Price Analysis

Verge Price Analysis: Still, The Picture Is Same For XVG With No Positive Updates

The crypto sphere has no change till now so. Obviously, the conditions of the altcoin like XVG is getting terrible. In spite of having potentials, XVG cannot rise up as the supportive market conditions are not prevailing, which can give it a push. On the other hand, the condition of BTC is getting highly erratic and turbulent so, it may happen that in the upcoming days, XVG can trade even lower than its present value.

Current statistics of Verge:

  • Price in USD: 0.00680737 USD
  • Price in BTC: 0.00000059 BTC
  • Circulating supply: 15,815,624,389 XVG
  • Market Cap: 107,893,172 USD

Verge Price analysis and future price predictions:

Verge Price Prediction
Verge Price Chart by TradingView

On the basis of the 1-day chart, it is seen that XVG’s price trend is highly inclined towards falling under downtrend. Previously also, XVG had faced a lot of difficulties in keeping its value up in this volatile market due to which it is still devoid of good support levels. As a result, it is easily falling under the bearish zone. Yesterday only, it had traded at a value of 0.007736 USD, but today, it had fallen to a value as low as 0.006494 USD. So, the shift in the prices within just one day has been great enough. Moreover, from the trend of XVG price, it is highly evident that it has much probability to reign under the bearish zone in the upcoming days. Within 1 day only, the value of XVG had fallen by 11.68%. Considering these facts, we think that in the upcoming days, the value of XVG can be around $0.007.

Conclusion:

XVG is trading lower at present, and it is probably going to trade in the downtrend in the upcoming days as well. Till the market condition improves, nothing better is expected to XVG. Therefore, investment on XVG as of now can be a complete futile idea.

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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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