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Tag: VGX

  • Voyager (VGX) Coin Gained 28% this week – Where to Now?

    Voyager (VGX) Coin Gained 28% this week – Where to Now?

    According to coinmarketcap, the total supply of VGX is around 278M tokens and the circulating supply is around 278M VGX. VGX holds the 92nd rank according to market cap.

    At the time of writing VGX is being traded at the price of $4.95 with a decrease of almost 5.36% in the last 24 hours. VGX is a really strong token fundamentally. The maximum and minimum today are $5.76 and $4.68 respectively. The daily trading volume has decreased by almost 36.76%. VGX had created its all-time high and reached a price of almost $6 last week. But the price of VGX dropped to $3.62 in the same week but soon printed a green bullish candle.

    Technical Analysis – Voyager (VGX)

    The chart of Voyager (VGX) as seen on a 1-hour time frame shows a very beautiful movement. The price broke the structure and broke upwards and created an order block in the process. It can be seen that soon after that, the price came back to mitigate that level from where another attempt to create a higher high was created which failed. This brought the price of VGX and constricted it to a triangle.

    The point to notice is the clear fake-out, done by the price. The price eventually came back down after grabbing the liquidity. Keeping in mind this movement and how the price still has the momentum (it seems that the bulls are in control at the moment) so we can expect it to drop down to grab the liquidity and do a fake-out. A possible level to which it can drop is the clear level of order block from where it can bounce back.

    Voyager (VGX) - 1H

    If the price drops down, it can be a really good entry point depending upon lower time confirmations. We can expect the price to move up as soon we see bullish momentum from the price. If the price of VGX goes up again we can wait for a possible retest to take a position in the market.

    Long Term Investment – Voyager

    According to the wallet investor, it is a very good investment. In a one-year plan, VGX is expected to reach a price of  $6.653. In a five-year plan, it is expected to reach a value of $15.468 which is almost two times what it is being currently being traded at. It is one of the most popular coins in the cryptomarket.

  • Top 5 Losers over 1-Week – (Pundi X, Harmony, Kusmaa, Celer Network, Voyager Token)

    Top 5 Losers over 1-Week – (Pundi X, Harmony, Kusmaa, Celer Network, Voyager Token)

    While the cryptocurrency market has been in a prolonged bull run, the market is as brutal as they come. Despite the major bullish momentum, the market has not been kind to some cryptocurrencies as we take a look into the losers of the week.

    Pundi X (NPXS) is the worst performing cryptocurrency of the weke with a price level of $0.0060 and a daily trading volume of $95,546,625 which went down by 60%. Pundi X is going through a token redenomination where the old Pundi X (NPXS) is swapped for the new Pundi X token (PUNDIX). 1000 NPXS tokens can be swapped for 1 PUNDIX. The redenomination will continue till 29 March 2022.

    Harmony (ONE) has fallen from a top performer coin to a worst performing one. After being on an upward trend for a while and establishing its all-time high at $0.21, the cryptocurrency has been undertaken by the market corrections. Harmony stands at a price level of $0.0027 with a daily trading volume of $180,860,61. The Harmony platform is designed to facilitate the creation of decentralized apps.

    Kusmaa (KSM), too, has fallen from grace as the bears griped the cryptocurrency. After trading at a new all-time high of $482, the cryptocurrency now stands at $447. The market has turned bearish for Kusama as the price has embarked on a descent. However, it is unclear at the moment whether the corrections are minor or Kusama is going to crash. Kusama is pretty similar in its working to Polkadot as it, too, focuses on block chain interoperability and scalability.

    Celer Network (CELR) is trading at a price of $0.073 and the price appears to be falling in the daily time frame. The coin fell from an all-time high of $0.095. Celer Network is now on a downtrend and the weekly performance has deteriorated by 7%. The project is a scaling platform for building applications based on the block chain.

    The final loser of the week is Voyager Token (VGX). The cryptocurrency has been on a downward trend since February and unlike many major coins, it was not able to establish a new all-time high in the bull run as well. The token is priced at $4.10 which went down by 7% in the past 24 hours while the daily trading volume of $12,182,143 decreased by 10%.