Verge is in the top 20 marketcaps and has had extreme parabolic movement last few weeks. Currently verge and retraced a good amount and its starting a recovery phase . I believe we will see a .30 verge again soon . Keeping an eye on the soft support and the soft resistance i think these points will be hit off and on the next 2 days at least.
Hard support @ .08 /8 cents
Soft support @ .14 /14 cents
Soft Resistance @ .22 /22cents
Hard Resistance @.29 / 29 cents - If we see a break over this point we will see another 25 to 50 percent growth which is about .38 to .45 area!
Verge seems to be slowly breaking its brief downward trend. In the last 24 hours we have seen some upward movement but overall is still downtrending the next 24 horus will tell if its breaking out or staying above the soft support!
Very good buy point right now if it decides to break up to the soft resistance sense XVG is at the soft support right now.
The soft support was reached twice with the 2nd time xvg breaking thru with a high of .235 area if xvg breaks thru a 3rd time i expect it will reach its hard resistance!
BTC will be on the move here in the near future so ive shifted majority of my portfolio into BTC always protect your investment.
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