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Verge (XVG) Exhibits Dramatic Walk During Intraday Movement

byMaxwell Mutuma
December 11, 2019
in Cryptocurrency News

From the last two days, Verge cryptocurrency is reflecting a bearish trend. The coin is also indicating a dramatic move of around $0.0040. The recent fall has created huge pressure on the currency. The XVG coin was spotted dealing at $0.0050 on December 08 with a market cap of $80,526,121. Today, the coin is dealing with a market cap of $65,944,069. There is a substantial loss noted in the coin.

Verge (XVG) Faces 13.55% Intraday Drop

Verge Price Chart

Yesterday, Verge started dealing at $0.00477. The price reflected a slight escalation at the beginning of the day to $0.00483 by 1.29% but later dropped to $0.00470 again. Further, the Verge price slipped to $0.00426 by a huge fall of 8.75%. Then, the XVG price escalated to $0.00440 by 3.36% in the later hours. The price remained intact at the same level. It fell to $0.004112 from $0.004425 by 7.04%. There was a slight improvement noted in the coin that brought Verge price to $0.004360 by 6.04%. The price slipped to $0.004029 by 7.55%. XVG coin exhibited a moderate price surge and reached $0.042 and then falling to $0.0040, then again touching $0.0042 and finally closing at $0.00412. The intraday movement in currency brought a 13.55% drop in the price of the Verge coin.

XVG price is currently dealing at $0.004175. The price seems to be tilted towards the immediate support level at $0.0038. There is also a slight possibility of a trend reversal in the near-term. The traders interested in Verge are recommended to opt for the short-term investment. The same would give the traders their desired outcome. Get more information about its future prices, just go and checkout XVG Predictions by our experts.

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Maxwell Mutuma

Maxwell Mutuma

Maxwell especially enjoys penning pieces about blockchain and cryptocurrency. He started his venture into blogging in 2020, later focusing on the world of cryptocurrencies. His life's work is to introduce the concept of decentralization to people worldwide.

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