Price Analysis

Verge (XVG) Price Analysis: Good Days Are Ahead Of Verge As It’s New Partnership Is Bringing So Many Users For It

With XVG’s partnership with Pornhub, it created an immense stir in the crypto community. The reason why Pornhub choose XVG is that it is a privacy-based coin, and in an adult website, privacy is the main concern of the users. After this partnership, Pornhub received more than 1000 subscribers who are using Verge on their platform. Moreover, XVG has got strong buy support. It has been ranked in the “A” category- it is attractive with 767 points as of 7th May 2019. The most significant fact that contributed to its great value is its developers’ activity consisting of 778 points, coupled with user activity and market maturity of 780 and 641 points respectively.

Current status:

  • Current price: 0.010894 USD
  • Market cap: 174,566,669 USD
  • Market rank: 47
  • Circulating supply: 16,024,022,012 XVG

Price analysis and future price predictions:

Verge

The above chart shows that at present, XVG is getting traded at 0.011031 USD or 0.00000139 BTC (UTC time 06:17). Its current 24h volume is worth of 9,547,613 USD. The same chart shows that approx. a month earlier, XVG had a trading value of 0.009170 USD. So, within this one month, the value of XVG has been spiked up by 20.29% with 0.010994 USD as a good support resistance level.

Accordingly, based on the above discussions, we think that XVG can trade around 0.10 USD by the end of this year.

Conclusion:

Verge is amazing crypto with lots of potentials. Currently, it is not able to reach its expected height due to the market condition, but, once the condition improves, it will definitely spike up.

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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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