Verge has taken up the downtrend and slipping down tremendously. The market is also seen the same trend from the past couple of days. A few days back, the market cap was noted as $27 billion, and today the counter stands at $25 billion. XVG coin is vastly affected by the trend. The coin has dropped by 5% today.
If we look at the counters, Verge touched a high at $0.004399 and a low at $0.004048. The volume marked on the chart was at $1,503,002.
Verge Price Analysis:
Yesterday, the coin started at $0.00441727. XVG price dropped to $0.00419536 by 5.10%. The price kept dropping the entire day. Up next fall was of 5.60%. Verge price changed from $0.004243 to $0.004009. Towards the day end, the price touched $0.003961 from $0.0042038 by 5.79%. The day closed at $0.0040 with an intraday loss of 7.99%. Today, Verge opened with a slight recovery. The escalation was of 5.25%. Verge price changed from $0.003981 to $0.004190.
Verge is found losing its momentum from the past couple of weeks. The fall kept the price at a lower level and now it is positioned at 71st position in the market. The traders are disappointed by the price movement. If we look at the statistics, the market cap stands today at 64,183,050 USD. The 24hr volume is at 2,182,497 USD. The circulating supply is at 15,955,131,769 XVG. The ROI is marked as >9000%.
In the coming days, there is a possibility of improvement. The traders interested in Verge should wait for a visible uptrend. The coin seems to be best suited for short-term traders. We are anticipating that Verge could hover around $0.0056 by the end of the year. We would also suggest the traders diverge the investment to deteriorate the risk.