Bullish XVG(VERGE) Technical Analysis

in cryptocurrency •  8 months ago

Verge was previously over priced and have since experienced correction and is in a short-term downtrend with expectations of a bullish breakout in the near future.

Source: https://www.tradingview.com/chart/lvZeJh2f/

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I think that bitcoin (and other cryptocurrencies) price will rise in the short and long term because of technical and fundamental reasons.
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I completely agree. The entire cryptomarket is growing and is expected to grow as a long term asset (:

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Popularity of cryptocurriencies is rising. Moreover, it may be great opportunity for e-commerce. So it has a strong fundamentals for uptrend.