Recent update on Verge Core 0.3.5.8 has been released. This aims at resolving the compilation that was causing a lot of security issues for the users in OpenSSL.
— 𝕞𝕒𝕣𝕡𝕞𝕖.0x585647 (@marpme_) September 29, 2019
Verge Price Analysis:
Considering the movement of Verge in the past 5 days, the price of XVG was initially seen trading at $0.003132 at 08:45 UTC as on September 25, 2019. Later, the value escalated by 10.17% on the next day at 13:00 UTC with the trading value of $0.003451 which was the highest peak in the last 5 days. However, the major concern was witnessed when the value dropped drastically by 13.74% on the same day at 16:25 UTC, which led Verge to trade at the lowest of $0.002775.
The trading value from then increased by 15.54% on September 28 around 10:25 UTC, trading at $0.003437. Today, the trading value of Verge again dropped by 13.52%, to the lowest the said time frame.
Based on the last 30 days price trend, the value of XVG is trading with a bearish outlook at present. This can be a considerate time for traders to invest in XVG for future returns. The fluctuations in the short-term prognosis can help the intraday traders to fetch returns if they hit the trade decisions extremely wisely. On the other hand, the long-term investment is going to be a result-giving duration as per the coin’s trading history until now.
The calculated resistance and support levels are as follows:
R1: $0.00329, R2: $0.003396, R3: $0.003495
S1: $0.003085, S2: $0.00986, S3: $0.00288