Price Analysis

Verge Price Analysis: Gloomy Days Ahead as the XVG Price Shows Volatility

Verge is one of the major coins that have been on the priority list of many investors for the last few months. XVG coin has shown four major price swings in the last 24 hours. The medium-term outlook of the coin is bullish, and it may touch as high as 0.01 USD by the end of 2019. Let us look at the current details of the coin now.

Current Statistics of Verge-

Verge price chart - july 22
Verge chart By TradingView
  • ROI (Return on Investment) of Verge coin, stands at more than 9000%.
  • The total coins in circulation stood at 15,835,908,899 XVG.
  • The market cap of Verge on 22nd July at 03:28 UTC stands at 96,709,800 USD.
  • XVG price stands at 0.00616849 USD and 0.00000058 BTC.
  • The 24-hour volume rests at 688,789 USD.

XVG to USD Price Comparison-

Verge faced its first swing of the last 24 hours between 00:43 UTC and 08:01 UTC. This fall of 4.20% cost the coin 0.00026 USD. The next variation was a hike of 3.67% over the next 4 hours and 25 minutes. This added 0.0002 USD to the value of each coin. The third variation was a steep fall of 5.23% over the next 6 hours and 40 minutes from 12:52 UTC. The latest variation was a hike of 4.72% between 19:33 UTC and 00:15 UTC. In this period, the coin has gained 0.00027 USD. These are the four major price swings in the last 24 hours. All of them lie in the range of 3% and 5%.

Verge Price Prediction & Conclusion-

Verge has a bullish medium-term outlook. By the end of 2019, the coin may reach as high as 0.01 USD. The next resistance points of the coin are 0.006243 USD, 0.006379 USD, and 0.006518 USD. The next support levels are 0.005968 USD, 0.005829 USD, and 0.005693 USD.

XVG coin seems to be following the market norms. As most of the major coins are facing resistance to grow, Verge also may take time to bounce back. A long-term holding will be beneficial for the existing holders.

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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