Well, allmost all coins are going south because of the negative news, Verge is not an exeption. After completing abc correction, price got little up, and started to drift down. I would say, if negative news keeps comming, price can reach support line at around 500 sat. which coinsides with 0.786% fibs level. I place stop at 423 sat.
Trade ist aktiv
⋅
Price consolidates about 625 area, still looking for the upside move. We'll see how it goes.
Kommentar
⋅
78,6 fibo level looks strong, and price just slides along that level. If price breaks down, watch for 88.6 level, at around 300 sat. Upside is around the corner...
looks like verge is stagnant. volume isn’t picking up
WorldEconomics
⋅
@BenWechsler, - The USDT news brought it down, but hopefully the better news from South Korea will bring stability.
MiningDogz
⋅
Dear Sir,
I know you have got like a PRO next to your name. I know I am also an novice a noob and want XVG to shoot back up to 2k sats like you do.
But what makes you think that it will go back to that green box you have drew? what is your TA against this or only hoping it goes back to that Green box you are suggesting?
raadim
⋅
this coin is dead, it will go back to 80 satos
hodlstar
⋅
when?
crypt0whisperer
⋅
@hodlstar, this timeline at the bottom of the chart clearly says Feb