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Verge Sticks to the Bullish Vibe; Gained 3.01% Overnight

Written byMaxwell Mutuma
Edited by Niharika Deshpande
January 28, 2020
in Cryptocurrency News
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XVG coin has been able to continue with an upward momentum that it has managed to fetch on Sunday. Over the last 24 hours, it has been soared by 3.01%, and the price has now rested at $0.003730.

XVG Faces Correction After Hitting $0.003818

Verge coin started yesterday dealing at $0.003621, and in the next 12 hours and 50 minutes, the currency got its first variation that added 3.77% value to the XVG price. At 12:50 UTC, the coin price was at $0.003758. After this hike, the coin marked another hike of 4.41% that happened between 14:43 & 19:10 UTC. In these four and half hours, Verge crypto went on adding 4.41% and touched the highest point of the day at $0.003818. From 19:10 UTC, it started weakening. By 01:10 UTC today, XVG price has shrunk by 2.34% to find its value at $0.003729.

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On the market cap front, also, Verge cryptocurrency has marked a moderate hike. Today, the market cap is reached at $60,231,766.

XVG’s current price at $0.00373091 is lagging behind its 20 days MA ($0.003749) and 50 days MA ($0.00375) by almost 0.5% each. It hints that the coin may trade downwards and may reach its next support around $0.003628. Investors may witness price correction in the coming days. As per Verge coin prediction, we predict it to maintain an uptrend for the short-term before correcting its value.

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Maxwell Mutuma

Maxwell Mutuma

Maxwell Mutuma is a crypto journalist at NameCoinNews, with over five years of experience in digital media and Web3 reporting. Since turning his focus to crypto in 2020, he has covered articles around blockchain infrastructure, DeFi protocols, exchange developments, and the broader decentralization movement. Maxwell's work is driven by a long-held conviction that decentralised technology represents a genuinely transformative force. He brings that perspective to his coverage of on-chain developments, regulatory shifts, and the global adoption of Bitcoin and digital assets.

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