One of the lesser known #crypto coins I've been interested in for some time is #Verge (XVG). At its current rate of less than 8 cents, Verge is probably one of the more undervalued #altcoin assets in the market today.
Let's take a quick look at the Verge price sentiment analysis:
First, check out the "peacock tail" located on the left side of this chart...I have never seen anything like it before in any crypto coin, and it's something I'd like to take a look at in the future.
For now, I'd like to concentrate on the trading activity that occurs between 1/10th of a penny to a penny, and the activity that's occurring at and near the 10-cent range.
Note how in both instances, most of the trading activity magnitude is focused in a range between +/- 10%. My takeaway here is that Verge sets strong technical foundations before jumping higher.
And boy, does it jump!
Verge established foundations at 1/100th of a penny before going to 1/10th of a penny, and then quickly into penny territory. That's a hundred-bagger right there!
In the long-run, who knows where Verge can end up, especially now that positive public sentiment is returning to the #cryptocurrency market.
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Buying Verge now at 8 cents is a pretty safe move in my opinion.
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I got in very early and held to it's ATH and back down to where it is now. I honestly think that with a bit more marketing from it's dev team it could become as big as Monero. Will take time though. @dan21050
Where do you source this "price sentiment analysis" chart? How is the data extrapolated? Needs more color to connect the dots...this image on it's own is more thin than anything. I find it hard to believe that "price sentiment" wasn't at record extremes when Verge was breaking higher above .20 cents for that matter