VERGE (XVG) Update: How much higher can it go? Check out my analysis!
VERGE completed nice 1,2,3,4,5 impulse waves (black) and the required abc (red) was decent, thought volatile. The recent wave up, i,ii,iii and iv are placed and that leaves wave v left.
Here is a shorter time frame chart with wave iii and iv and v shown. Check out the large hairpin and it child fractal! Once price busts out of the smaller downward pointing hairpin, wave v should be able to complete.
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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Another great analysis, i was concerned from your previous verge post that it was already time for correction but im happy to see the verge train will still keep going! :)
Do you think we will see a new high?
If wave count is correct, yes. But also depends on the dampening effect of the potential bitcoin bear.
Please remember from my prior posts, that wave v is always, for me, a profit taking wave.