XVG is starting another upward move. Let's see if it can break this area upward or not.
Note
So, as it turned out, XVG is moving in an inverted triangle pattern. And currently XVG is oscillating at the bottom. Let's see what happens.
Transaction en cours
So, XVG is going up according to the analysis. XVG broke the minor oscillating zone at the bottom and is going up toward the inverted triangle's upper line. Let's see what happens.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.