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Verge has fallen down over 35% on the Daily levels.
But if you look at the 5 minute and 15 minute charts, it looks like a accumulation going on. When it fell down to 8800, there was huge volume followed by an automatic Rally.
When it fell several times after that, the volumes were less and huge buy orders and support at the 8800 - 9000 levels which let us assume that accumulation is going on.
The RSI also shows a hidden bullish divergence. I expect a quick rally to 1100 - 1400 levels. There is huge volatility in this coin and you can easily make 10-20% profits.
Verge has fallen down over 35% on the Daily levels.
But if you look at the 5 minute and 15 minute charts, it looks like a accumulation going on. When it fell down to 8800, there was huge volume followed by an automatic Rally.
When it fell several times after that, the volumes were less and huge buy orders and support at the 8800 - 9000 levels which let us assume that accumulation is going on.
The RSI also shows a hidden bullish divergence. I expect a quick rally to 1100 - 1400 levels. There is huge volatility in this coin and you can easily make 10-20% profits.