Price Analysis

Verge Price Analysis: Verge’s Consistency Will Reward with new price points if the bullish trend continues

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  • Verge (XVG) has grown by 42% in the last 30 days.
  • The 2019 target should be 1 USD.

Verge (XVG) is one of the coins in the present times which are dominantly aiming at the privacy of their users. Verge (XVG) also has performed with a good pace over the last five months. It has faced a few instances of sudden fall. The over-all growth pattern is commendable and this has managed to attract a number of users to this coin. The 167 million USD worth of market cap is also growing and it soon will reach 200 million USD mark. But the latest growth story is the trend of the last 30 days. Verge (XVG) has managed to grow by 42% in the last 30 days. Investors are increasing and the coin will have a very bullish period, as per our prediction. By the end of 2019, the coin’s price may be around 1 USD mark. Let us look at the current data of the coin to understand the growth pattern.

Verge Current Price Statistics-

XVG Price Chart

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  • Verge (XVG) is ranked at 52nd position in the global market.
  • The ROI (Return on Investment) stands above 9000%.
  • A total of 16,195,727,332 XVG coins are in current circulation.
  • The market cap as on 30th May at 03:09 UTC stands at 167,070,386 USD.
  • The value of each coin stands at 0.01034880 USD and 0.00000120 BTC.
  • The 24h volume stands at 6,135,466 USD.

Verge Price Comparison-

As mentioned earlier, Verge (XVG) has been giving consistent performance since the last five months. The lowest point of the coin was on 06th February at 0.00569133 USD. However, from that point, the coin started to grow. The biggest gain was made before the April boom. In just 14 days, Verge (XVG) managed to grow 62.84%. The market cap on 30th April was 117,764,390 USD and the value of each coin was 0.00782677 USD. The current market cap and the value of each coin are respectively 41.86% and 32.22% more than the last month’s figures.

Verge Price Prediction-

As mentioned earlier, there are good times ahead for XVG. The coin will grow at the same pace. The coin may face resistance around 0.05 USD if it trades in the ultimate bullish zone beyond the current trading price.

Conclusion-

Buying fresh coins is advised looking at the current value. Long-term holding will give at least 10 times the current invested amount. But investors need to be aware of the resistance points and trade accordingly.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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