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Verge (XVG) Price Analysis: XVG Bulls Outperformed Major Crypto’s

  • A week ago the news came out that Verge will be supported and used on the Ellipal hard wallet 2.0 and also on the Ellipal Titan.
  • The Cryptocurrency market is showing a slight sign of recovery, with some of Altcoins started surging and Verge is one of the top gainers.
  • Support for XVG/USD pair found at $0.0016, and $0.0025.
  • Resistance for XVG/USD pair found at $0.0046, and $0.0058.

The cryptocurrency market is not showing any favor to altcoins, some currencies are doing good and some are going through bad times in the market. The leading cryptocurrency bitcoin is still under bearish pressure, however, Ethereum and Ripple are doing well today. On the other hand, one cryptocurrency in the market which outshined beating many other major currencies, which is the Verge.

In the 24-hours bull-run, the currency has increased by 12.50% and left behind other major currencies in the market. It is the clear winner in the bull-run of the 24-hour market. The currency’s recent bull-run has made its presence in the market noticeable among traders and investors. The currency has recovered it’s the previous glory in the market in the bull-run.

Current Price Status of Verge (XVG): Currently, Verge is trading at the value of $0.003881 and the value of the currency is increasing by 2.77%. The market capitalization of the currency is $62,029,629 and the 24-hour volume of the currency is $3,920,004. The circulating supply is 15,982,868,119 XVG.

Yesterday, the currency was trading at the value of $0.003 and it was ranking at the position of 71. The market capitalization for the currency was $60,306,562 and the 24-hour volume was $4,595,792. The circulating supply of the currency was 15,981,292,049. The currency has an all-time high value of $0.3 and it achieved this value by the end of 2017.

Price Analysis and Prediction: A week ago the news came out that Verge will be supported and used on the Ellipal hard wallet 2.0 and also on the Ellipal Titan. This might have encouraged the bullish rally in the market and now the currency is moving towards the target of $0.005. The experts also think that the currency will soon reach there. The experts also commented that the currency could easily achieve the nearest resistance of $0.004 and there is strong resistance at the value of $0.0042. However, this resistance could also trigger a bearish correction.

About 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.

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