Price Analysis

Verge (XVG) Marks a Slight Recovery Amidst Volatility

Verge price is seen battling with the bearish trend today. The crypto market is under huge pressure. The same is causing chaos in the market. The top cryptocurrencies like Bitcoin have dropped below $8,200. The possibility of improvement in the XVG coin is slightly low. However, the currency has started price recovery.

Verge Price Prediction

Yesterday, the XVG coin started dealing at $0.004594. The price dropped to $0.0044069 by 4.11%. Later, the Verge price recovered and touched $0.004584 again. The progression was marked as 4.5%. Later, the price slipped to $0.0043 again. The loss marked was 4.58%. Further, the XVG coin price slipped again and touched $0.004207 from $0.004562 by 7.84%. Later, the price slipped to $0.0040109 by 8.4%. There was a slight recovery that took the price of XVG coin to $0.004268 again. The intraday movement in the price registered 11.14% loss. Today, Verge has started the day at $0.004082. The price escalated to $0.004245 from $0.004089 by 3.74% hike.

Verge (XVG)
XVG Chart By TradingView

Verge is dealing with a slight hope of improvement. The price seems to be slowly moving towards the immediate resistance level at $0.0044. However, as per the current trend, the XVG coin may trade in a similar range for some time. The currency is recommended for short-term traders, as it may help to gain a considerable return.

Resistance Level Price Support Level Price
R1$0.004486S1$0.004054
R2$0.004767S2$0.003903
R3$0.004918S3$0.003622
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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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