Price Analysis

Verge Price Analysis: Expectations Go Haywire As Verge (XVG) Plunges Again

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In the recent event of African Blockchain Conference, the community of Verge has been inviting many people to the booth in order to grab decal of Verge. They also invited users to get information on the partners of Verge and also to win some exciting tokens or prices.

Verge, since trading in the bearish zone, needs some visibility. And probably, the event might help them with good escalations in the prices for the coming days.

Price Analysis of Verge on 5th July 2019:

Verge is currently trading at $0.007302 at 09:11 UTC as on 5th July 2019. The other essential factors are as follows:

Verge Price Chart - 5 July
Verge Price Chart
  • Return on Investment: More than 9000%
  • Market Ranking: 72
  • 24 Hour Volume: 1,795,487 USD
  • Market Cap Value: 116,124,493 USD
  • Total supply/ Circulating Supply: 15,804,456,849 XVG/ 15,804,456,849 XVG
  • 7 Day high/ low: 0.008680 USD/ 0.007210 USD

Verge Price Comparison:

Verge was seen trading with the bearish price $0.00720681 yesterday around 9:47 UTC. However, a ray of hope raised when it exhibited a bullish trend and traded as high as $0.00780997 at 18:56 UTC. The value manifested a growth of 8.42%. This was when the investors would have expected to have a persistent price. But the expectations went faulty, and the trend started declining. The positive price today was seen at 05:13 UTC, which was dropped by 2.71% from the highest of yesterday.

The current value is 4% less than the latter highest of the coin.

Verge Price Prediction and Conclusion:

The major part of the trend shows a bearish outlook, and so is the current trading value in the same zone. However, Verge is known as a good long-term investment considering the layers from the start of the year; it is expected to rise soon. It is a good time to go long with the investments in Verge and build the portfolio for better returns in the future.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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