Verge is a great buy right now.steemCreated with Sketch.

in #bitcoin • 7 years ago (edited)

So one of John McAfee's favorites because of it's similarities to Monero, yet better in comparison, and cheaper. You know the name, Verge. This post is not a speculation based on fundamentals, so I will display the potential rise in price from a purely technical perspective.

Here is an image depicting the recent price action on Verge:

image.png

Verge is clearly well supported at the 1000 Satoshi level, and I believe it will go up further. First targets at 2000, (recent high, then second targets at 3000.

If the bulltrends stays intact, I am forecasting for verge to eventually hit 3000 Satoshi's. I suggest you sell half on the double up if you are trading, or hodl if you are in it for the long term.

Thank you for reading and happy holidays.

#verge
7 years ago in #bitcoin by
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     7 years ago (edited)

    Thanks for sharing. I'm still new to the language in crypto land so what do you mean by Satoshis?

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       7 years ago 

      Satoshis are the smallest denomination of Bitcoin. It's 1 to the eighth decimal place of Bitcoin. So one Bitcoin can be broken down into 100 000 000 Satoshis (one hundred million). So for perspective, Verge is priced at about 1100 Satoshi's right now.

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