Verge’s Intraday Price Movement Exhibits Heavy Plunge
Verge (XVG) started the month with an improvement. The said trend lasted for about a week and then after the coin price started falling. The market pressure has taken over the coin completely as the XVG price has touched 7-day low at $0.0035 today.
The possibility of improvement in the Verge price seems postponed. The traders have to wait for some more time before registering for profit. Read more and get more information about Verge predictions, live price and news updates by experts.
Verge Price Analysis:
Yesterday, Verge started dealing at $0.004292. The coin kept trading at the same level for some time and later dropped. The fall was huge, as it reflected a 13.99% loss. The price counters moved from $0.004220 to $0.003629.
The XVG price improved in the later hours and went up to $0.00405 from $0.00369 by 9.44%. The day closed at $0.004039. The intraday movement registered a 5.90% loss.
Today, Verge opened with a moderate movement. Later, the price dropped to $0.003837 from $0.004050 by 5.22%.
The currency improved in the later hours and touched $0.00408 by 6.38%. Recently, Verge marked a tremendous fall of 13.23% as the counters touched $0.0035.
The current market trend has affected the XVG coin a lot. The current price of Verge is at $0.003691. The coin has already violated the immediate support level at $0.003727.
The currency is ideally recommended for short-term traders. however, the current market condition is not suitable for investment; hence, we would suggest the investors stay put for some time and wait for improvement.