Price Analysis

XVG Rides the Bulls; XVG Exhibits a Heavy Recovery

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  • Verge (XVG) indicates towards a prosperous day.
  • The price recovery in the currency takes the coin to $0.0043.

Verge (XVG) is suffering from the bearish pressure for a long time. A few days ago, Verge came under market pressure and dropped tremendously. The traders were worried to see the price cascading with such high speed. The currency also felt a loss in the market cap.

Well, it looks like the hard time has passed, and the intraday profit would help attract more and more traders. The market cap is currently standing at $69,311,327.

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XVG/ USD Price Chart:

The chart is taken from Trading View on 15th September 2019 at 06:32:16 UTC for price analysis.

XVG Price chart

Yesterday, the coin started with a moderate movement in the price chart. Verge took a slight drop from $0.0043 to $0.0042 by 2.94%. The same was recovered later by 3.50% escalation as XVG was back at $0.0043. There was another drop of 3.21%, which took the price again to $0.0042. However, the day closed with an intraday progression of 2.41% at $0.0043. Today, the coin took a major jump and touched $0.0044 from $0.0042 by 5.15%.

Verge Price Prediction and Conclusion:

Verge (XVG) price has taken a nice turn on the price chart. The traders might expect a result-oriented day from Verge. The currency is dealing at >9000% ROI. The 24hr volume marked by XVG is at $996,488. The circulating supply is noted as 15,938,351,989 XVG.

The above-mentioned data is indicating that the future of the currency is bright. Thus, investing in the coin wouldn’t go futile. The year is anticipated to close Verge around $0.0070. In the coming years, there is a strong possibility for Verge (XVG) to deal at $0.01.

Verge is a volatile coin, and the best-suited investment plan for it should be of the short term period. The long term investment plan might involve risk with the same. We also recommend diverging the investment to cut short the risk.

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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