Ok so the good news is the holders of XVG (Verge) have had some recent exposure of the coin.
Which means it will be on many people's radar in the long term.
However, in the short term we are seeing a correction which is weeding out the day-traders & profit takers or those who are not knowledgeable.
Lets have a brief analysis of the charts:
This is the hourly, which shouldn't be a concern for the HODL'ers. Ive seen it range between 0.15 to 0.23 for the past while & it fluctuates alot within days.
The daily chart is showing us it has only gone down to the median price, again this is no concern for the holders of this coin as from here there is much up-side potential.
We will await the news and any new developments which are likely to come, but it seems now is the time to purchase if you have a positive outlook.
Disclaimer: DYOR, these are only my views based on my knowledge of charting, finance, & cryptos.
Congratulations @ashcash! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @ashcash! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit