Price Analysis

Verge (XVG) Reflects Moderate Loss During the Intraday Trading

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Verge price was anticipated to improve but looks like, and it has crushed under the market pressure. In the last 30 days, XVG coin was seen touching a high at $0.004048 and a low at $0.003016.

Yesterday, it started dealing at $0.003872. The price fell to $0.003740 by 3.42%. Further, the Verge price recovered and went up to $0.003892 by 4.06%. The escalation kept intact and jumped up to $0.00402 from $0.00380 by 6.01%. Towards the closing hours, the price started dropping and closed the day at $0.003846. The overall intraday loss in the XVG coin is noted as 0.69%. Today, the currency started the day with a slight uptrend and went up to $0.003975. Recently, Verge reflected a heavy fall and went down to $0.003757 from $0.003975 by 5.49% drop.

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Verge Price
XVG Chart By TradingView

Verge Price Prediction

From the past one week, the XVG price has been locked around $0.0037. Today also it looks quite similar. The currency is expected to break the current freeze and surge to an astounding level in the future. As per the current market scenario, Verge has already breached the immediate support level at $0.00377.

Resistance Level Price Support Level Price
R1 $0.003998 S1 $0.00377
R2 $0.004103 S2 $0.003647
R3 $0.004226 S3 $0.003542

XVG coin is recommended for short-term traders. The long-term investment might be chancy; hence, we wouldn’t vote for the same.

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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