VERGE (XVG) Price Analysis: Verge Future Price In Growth Mode

Must Read

ChainLink (LINK) Price Analysis: Chainlink Coin Price Shows Sustainability On $2.00  

Chainlink is on significant bullish momentum in today’s market with the overall gain of 2.32% in the market. ...

Proof of Attendance Protocol (POAP) Open Standard for Dapp

POAP is looking for funding/grants and is one of the top funded projects on Gitecoin. Gitcoin is largely a...

RealT Marked Over $1M Of Total Value Tokenized On Ethereum

A U.S. based leading real estate platform RealT, backed by Ethereum has recently done with its sale over...
Capture1
Vasu Singhal
Vasu Singhal is a management student and a stock market trader. He believes that investment avenues and opportunities are very diversified. Therefore, he has an interest in blockchain technology too. He likes to evaluate best investments available in the financial market with showcasing the required skills.
  • The altcoin has finally turned green after facing pricing corrections for a while now. 
  • With the bullish momentum, it is expected to cross the major mark of $0.0040. 
  • Currently, it having a gain of 1% in the crypto market which is nominal but impactful in terms of commencement for a bullish start.
    Advertisement


verge price
Source: Coinmarketcap

As the graph reflects, Verge was facing downtrend movement for a while in the crypto market. After making a failed attempt to cross another major mark of $0.0060, it was stopped by the major resistance level of $0.0058. The critical resistance area resulted in major pricing correction for the altcoin as it went down to the level of $0.0035.

But it acted as a support level for the crypto assets and pushed the current price to the level of $0.0039. It is again about to broke mark of $0.0040 which can be crucial to sustaining this positive start.

The market capitalization is $63,172,380 with the 24H volume traded of $1,989,536 for the altcoin.

The technical graph reflects on the bullish momentum built by VERGE with the help of the parabolic curve which is followed by major pricing corrections.

Source: Tradingview.com

The technical indicators and oscillators also support XVG bulls majorly. RSI has shown signs of recovery by reaching a positive region and is around at the level of 40. CCI also made recovery from the oversold territory and currently sustaining in the normal region. MACD levels, however, shows that the bears still have existence for the altcoin.

Resistance Level: $0.0050 and $0.0058

Support Level: $0.0040 and $0.0034

Hot News

ChainLink (LINK) Price Analysis: Chainlink Coin Price Shows Sustainability On $2.00  

Chainlink is on significant bullish momentum in today’s market with the overall gain of 2.32% in the market. It is planning to surpass...

Proof of Attendance Protocol (POAP) Open Standard for Dapp

POAP is looking for funding/grants and is one of the top funded projects on Gitecoin. Gitcoin is largely a decentralized application that's constructed on Ethereum’s...

RealT Marked Over $1M Of Total Value Tokenized On Ethereum

A U.S. based leading real estate platform RealT, backed by Ethereum has recently done with its sale over the $1 Million marks. Roughly,...

Ripple Released The “Traditional” 1 billion XRP From Its Escrow Service

Ripple made a realistic announcement of penetrating coins into its market. The third most popular coin is releasing the “traditional” 1 billion XRP...

VeChain (VET) Price Analysis: Vechain Current Price Breaks $0.0030 Levels Indicating Further Downfall

VeChain has broken the crucial price level of $0.0030 The VET/BTC pair is also facing a significant downtrend of -1.56% with the level...

Cryptocurrencies Price Analysis: ICON, ETC, XTZ, NEO, EOS

The crypto market is on a negative downtrend today. However, the magnitude of downfall is not that much which can lead to major...

Partners

Proof of Attendance Protocol (POAP) Open Standard for Dapp

POAP is looking for funding/grants and is one of the top funded projects on Gitecoin. Gitcoin is largely a decentralized application that's constructed on Ethereum’s...

RealT Marked Over $1M Of Total Value Tokenized On Ethereum

A U.S. based leading real estate platform RealT, backed by Ethereum has recently done with its sale over the $1 Million marks. Roughly,...

Ripple Released The “Traditional” 1 billion XRP From Its Escrow Service

Ripple made a realistic announcement of penetrating coins into its market. The third most popular coin is releasing the “traditional” 1 billion XRP...

VeChain (VET) Price Analysis: Vechain Current Price Breaks $0.0030 Levels Indicating Further Downfall

VeChain has broken the crucial price level of $0.0030 The VET/BTC pair is also facing a significant downtrend of -1.56% with the level...

RELATED NEWS

ChainLink (LINK) Price Analysis: Chainlink Coin Price Shows Sustainability...

Chainlink is on significant bullish momentum in today’s market with the overall gain...

Proof of Attendance Protocol (POAP) Open Standard for Dapp

POAP is looking for funding/grants and is one of the top funded projects...

RealT Marked Over $1M Of Total Value Tokenized On...

A U.S. based leading real estate platform RealT, backed by Ethereum has recently...