Post
Topic
Board Speculation (Altcoins)
Re: [XVG] Verge - Speculation & Discussion
by
diouf67
on 16/01/2018, 19:54:32 UTC
If my sense is right, Verge chart baseline would be anywhere at 500 satoshis https://www.coingecko.com/en/price_charts/verge/btc potential for short time play

It has a really big support around 700 and 750. So I don't think is goin bellow that anytime soon unless BTC goes to less than 10k. Right now is going around 800 sats

It's had really big support at previous levels, 900 being the main one. Realistically at this point bitcoin is driving the market like you said. If bitcoin falls below 10k then that 700 support level will be obliterated, I have no doubt about that. It's a bit of a weird one the way the market works in that every coin seems to just follow bitcoins signal.