Post
Topic
Board Speculation (Altcoins)
Re: VERGE - Price on positive appreciation for the past 14 days
by
counterplay
on 10/04/2018, 21:43:10 UTC
It has caught an incredible upward trend. But after that time it can be risky. What do you recommend.
I think it is quite probable that the price rises further until the day before the announcement. FOMO will kick in and there were already wild speculations about Amazon being the partner, which doesn't sound very realistic.
After the announcement there might be a dip even if the announced name meets expectations (but isn't Amazon Smiley) because everyone sells the news.