Verge (XVG/USD) Market Overview and Analysis CMP 0.122
Another mineable coin well know for it's quick rise in volume and value since last 3 weeks.
After hitting high at 0.29 around 5 days ago the market has started fallen more then 50% and almost 30% on today's daily candle and is trading at 0.12$.
It looks like another possible buying opportunity for those who have missed the ride market is showing a trendline and H&S Pattern.
All leading indicators are indicating buy signal and Hourly candle has also confirmed a possible bullish move with support level @0.10 level.
Support : 0.10 , 0.06
Resistance: 0.16 , 0.21 , 0.27
Best level to buy is between 0.12 -0.06 depending on your trading style.
The profit potential is too high as compare to the risk due to high volatility.
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