Verge Price Analysis: Verge (XVG) Trading In The Bearish Zone Right Now!

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Verge is welcoming Naffronti, Eastside traders, to its family as they have started using NetCentsHQ, which is a transaction platform for crypto payments and partners of Verge. They have started accepting the payment in Verge currency from their customers.

Verge is surely working on their marketing schemes these days. And they surely might require the same after the dip yesterday.

Price Analysis of Verge on 28th June 2019:

The value of the Verge is trading at $0.008058 at 09:07 UTC time on 28th June 2019. The other essentials are as follows:

Verge Price Chart - 28 June
Verge Price Chart
  • Return of Investment: more than 9000%
  • Market Ranking: current rank- 70, which was 69 yesterday
  • 24 Hour Volume: 3,834,933 USD, which was 7,703,264 USD yesterday
  • Market Cap Value: 126,424,968 USD
  • Total supply/Circulating Supply: 15,791,261,369 XVG/ 15,791,261,369 XVG
  • 7 Day high/ low: 0.010726 USD/ 0.007620 USD

Verge Price Comparison:

Verge seems to have a plunging price tend these days. In the last 30 days, Verge has surely manifested some ups and downs which might have disturbed the portfolios of the investors these days. The highest of the said time frame was seen on 30th May with $0.010916. The current value has dropped by 26.1% from the same. Within no time, the lowest was seen on 4th June with a trading value of $0.008250, and the current value drops by 2.3% from then. However, the market did the surge in the right direction with a trading value of $0.01056 on 23rd June (the current price is dropped by 23.6% from then). However, it seems that the month will close around the lowest of today, i.e. $0.007646, which is now increased by 5.3% from then.

Verge Price Prediction and Conclusion:

Verge is giving a strong contribution towards the bearish nature, which means it might be a good time for the new traders to jump in the pool. Verge is generally popular for its privacy system, which happens to bring more loyalty from the users.

The calculated resistance level and support level are to be $0.00966 and $0.00671 respectively. Verge might take some time to surge in the upwards direction, which means it might invite many more potential traders. Going short with the Verge investment is not the optimum solution as of now; whereas holding it for some time more may fetch great returns as and when the slowed down momentum breaks.

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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