Verge (XVG) Price Analysis: Will Verge (XVG) Regain The Bullish Trend After Rotterdam Event?

  • Verge team is all pumped for the 2nd meet up on May 25th at Rotterdam
  • Verge (XVG) looks bullish, prices to go up by the end of May

Verge (XVG) has always been seen engaging the crypto enthusiasts either through strategic partnerships or by conducting events bringing together like-minded people under one roof. Founded in 2014 under the name DogeCoinDark, the USP of Verge lies in its high-end security features enabling transactions in full anonymous mode. Although the coin has slipped 6 positions in the last 3 weeks, it is all set to revive again as per the current analysis.

Current Statistics:

Verge Price Chart

  • Verge (XVG) is ranked at the 57th position in the top 100 cryptocurrencies list globally
  • The ROI of the coin stands at >9000%
  • The circulating supply is the same as the total supply and stands at 16,004,671,754 XVG currently
  • The market cap is recorded at 103,186,311 USD as on May 10, 2019, at 10:04:02 UTC
  • The price of Verge (XVG) is trading at 0.0064 USD & 0.00000103 BTC
  • The 24 h volume has been 3,377,578 USD

Comparison:

The highest value of the VeChain coin was recorded at 0.010 USD in the last 30 days, and the lowest dropped to 0.006 USD in the same time period. Since then, a downward trend of about -39% is seen with the price of the coin falling between the range of 0.0076 USD & 0.0062 USD in the last 7 days. As on April 8, 2019, at 19:34:01 UTC, the market cap of the coin was USD 167,403,575, the price of Verge was USD 0.0105 & 0.00000204 BTC, and 24 h volume was 25,235,262 USD.  The first resistance level of the Verge will be at 0.0066 USD in the next 3 weeks.

Verge Price Prediction until 2020:

Since the beginning of 2019, Verge has maintained quite a steady trend in its valuation. The price shot up to USD 0.010 in the April market boom. The all-time high of the coin was achieved on December 23, 2017, at USD 0.30. The team of professionals is going above and beyond to increase XVG’s adoption and create awareness across the world. At present, Verge is focusing its energies on the 2nd meetup event at Rotterdam on May 25, 2019, and promoting it vigorously on its social media pages. The price of the coin can be expected to reach as high as USD 0.1 by the end of 2019 and can cross USD 10 in the next 2 years.

Conclusion:

It is advisable to buy Verge coin now in smaller chunks and observe the price movement for larger investments.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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