Price Analysis

Verge Price Analysis: Verge (XVG) is showing quite strong bearish trend!

eToro

Justin Ven Detta, Lead Software Developer and Founder of Verge Community will be coming live on The Larry and Joe Show on Friday at 7:30 EST time. There will be a discussion about the partnership of Verge and XcelTrip on the same. There are many users who are already signing up for the show.

Verge will acquire better visibility and confidence in the audience through this show.

Price Analysis of Verge Coin on 19th June 2019:

At 9:56 UTC, the value of Verge is trading at $0.00898133. Other important factors in the statistics are as follows:

Return of Investment More than 9000%
Market Ranking 62
Circulating Supply 15,776,424,119 XVG
Total Supply 15,776,424,119 XVG
Market Cap 141,628,289 USD
24 Hour Volume 2,403,424 USD

XVG to USD Price Comparison:

Verge Price Chart - 20 June
Verge Price Chart

Verge’s market seems to have lost its momentum at present. The value is still bending to the bearish zone, which is below the baseline. In the past 30 days, the value today has reached very close the lowest touch down of $0.00833 on 4th June. The value right now is 7.8% more from than the lowest of the said time frame. But considering the highest from past 30 days, it was realized on 25th May with value trading at $0.01186. The value now has dropped by 24.27%, which is surely a number to think about!

Verge Price Prediction and Conclusion:

Verge is showing the attributions of a bearish trend for a few days to come, which means potential investors might want to consider buying Verge right now. This might include a number of traders in the trading portfolio, which will also build pressure on the network of the Verge to entice their investments.

For now, the resistance level and the support level can be considered between $0.00955 and $0.00883, respectively. In order to bid on the selling side, investors might have to wait for some more time to let the current bearish trend improve and fetch results accordingly.

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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