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Verge Shows Bearish Trend; Key Support Level at \$0.0036

Written byKelvin Maore
Edited by Niharika Deshpande
December 17, 2019
in Cryptocurrency News
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Verge price has been deeply affected by the top players of the market. Today, Bitcoin has broken the freeze at $7,000 and dropped to $6,900. Ethereum and Ripple are also on a similar path. XVG coin is spotted falling from the beginning of the day. The same is speculated to stay with the coin for a while.

XVG Price Prediction

Currently, the Verge coin is indicating a heavy fall in the price. The currency started dealing at $0.0044 yesterday. The XVG price dropped to $0.0043 by 3.64% fall. The coin price improved immediately and jumped to $0.0045 by 4.97%. The uptrend couldn’t stay for long, and the price was spotted slipping to $0.00429 by 5.22% fall. XVG price improved once again and touched $0.0045 by 5.80%. The same was followed with a tremendous fall in the price of 13.60% as the counters moved from $0.0045 to $0.0039. The closing hour took the price of Verge cryptocurrency to $0.0040 by 3.50% hike.

The intraday movement in the coin reflected a 9.39% plunge in the price. Today, the coin began the day with a tight lock around $0.0040. The price started falling the later hours and slipped to $0.0039 from $0.0040 by 3.49%. Later, the XVG price touched $0.0038 and then $0.0037 by 3.66% and 3.90% fall, respectively.

Verge News

The market cap of Verge coin is at 62,471,126 USD. The coin has already breached the immediate support level at $0.00387. In some hours, the coin might violate the next support level at $0.00368. Based on Verge prediction, the interested traders in XVG coin are recommended to opt for short-term investment.

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Kelvin Maore

Kelvin Maore

Kelvin Maore is a crypto market analyst at NameCoinNews with nearly five years of experience tracking digital asset markets. He covers price movements, market structure, altcoin developments, and macro signals affecting the broader crypto ecosystem, from Bitcoin analysis to emerging DeFi protocols. Kelvin is known for translating complex on-chain data and market dynamics into clear, reader-focused reporting. His coverage spans leading crypto assets with a consistent focus on making blockchain technology accessible to both new entrants and experienced investors.

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