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Verge (XVG) Exhibits Dramatic Movement on the 1-day chart

byRitu Lavania
December 28, 2019
in Cryptocurrency News

XVG coin registered uptrend yesterday, and the same is anticipated to continue today. The opening hours have been quite dramatic. The traders are eagerly waiting for an upsurge to embark. The top guns of the market are spotted improving.

The growth in the cryptocurrencies in two consecutive days has spiked hope among the investors. The substantial improvement in the coin is speculated to take place in some time.

Verge (XVG) Breaks Resistance at $0.00373

Yesterday, the XVG coin started dealing at $0.00359. Later, the currency escalated to $0.00367 from $0.00352 by 4.25%. Towards the end of the first half of the day, the price slipped to $0.00347 by 5.57%. The currency recovered in the later hour and escalated to $0.00369 by 6.31%. The coin couldn’t hold for long and fell to $0.00358 by 3.13%. The closing hour brought the final escalation and took the Verge price to $0.00369 by 3.24%. The intraday movement in the price reflected a 2.78% progression. Today, the coin price is escalated to $0.00372. The price dropped to $0.00363 by 2.57%. Further, the Verge coin recovered again and moved to $0.00373 from $0.00366 by 2.07%.

Verge News Today

Verge is currently dealing above the immediate resistance level at $0.00373. However, if the currency reverses the movement, then the coin would find immediate support at $0.00359. According to XVG price prediction, the coin is recommended for short-term investment. The same would bring a considerable return to the traders.

Resistance Level Price
R1 $0.003717
R2 $0.003772
R3 $0.003844
Support Level Price
S1 $0.00359
S2 $0.003518
S3 $0.003463
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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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