There are two reasons why I am bullish here:
a) Bitcoin seems to be bullish! This is the most important one! If Bitcoin decides to just drop hard, then this might be it and XVG might even drop harder.
b) Verge has news this month.
We are at a really low position right now. Verge showed how fast it can move. Still one or two days of sideways movement? Easily possible as it follows Bitcoin. But then again, I'm expecting a bullish trend afterwards. And together with news, this coin has high potential.
The least to expect would be an uptrend until MA200. This alone would mean over 10% plus in Satoshi (plus Bitcoin also raising).
Be aware that trading during sideways can go wrong really badly, really fast. And altcoins during these times have huge risks. It's up to you whether you go in or not and whether you put up stop-losses or not.
a) Bitcoin seems to be bullish! This is the most important one! If Bitcoin decides to just drop hard, then this might be it and XVG might even drop harder.
b) Verge has news this month.
We are at a really low position right now. Verge showed how fast it can move. Still one or two days of sideways movement? Easily possible as it follows Bitcoin. But then again, I'm expecting a bullish trend afterwards. And together with news, this coin has high potential.
The least to expect would be an uptrend until MA200. This alone would mean over 10% plus in Satoshi (plus Bitcoin also raising).
Be aware that trading during sideways can go wrong really badly, really fast. And altcoins during these times have huge risks. It's up to you whether you go in or not and whether you put up stop-losses or not.
