Vertcoin is about to complete leg one of a nice three Elliot waves towards $12.
Based on the Elliot theory, wave three is the largest, longest, strongest. Therefore, once we break above $1 the race is on and massive pumps are expected to take place.
I see VTC pumping very hard, similar to ETC, Nano, Doge... these old coins are getting much needed love lately and VTC will get on the menu of big market makers soon.
The next leg up can take us up to $6 before we can correct slightly to finalize the structure with a beautiful $12 target which is also the top resistance of this MASSIVE wedge formed since Vertcoin inception.
The indicators are also curving up nicely on daily, being very bullish and one weekly here we're also doing the same with the RSI curving up and MACD moving averages expanding again... BULLISH.
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Price prediction of 8000 dollar in 2017 now can be possible
Sirius767
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Only 1 million investment=price 100 dollar and more, more investments, btc in the past and its dependence gone, invester gets at least 10x profit. With current price of btc no chance for 10x profit. Same principle as bitcoin(limited supply 84 mln, 60 mln already in use), more advanced technology, 4. 5 times faster, much cheaper, huge space for growing. 1 man = 1 big investment = new story
tomkrijnen
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let's hope it doesn't get hit back to it's consolidation channel today though.