Price Analysis

Verge (XVG) Surprises the Market with a Whopping 17.83% Push

  • Verge has taken a huge decisive step towards recovery and made an increment of 17.83% over the last 24 hours
  • The next resistance for XVG coin is likely to fall at $0.0047 in the coming few days

Verge has managed a tremendous hike over the last 24 hours. The three price variations have helped the Verge to scale as high as 17.83%. The swings are in the range between 0.00394 USD and 0.0047 USD.

Verge Price Prediction

XVG coin opened the day at 0.00394868 USD, and over the next 4 hours and 41 minutes, it gained 9.94% to reach 0.00434122 USD. The next variation happened between 05:29 & 20:05 UTC, and this variation of 14.24% added 0.00058 USD to the value and pushed the Verge price to 0.00467033 USD. The next few hours saw a marginal decline in the price of XVG coin, and at 21:30 UTC, Verge cryptocurrency started showing signs of strength again, and towards the closing of the day, it managed to increase by 11.05% and got placed at 0.00473341 USD by 02:44 UTC.

Verge Price
XVG Price Chart By TradingView

Verge currency has shown a massive increment in the market cap as well. Its market cap on December 05 was 71.149 million USD, and it has been increased to 74.373 million USD as of today.

XVG’s 20 days MA stands at 0.00462112 USD, and it’s 50 days MA is now at 0.00463133 USD. The current Verge price at 0.00465295 USD is 0.46% and 0.68% more than the 50 days & 20 days moving averages, respectively. The current placement of both the averages hints at an upcoming upside momentum.

Verge (XVG)Resistance and Support Levels
1st Resistance$0.004703
2nd Resistance$0.004984
3rd Resistance$0.005374
1st Support$0.004032
2nd Support$0.003642
3rd Support$0.003361
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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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