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Price Analysis

Verge Price Analysis: Verge Showing Trends Of Bearish Nature

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The haters are going to hate, but the followers will keep following. With a drop in the market ranking, the haters of Verge were tweeting the disregards, but one thing they have bygone is the reliability and security of Verge platform. Verge is not like any other currency which is affected by the small dips in the market. It waits for its correct time to show the real captivity of the platform.

Let’s see what price statistics as of today have to reveal on this.

XVG Price Analysis on 25th June 2019

Verge (XVG to USD) is trading at a value of $0.009442 as on 25th June 2019 at 09:57 UTC. The remaining essentials are as follows:

  • Return of Investment: more than 9000%
  • Total supply/Circulating Supply: 15,785,626,499 XVG/ 15,785,626,499 XVG
  • Market Cap Value: 147,422,483 USD
  • 24 Hour Volume: 3,917,337 USD
  • 7 Day high/low: 0.010726 USD / 0.008581 USD
  • Market Ranking: 65

Verge Chart Comparison:Verge price chart - june 25

Since the beginning of June 2019 until the date of penning, the lowest was seen on 4th June with a trading value of $.008331, which is now increased by 13.3% already. The highest on the other hand until now was seen on 23rd June with a trading value of $0.01066, which is now dropped by 11.4% from then. The value now is trading below the baseline but is expected to rise in the coming days.

Verge Prediction and Conclusion

But until it rises back to trade above the downward trend; it exhibits a strong bearish nature. It seems to be a pleasant time for the initial and potential traders to invest in verge coin at considerably low prices. The calculated resistance level and support are of $0.00969 and $0.00883 respectively. For the long-term traders, will have to wait for the value to rise back in order to hop into a bullish trend.

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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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