Price Analysis

Verge (XVG) Records 8.21% Hike Since Yesterday

  • Verge price violates the crucial resistance level at $0.00384
  • The intraday traders to book colossal benefits

Verge price has been trading in a lower range for quite a long time. The last 7-days were the toughest of them all. The coin was trapped amid the heavy fluctuation, and thus, the XVG price was spotted falling. The price started improving from yesterday.

As per yesterday’s statistics, the coin touched a high at $0.003755 and a low at $0.003619. The volume marked in Verge during yesterday’s trading was $1,217,989.

Verge Price Prediction

Yesterday, the coin started dealing at $0.003569. The XVG price remained tight, around $0.00356 for some time. The price slipped to $0.003543 in the later hours. The coin escalated to $0.003740 by 5.58%. The coin kept dealing around $0.003794 for the rest of the day and closed at the same. The intraday movement of the price reflected an upsurge in the coin by 6.25%. Today, Verge started with a moderate movement. Recently, the coin surged to $0.003874 from $0.003666 by 5.69%.

Verge Price
XVG Chart By TradingView

Verge is seen with an uptrend. The price is currently dealing at $0.003862. The price has crossed the immediate resistance level at $0.003795 and the next resistance level at $0.003843. There is a strong possibility that the Verge would breach the major resistance level at $0.003931.

Resistance LevelPrice
R1$0.003795
R2$0.003843
R3$0.003931
Support LevelPrice
S1$0.003659
S2$0.003571
S3$0.003523

Verge is speculated to give a positive result in the future. The long-term investment in Verge is likely to be risky. Hence, we would suggest picking short-term investment for a colossal profit.

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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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