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Verge (XVG) Exhibits Uptrend; Price Floats Above $0.0038

byMaxwell Mutuma
January 15, 2020
in Cryptocurrency News

Verge price movement is exhibiting a tight hold of around $0.0038. The cryptocurrencies’ movement is quite impressive. XVG coin could be seen benefiting from the same situation and the coin is anticipated to go beyond $0.0040. The currency is anticipated to have a great future. The ongoing quarter would help Verge coin in improving its position in the market.

Verge Shows Volatility Around $0.00360

XVG/USD price chart

Yesterday, XVG coin began dealing at $0.00350, with a movement being bearish. The price slipped to $0.00345 by 1.64% drop. Then, the Verge price improved and touched $0.00390 by a steep hike of 13.87%. There was a slight drop marked to $0.00380 by 3.05%. The coin again improved and the price touched $0.00399 by 5.09%. Later, the Verge coin price slipped to $0.00360 by 9.97%. The coin closed the day at $0.00360 with an overall intraday progression of 2.73%.

Today, the XVG coin reflects a dramatic move. The currency started trading from $0.00360 and reached to $0.00389 by 8.28% hike. The currency slipped to $0.00361 by 7.39%. The price improved to $0.00388 by 7.44%. The price dropped to $0.00360 by 6.88% and jumped to $0.00387 and returned to $0.00360 again.

Verge has already breached the immediate resistance level at $0.00354. According to the Verge Prediction, the coin is likely to violate the next resistance level shortly. Thus, the coin is recommended for long-term investors as per its past data and performance.

 

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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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