According to coinmarketcap data, there are 1476 coins/tokens involve in the crypto market. almost 90% coin/token is fake. they don't have any value or real purpose. only around 150-200 coin/tokens are good for investors. But blockchain is a revolutionary technology. So when you would like to invest money in crypto market definitely you need to do some research. I will post my analysis on which one has value. Verge is one of them. I am looking now next impulsive move.
Pretty sure its gonna follow BTC first. Its a bull trap right now and will need correction before these kinds of profits. My thoughts.
No-trading
⋅
@RoyalOakFI, Yes its follow BTC. But it's not a bull trap & correction already over.
RoyalOakFI
⋅
@pksharma, There is no breakout from the downtrend channel on BTC. Do you have any support on it being bullish? 14k is not enough for a new trend
No-trading
⋅
@RoyalOakFI, Definitely 14k not enough for a new trend. that's why I am taking about 30k target
bhattimm
⋅
to me it looks more like a 3-3-5 (A-B-C) correction rather than just 3-3-3 correction. what we are seeing now is pullback from 3-4 and it still needs to correct for 5. Let me know your thoughts.
mindblock
⋅
Nope, not going to happen.Downtrend
Timothie_Roggers
⋅
been holding since 50 sats (more or less). seen so many of these charts this month. please let this one be true!