Verge (XVG) Price Analysis: Consistent Bearish Movement

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Arushi Dubey
Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

Verge has been gaining popularity among people and its ecosystem has also shown more than 80% increase. Almost around 250+ investors are now accepting the XVG as a mode of remittance. Also, the team of the verge is also looking for increasing the project and try to add new ventures with them.

Current Status of Verge: Currently, the currency is trading at the value of $0.004556 and its values is increasing by 4.05%. The market capitalization of the Verge is at the value of $72,579,219 and the 24-hour volume of the currency is $2,023,613. The circulating supply of the Verge is 15,929,083,909 XVG.


XVG Analysis and Prediction: Yesterday the value of Verge was under great bearish pressure and it was trading at the value of $0.004369 at 16:04 UTC. The market capitalization of the currency was $69,585,084 and the 24-hour volume is $1,029,203. It was opened with the value of $0.004414 and the closing value of the verge was $0.004424, it’s just 0.23% upward movement.

On the 14th of August, the currency was trading at the value of $0.00485548 and after the period of 25 days, the altcoin value is decreased by 9.43%. The previous week XVG also experience the loss of 5.44% and it dropped the value of $0.00465543 on 3rd September. The value is flat since the previous week and moving along with under the baseline. The most probable resistance of the coin is $0.004589 and the main support level is $0.004286. Today the currency is doing better and we need to how much it can keep up with bulls.

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