Verge Price Analysis: Will the Current Trend Be in XVG’s Favor?

Verge is a cryptocurrency on the blockchain network known for its privacy and security features had been at the receiving end of the bear momentum since the beginning of July. The prices are getting better now as the bulls are trying to get back into the market. The price of the Verge is fluctuating in the range of $0.0047 – $0.0056.

Current Statistics of Verge:

As on August 26, 2019, at 4:46:50 UTC, current statistics are as follows:

  • Verge price is trading at $0.00526373
  • The Market Cap is around $84,918,533
  • 24-hour volume is at $2,043,659
  • ROI is > 9000 %
  • Circulating supply is at 15,900,932,919 XVG

XVG to USD Price Comparison:

Verge Price Prediction
Verge Price Chart by TradingView

The XVG price chart indicates a lot of downward variations till Aug 24, and then, the price is trading above the baseline, which is good news for investors. From a high of $0.005336 on Aug 21, XVG price had a steep fall to $0.004752 on Aug 22 to the extent of 11.24%. Then, the price of Verge slowly picked up and started showing an upside movement when it reached $0.00555751 on Aug 24 to the tune of 17.16%. On the same day, Verge price fell to $0.004983 to the extent of 10.42%. It again picked up on Aug 25 when it went up to $0.00566918 to the extent of 13.76%. Today the price of XVG coin has slightly lowered to $0.00526373 which is lower by 7%.

Verge Price Prediction & Conclusion:

Verge has a bad time from the end of June, and the price of XVG coin had been continually on the downslide. The past few days have, however, given some reason to smile for the Verge community as the prices are trying to move in the upward range. As per historical data and analysis, Verge price will trade with upward movement by the year-end. Traders should continue to hold on to their current holdings from a long-term perspective. Short-term traders can wait for some time for the market to stabilize further and then start investing.

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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