Rumors of VERGE reaching $15, true of false? John mcafee denied it intentionally to create a dip?
Hello Steemians! I am back with a news to share with the steem community!
Take a look at the XVG/ETH chart.
Verge has recently made massive gains and I believe are in its infancy phase.
Verge is commonly compared to Monero and Zcash. Both worth hundreds of dollar per coin.
Do I think it will reach there? Not anytime soon, simple reason being the total number of circulation coins for verge is significantly more than Monero and Zcash.
Find out more on this superior privacy coin here
VERGE
Now lets talk chart
There is a decending triangle forming here, with the base made out of 3 pin candle support. Basically, price action touches that line and spiked. The big boys like that line to create such movements.
The decending triangle is currently at E wave, which marks the end of triangle formation.
Could this be the retracement it needs to get to 50 cents in the short term.
Verge is coming up with its wraith protocol, despite recent delays in realease. The protocol will be beneficial to the verge.
Leave your comments if you are vested!
WHERE do you think verge is heading?