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Verge (XVG) Price Reflects Freeze Around $0.0039

byMaxwell Mutuma
March 6, 2020
in Cryptocurrency News
  • Verge price movement remains moderate over the last 24 hours
  • The traders might have to bear losses with the coin

Verge price movement has always exhibited haste, and its last couple of days have been moderate as the coin was spotted hovering around $0.0038. The same is observed in the current market scenario. XVG coin’s market cap is currently dealing at $63,915,069. The 24-hour volume is at $1,223,852. Yesterday, the currency was at a high of $0.004000 and a low of $0.003800.

Today, the price is spotted improving; thus, the coin could breach yesterday’s high in the impending hours. And as per the recent price movements of the currency, Verge coin may offer a considerable return to short-term traders.

Verge Price Eyes $0.004 Breakout

Verge (XVG) Price News
XVG/USD Chart By TradingView

Verge coin price was at $0.00385 during 00:00 UTC on March 05, 2020. The price of the coin exhibited escalation, and in the next three hours, the price was spotted around $0.00393 with 2.23% upsurge. The XVG coin hovered around the same level till 07:44 UTC and further followed by an escalation. The currency was at $0.00399 during 10:00 UTC. Then, it locked itself at the same level and with few spikes at $0.00401 till 22:32 UTC. The closing hour of the day brought the price of Verge cryptocurrency to $0.00389. The day-long movement in the coin reflected a 1.14% progression.

Today, Verge started with an escalation, and within the first two hours, the price was at $0.00399. The currency dribbled to $0.00380 by 4.91% and returned to $0.00399. The coin is hovering around the same level and is currently at $0.00391. As per the MACD indicator, the movement is reflecting fluctuation along with the bearish divergence.

The current price of XVG coin seems near the immediate resistance level at $0.00400 and might violate the same in the coming hours. The next resistance level at $0.00410 could be breached by the end of the day as the movement of the coin seems improving. You can explore the updated Verge XVG Price Prediction to get more knowledge about the future market of the coin.

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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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