Price Analysis

Verge Price Analysis: XVG Price On the Edge of Bullish Market

eToro

MetaCert, Blockchain based enterprise security, recently tweeted on their page for the users that they will be able to pay for the software using XVG. In fact, they are offering some special discounts to the Verge users. As a matter of fact, MetaCert is using Verge as the only altcoin on their platform as the mode of payment.

This might increase the number of users of the Verge soon enough.

Statistics from Verge Price Chart: 

Verge Price Chart - 17 June

At 5:23 UTC, the price of the Verge is trading at $0.009382. The remaining essentials are as follows:

Return of Investment More than 9000%
Market Ranking 56
Circulating Supply 15,770,538,859 XVG
Total Supply 15,770,538,859 XVG
Market Cap 148,978,762 USD
24 Hour Volume 3,577,162 USD

XVG to USD Price Comparison:

From past few days, there was a lot of fluctuations that were trading above and below the baseline. However, the value now is surging upward, which might cross the highest of the month soon enough. In the past 5 days, the lowest trading value was seen on 14th June at $0.008463. The value now, however, has increased by 10.9% since then.

Speaking of the highest, it was realized at the value $0.009559. The value now is pretty close to the same. The drop is calculated that of only 1.7%.

Verge Price Prediction and Conclusion:

You will be delighted to know that as of now, the value is surging towards an upward direction. However, it is still a little far from a bullish trend. From past 2 days, the value was surging a little bit upwards with somewhat volatility, so as of now the market is trying to get out of the bearish zone.

Traders might want to bid under the resistance and support levels between $0.00988 and $0.00814 respectively. The market is trying to come out of the bearish trend, so it might be the right time to bid on ‘buy’ side.

For now, one can say that Verge might trade at $0.015 – $0.02 by the end of 2019. But only time will tell the actual trend.

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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