Long

Verge may surge from the abyss.

449
We haven't seen a good XVG pump since April, it's probably a good time to reinvest in the project, having in mind the strong fanbase and the past pumps (12.17; 04.18).

Currently we are in a penantish pattern.
snapshot


If we take a look at the MACD in the weekly chart, we can clearly see that the lines have made a cross, which is generally bullish.
snapshot


The coin is in relatively stable level, which we can assume is not that far from the bottom. If XVG brakes the pennant we can easily see it's headed upwards .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.