Verge Price Analysis: Verge (XVG) Facing The Downtrend From A Few Days Now

Mark, Business Development – Verge Currency XVG Core Team, is seen to post videos on his social media page showing the transactions that he has realized in different stores like Staples. Well, it seems that it is surely going to increase the visibility in the market as he himself is seen out there making transactions.

Such a marketing strategy might help the Verge users to gain better loyalty in the currency along with credibility. Let’s see what Verge valuation has to offer to the users today.

Price Analysis of Verge on 2nd July 2019:

At 09:18 UTC, the value of Verge is trading at $0.007553 on 2nd July 2019. The remaining essentials are as follows:

Verge Price Chart - 2 July
Verge Price Chart
  • Return on Investment: more than 9000%
  • 24 Hour Volume: 2,519,461 USD
  • Market Cap: 118,835,895 USD
  • Total supply/Circulating Supply: 15,798,678,899 XVG/ 15,798,678,899 XVG
  • 7 Day high/low: 0.009641 USD / 0.007445 USD

Verge Price Comparison:

After the highest trading valuation on 23rd June with $0.01056, it dropped in a few days by 27.81% by 28th June with a trading value of $0.00763. However, the value saw some upsurging by 30th June when the trading value was seen at $0.008676, which was an increase of 13.72% from 28th June.

The value after 30th June is dropped now by 12.94% from then.

Verge Price Prediction and Conclusion:

Verge is strongly supporting the bearish trend! For new traders, this might be an ideal time for them to ‘buy’ new Verge currency, and for the existing traders, they might want to increase the quantity in their basket.

The resistance and support level are calculated between $0.00862 and $0.00730, respectively. Selling your Verge currency might devalue your investment in the near future, so it is best advised that you might want to hold on to the same till Verge get back to the selling zone soon.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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