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Price Analysis

Verge Price Analysis: Verge (XVG) Slips To Bearish Zone After Days Of Bullish Movements

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Verge is winning the hearts of the followers for its significant factor of being a private currency. And that’s why the Return on Investment is quite impressive with the increasing number of traders on the web. Even with the launch of Libra; a new currency, it might not be able to disturb the visibility and loyalty of users towards Verge.

Price Analysis of Verge Coin on 19th June 2019:

At 06:18 UTC time, the value of Verge is trading at $0.00909. The remaining essentials are as follows as per Verge chart:

Return of InvestmentMore than 9000%
Market Ranking60
Circulating Supply15,774,262,589 XVG
Total Supply15,774,262,589 XVG
Market Cap143,256,691 USD
24 Hour Volume2,235,759 USD

XVG to USD Price Comparison:

Verge Price Chart - 19 June
Verge Price Chart

Considering the data from the past 5 days, the value as of now is trading towards the bullish zone. A slight dip is accepted, which is much evident from the current trend along the graph as well. Speaking of the dip within the said time frame, the lowest value was of Verge was on 14th June at $0.008460 and highest on 16th June with $0.009562. The value now has increased by 7.14% from the lowest and dropped by 5.26% from the highest.

Verge Price Prediction and Conclusion:

It is expected that Verge may trade around $0.015 or $0.02 by the end of 2019. Considering the trend of the past 30 days, Verge has been showing a bearish nature. Traders might want to consider the safer bidding under the resistance level and support level of $0.00947 and $.00868 respectively.

For those waiting to have a bullish trend, it’s better to analyze the market for a few days.

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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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