Price Analysis

Verge Price Analysis: Verge Continues to trade below the baseline with a few peeps

eToro

If you recently checked the news on social media, it was tweeted by Trading View that Verge might be able to increase by 3000%. This analogy was made according to Digital Ontology. Well, not sure if such a hike will be possible, but if it does, XVG might become the most popular privacy based currency in the world of digital assets.

Till then, let’s see what price analysis of Verge has to depict today.

Price Analysis of Verge on 6th July 2019

Verge is currently trading at $0.00754 at 06:54 UTC as on 6th July 2019. The other essentials are as follows:

verge

  • Return on Investment: More than 9000%
  • Market Ranking: 75
  • 24 Hour Volume: 1,503,672 USD
  • Market Cap Value: 118,588,119 USD
  • Total supply/ Circulating Supply: 15,806,163,589 XVG/ 15,806,163,589 XVG
  • 7 Day high/ low: 0.008680 USD/ 0.007210 USD

Comparison

In the past few days, the highest was escalating just before the clock was ticking 4th July at $0.007908 at 23:10 UTC time on 3rd July. The value then saw a drop by 9.23% when the coin was trading at $0.007177 on 5th July at 20:25 UTC time.  The value now has increased by 7.99% from then and it seems that it will most likely escalate further.

Prediction and Conclusion

As observed from the 5-day chart above, Verge is trading in the bearish zone to a greater extent since yesterday. However, sticking in the bearish zone for a long time becomes a concern for the investors. But, Verge is quite known for its long-term returns because of the privacy based platform, we all are hoping that Verge will soon shift at least above the pivot zone.

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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