ntaylor360

XVG - Bye the hype, sell the news!

BINANCE:XVGBTC   None
Verge (XVG) just made their "huge" announcement (with PornHub). I'm expecting this to be a classic example of buy the hype and sell the news with a retracement to at least the .786 Fib retracement line.

In addition many people have not yet heard about the 51% attack news that out on April 5th. The development and leadership team is incredibly incompetent and this will eventually be factored into the price of XVG but has probably been overshadowed by all they hype building up to this announcement. I've posted a link with details to the 51% attack for reference.

www.reddit.com/r/Cry...t_attack_megathread/


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.