Xverge Will Soon Be Hated Even More...
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I seriously have nothing to say about this coins fundamentals or whatever other than it's a fork of DOGE and that it has gained over 2000% over the last month.
The coin has now completed (or almost) an ABCDE correction and I strongly believe we're heading up now. The consolidating triangle is narrowing down and we're near the apex, which is the point were the edge of the triangle forces the price to break up or break down. The sellers are getting exhausted which also is showing in volume decreasing while price swings are getting smaller. I believe we're gonna shoot up even before the apex and when we do we're probably gonna hit my short term target at 0.00001575.
After that, a smaller correction will occur and I would suggest you NOT to try to time in the and sell cause price moves quickly and can take off again before you know it. And if that happens then you're in an awful position mentally of having to buy in at a higher price than you sold off on, which will lead to frustration and future bad decision making.
When entering the 5th wave, we will see higher highs and the Xverge haters will multiply like crazy. My midterm target is 0.00002855 and I will update you before we get there.
If you have any favourite coins that you want me to tackle, please comment below.
This coin analysis was requested by: https://twitter.com/cryptozordon
Investment summary:
⭐⭐⭐⭐ 4 out of 5 stars on this investment
🤑 Short Term Target at 0.00001575 BTC
💲 Potential profit 46%!
🚀 Mid Term Target at 0.00002855 BTC
💲 Potential profit 165%!
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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.