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Price Analysis

Verge Price Analysis: Verge (XVG) Drops By 13% In The Past 24 Hours

It seems that Satoshi does not want to stop appreciating the platform of VERGE. They tweeted again describing the privacy factor of Verge using many anonymity- centric networks. Satoshi is Australia’s one of the largest crypto payment gateways which feel secure introducing Verge on their platform.

Let’s see if it is affecting the valuation of the Verge or not.

Price Analysis of Verge Coin on 24th June 2019:

Verge is trading at $0.00922740 at 10:22 UTC as on 24th June 2019. The other essentials calculated are as follows:

  • Return of Investment: more than 9000%
  • Total supply/Circulating Supply: 15,783,775,949 XVG/ 15,783,775,949 XVG
  • Market Cap Value: 148,607,425 USD
  • 24 Hour Volume: 5,098,988 USD
  • 7 Day high/low: 0.010726 USD / 0.008581 USD
  • Market Ranking: 64

Verge to USD Price Comparison:

Verge Price Chart - 24 June
Verge Price Chart

If we try to analyze the month of June till date, the lowest of the month was seen on 9th June with a trading value of $0.008321; the current price has been hiked by 10.8% from then.

On the other hand, yesterday, was a “woahing” day for the traders as the value reached the highest of the month until now, with a trading value of $0.01065 which is now dropped by 13.3%. This sudden drop might be a concern for the traders presently.

Verge Price Prediction and Conclusion:

After a sudden fall from yesterday’s price peak of the month until now, Verge seems to be in a bearish trend as of now. Potential investors are eyeing to add Verge in their portfolio soon.

Till then, the resistance level and support level is calculated between $0.00939 and $0.00834 respectively. Let’s hope that the Verge can hop to highest value again for better profits and visibility in the market.

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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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