It's a nice analysis, but it's not just verge. soon all the subcoins will enter the bullish season because market indicators point to this. As the dominance of bitcoin in the market declines, we will benefit from the blessings of altcoins. By the way, i think it's a good time to buy verge. I'll buy some it.
This is not an investment advice
Topic: Verge Bears turn to Bulls? (Read 145 times)
Sadly a contrary prediction had been published here : https://walletinvestor.com/forecast/verge-prediction
It states that there is possible crash on Verge market
It states that there is possible crash on Verge market
Wallet investor does not have a competent enough algorithm, they were predicting all altcoins including Ethereum to go to 0 during the
last bear run, which gave them basically a hit rate of 0%...
Any highly volatile project that has been on a sustained downtrend seems to mess up their scripts...
Sadly a contrary prediction had been published here : https://walletinvestor.com/forecast/verge-prediction
It states that there is possible crash on Verge market
See the graphical presentation below
It states that there is possible crash on Verge market
See the graphical presentation below
Quote
Questions & Answers about Verge Projection
What is the Verge price today?
The current price of Verge is 0.00317 USD today.
Will Verge price drop / fall?
Yes. The price of Verge may drop from 0.00317 USD to 0.00227 USD. The change will be -28.243%.
Will Verge price grow / rise / go up?
No. See above.
Will Verge replace / surpass / overtake Bitcoin?
According to our predictions, this won't happen in near future.
Will Verge crash?
According to our analysis, this can happen.
Will Verge hit 1 USD in a year?
Not within a year. See above.
Will Verge hit 5 USD in a year?
Not within a year. See above.
Will Verge hit 10 USD in a year?
What is the Verge price today?
The current price of Verge is 0.00317 USD today.
Will Verge price drop / fall?
Yes. The price of Verge may drop from 0.00317 USD to 0.00227 USD. The change will be -28.243%.
Will Verge price grow / rise / go up?
No. See above.
Will Verge replace / surpass / overtake Bitcoin?
According to our predictions, this won't happen in near future.
Will Verge crash?
According to our analysis, this can happen.
Will Verge hit 1 USD in a year?
Not within a year. See above.
Will Verge hit 5 USD in a year?
Not within a year. See above.
Will Verge hit 10 USD in a year?
Verge was confused in several scandals related to his developer and significantly lost in price and trust. If you are not afraid of attack 51, which has already happened with XVG in 2018, then you should buy coins of this project. Verge price has dropped by 98.8 percent from reaching its maximum.
ASICs are destroying Zcash now, because of that no one knows what may happen with the price of this coin in future it may continue falling or it is a good point for a buying.
When the Verge first came on the market, it was pretty loud. But other privacy-focused altcoins have done better than Verge. Especially projects like Zcoin, Grin,Beam, Apollo are some of these. Of course, these are just the verge's competitors.
There are much stronger competitors like Monero, Zcash, and I don't think Verge can compete with those in the long run. So I don't think the price is going to go up too much.
There are much stronger competitors like Monero, Zcash, and I don't think Verge can compete with those in the long run. So I don't think the price is going to go up too much.
ASICs are destroying Zcash now, because of that no one knows what may happen with the price of this coin in future it may continue falling or it is a good point for a buying.
When the Verge first came on the market, it was pretty loud. But other privacy-focused altcoins have done better than Verge. Especially projects like Zcoin, Grin,Beam, Apollo are some of these. Of course, these are just the verge's competitors.
There are much stronger competitors like Monero, Zcash, and I don't think Verge can compete with those in the long run. So I don't think the price is going to go up too much.
There are much stronger competitors like Monero, Zcash, and I don't think Verge can compete with those in the long run. So I don't think the price is going to go up too much.
Verge Price Analysis and Technical Analysis: As we notice that the cash is moving with the bullish development in the market, yet the money can’t break out the SMA of 10-day and 20-day. The moving midpoints are demonstrating solid sell flag in the market. The estimation of RSI is 36 and it is indicating neither green nor red sign and stays nonpartisan. Then again, MACD of the 12 and 26 levels are in the red zone and the sell sign is on.
The money’s principle bolster levels lie at the estimations of $0.0031 and the $0.0030. The principle obstruction levels of the cash are $0.0035, 0.0038 and further these qualities there is solid opposition around the estimation of $0.0040. The money is at present moving with bulls.
News Source: TheCoinRepublic
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