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RE: VERGE (XVG) Elliott Wave Analysis: Wave III Target $0.0465 (10x Profit Potential)

in #bitcoin7 years ago

Thanks for the update. What has changed between this one and the one prior? I believe that one showed XVG potentially hitting $0.25 in November. I'm new to TA and understand these analyses change by the day - just curious to know what it was to cause it to change. Thanks again!

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I think the timeline is just hard to predict. The corrections often take longer than expected. Awhile back Haejin did a series of longer term projections on several coins (say 12-18 months or less). He had Verge hitting $5.50. The other coins with the greatest projected returns were Stratis, Whitecoin and Digibyte.

Yeah, I still see Verge breaking out at some point, maybe $5.50 could happen a bit farther into 2018