Price Analysis

Verge Price Exhibits Upsurge in the Intraday Chart

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  • Verge (XVG) price surges despite market pressure.
  • The movement in price impresses the intraday traders.

Verge price is indicating a slight movement towards the immediate resistance level. The market is giving mixed reactions as some coins are drenched in blood and others are reflecting green color. The movement in Verge has been quite impressive over the past week.

The currency started the week at $0.0031, and now it is at $0.0037. The movement in the price is indicating uptrend which could invite heavy recovery in the future. For now, let’s have a look at the intraday chart and understand its momentum for the rest of the day.

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XVG to USD Price Comparison:

Verge Price
XVG Chart By TradingView

Yesterday, Verge price started at $0.00388. The currency fell to $0.00371 by 4.46%. Further, the XVG price picked up and touched $0.0039. The coin couldn’t hold itself at the level and fell to $0.0037 again. This time the regression was 5.05%. Verge tried to jump again and climbed to $0.0038 by marking a progression of 4.89%. The coin closed the day at $0.0037 after many pickups and drops. Today, XVG started the day at $0.0037 and escalated to $0.0039 by 5.17%. The current price of XVG is marked as $0.0037.

Verge Price Prediction:

Verge price movement is quite astonishing for the traders. The price has the potential to recover voluptuously. We are positive about the future of the coin that would bring good results. The resistance and support level chart is indicating that Verge would keep the coin tight around the immediate resistance level.

Resistance Level Price Support Level Price
R1 $0.003846 S1 $0.003645
R2 $0.003959 S2 $0.003557
R3 $0.004047 S3 $0.003444

Verge is usually recommended for short term traders as the movement in the coin is fluctuating. The long-term investment is considered risky for verge. Hence it is not suggested.

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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