Verge is currently very Bullish. New Partner Announcement Apr 16
Verge is currently very bullish. It reached 690 ($0.055) satoshi yesterday after that announcement that they have a new partner.
The name of the partner has not yet been announced but will be on April 16th 2018. They have also managed to raise 75m XVG ($3.2m) through crowd funding in just over a week which is quite impressive. This basically shows how strong the very community/ family is and their belief in XVG.
Since reaching 690 satoshi, there was a pullback to 504 ($0.040) but currently looking bullish again. The price currently has broken through the 0.618 fib. MACD and RSI on the hourly is looking bullish too. It should be relatively easy to get back to the 690 mark in the short term since there is a large hype of the announcement of their new partner.
I won't even be surprised if xvg increases to 750 ($0.06)or even 1000 (0.08) satoshi by April 14 to 16. Let's see what the price gets to for the short term and then think about the mid term. Around April 15th, we might see a small sell off as traders take their profit and depending on how good the news is on the 16th, the future price of XVG will be decided.
Do let me know your thoughts.
Not advise just my opinion. DYOR before investing.
The name of the partner has not yet been announced but will be on April 16th 2018. They have also managed to raise 75m XVG ($3.2m) through crowd funding in just over a week which is quite impressive. This basically shows how strong the very community/ family is and their belief in XVG.
Since reaching 690 satoshi, there was a pullback to 504 ($0.040) but currently looking bullish again. The price currently has broken through the 0.618 fib. MACD and RSI on the hourly is looking bullish too. It should be relatively easy to get back to the 690 mark in the short term since there is a large hype of the announcement of their new partner.
I won't even be surprised if xvg increases to 750 ($0.06)or even 1000 (0.08) satoshi by April 14 to 16. Let's see what the price gets to for the short term and then think about the mid term. Around April 15th, we might see a small sell off as traders take their profit and depending on how good the news is on the 16th, the future price of XVG will be decided.
Do let me know your thoughts.
Not advise just my opinion. DYOR before investing.