Price Analysis

Verge (XVG) Exhibits Astounding Uptrend Amidst Volatile Market

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  • Verge price upsurge rallies by 35%
  • The sudden uptrend astounds the intraday traders

The crypto market has been trading with high volatility for a long time. The traders in the market are waiting for the upsurge to embark soon and lift the volatility. Due to the ongoing fluctuation, the big forces like Bitcoin, Ethereum, Ripple traders are badly affected.

Well, Verge has a strike-through its name from the list of the loss bearers in the crypto market. The current escalation in the price is quite a surprise as the entire market is battling to jump, but XVG coin has already escalated by 35%.

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Verge Price Prediction

Yesterday, Verge opened at $0.00385. The price slipped slightly and touched $0.003732 in the later hours. The price started improving from the beginning of the second half. The price counters changed from $0.003696 to $0.004674 by 26.37%. The coin fell in closing hours and touched $0.004569. The intraday movement of the XVG coin reflected a progression of 18.40%. Today, the currency started dealing at $0.004569. The price slipped to $0.004276 by 6.50% in the next few hours. Further, the Verge price recovered and touched $0.004950 and later $0.005301 by 15.68% and 7.10%, respectively. The XVG coin has marked 13.55% profit from the opening hours.

Verge Price
XVG Chart By TradingView

Verge price is currently dealing at $0.005182. As per the given resistance and support levels, the coin has crossed the immediate resistance level at $0.0050 and moving ahead towards the next resistance level at $0.0054. If the coin reverses its move, then the immediate support would be provided around $0.0040. The traders who are interested in investing in the XVG coin are recommended to pick short-term investment.

Resistance Level Price Support Level Price
R1 $0.005012 S1 $0.00401
R2 $0.005401 S2 $0.003397
R3 $0.006014 S3 $0.003008

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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