How far can Verge (XVG) go?

in #verge7 years ago

There is a lot of interest in Verge recently, that's why the huge volume increase. Now the question is how high can the price rise? To answer this question we can use Fibonacci Levels. We draw them based on previous highs and lows.

As you can see on the chart above we are currently crossing level 0.236. If the price breaks this level next resistance is at 0.382 which means the price of 0.00001100 Satoshi. And this could be our next profit target.

Do you like my analysis? Please let me know!