XVG (Verge) Short-term analysis

in #crypto7 years ago

Ok so the good news is the holders of XVG (Verge) have had some recent exposure of the coin.
Which means it will be on many people's radar in the long term.
However, in the short term we are seeing a correction which is weeding out the day-traders & profit takers or those who are not knowledgeable.
Lets have a brief analysis of the charts:

XVG1hr.png

This is the hourly, which shouldn't be a concern for the HODL'ers. Ive seen it range between 0.15 to 0.23 for the past while & it fluctuates alot within days.

xvg1day.png

The daily chart is showing us it has only gone down to the median price, again this is no concern for the holders of this coin as from here there is much up-side potential.

We will await the news and any new developments which are likely to come, but it seems now is the time to purchase if you have a positive outlook.

Disclaimer: DYOR, these are only my views based on my knowledge of charting, finance, & cryptos.

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