Technical Analysis

Verge (XVG) Records Almost 4% Hike Over the Last 24 Hours

Verge (XVG) price has had a sluggish start to the year, with its price being below the baseline. However, there is some reason to cheer for the XVG community as the past few days show the price of XVG coin moving mostly in the upper range. The price has been hovering in the range between $0.0044 – $0.00476.

XVG Price Prediction

Verge coin managed to outsmart the bears from the past few days. If we look at the price movement of the past 24 hours, the price started below the baseline at $0.004464 at 02:08 UTC. The price of the XVG coin shot up to $0.004762 at 08:23 UTC, showing an upward price momentum of 6.69%. After this hike, the price of XVG fell to $0.004554 by 4.35% price drop. Then, the currency started trading upwards and reached a high of $0.004744 by 4.16% at 17:03 UTC. Later, Verge cryptocurrency managed to trade in a similar range till now. The price has corrected downwards marginally today and reached $0.004642.Analysts are having a positive opinion about the future performance of the coin and expect the coin to get out of this short-term bearish trend during the year. Current investors should invest from a long-term perspective. Day traders should tread cautiously in this current crypto market volatility.

Olivia Moton

Olivia Moton is a financial analyst and loves dealing with numeric values and charts. She helps our team to deal with various forex price analysis articles. In her free time, she enjoys solving puzzles.

Recent Posts

Dollar Steadies After Highest One-Day Fall Since May

The dollar finally steadies up after going on a five-day dip on Tuesday. The currency…

4 years ago

How to Invest in the Forex Market 2021

For many people investing in the forex market is exotic but a risky endeavor. The…

5 years ago

Forex Vs Stocks: Complete Overview

Those who are new to the trading world may think, “Forex Vs Stocks: Which is…

5 years ago

What is the meaning of Bitcoin wallet?

Bitcoin being a digital currency, does not exist in physical form and cannot be stored…

5 years ago

Choosing Right Forex Partner: Things You Should Know

It is really surprising to see the high level of competition in the retail forex…

5 years ago

Looking for a Safe Crypto Trading Platform? Log on to InvestXE

InvestXE Overview InvestXE is an emerging crypto trading platform that offers traders access to more…

5 years ago