Price Analysis

Verge (XVG) Price Analysis: The Roadmap Of Verge Is Promising Enough To Consider Long Term Investment

eToro

The roadmap of this year of XVG is really very promising. It has already released its Core Wallet 4.0 Stage 2 version. The current roadmap of XVG is aimed to address the current issues of its community. It also includes mobile wallets and RSK contracts. If looked at the XVG price charts, it can be seen that it has a neutral short-term bias against BTC. The XVG/BTC pair is technically bearish for a medium-term basis. With the announcement of Lumos V5.0 update, the investors have grown enthusiastic and since then, XVG is getting upraised. The update aims to increase the security of this privacy-based platform along with dignification of the current functions.

Current status:

  • Current price: 0.010830 USD
  • Current market cap: 173,577,108 USD
  • Market rank: 50
  • Circulating supply: 16,027,968,574 XVG

Price analysis and future price predictions:

Verge

eToro Crypto

The above chart shows that at present XVG is getting traded at 0.010681 USD or 0.00000135 BTC (UTC time 08:19). Its current 24h volume is worth of 5,700,209 USD. The same chart shows that approx. 1 month earlier, XVG had a trading value of 0.007270 USD with a market cap of 115,709,212 USD. So, within this duration, the value of XVG spiked up by 46.91% with 0.009559 USD as a good support resistance.

On the basis of the above price predictions and current updates, we assume that XVG can be around 0.10 USD by the end of this year.

Conclusion:

XVG is expected to increase its number of users with its new update and thus, its value can rise up higher towards the end of this year.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

Related Articles

Back to top button