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Verge Sticks to the Bullish Vibe; Gained 3.01% Overnight

XVG coin has been able to continue with an upward momentum that it has managed to fetch on Sunday. Over the last 24 hours, it has been soared by 3.01%, and the price has now rested at $0.003730.

Verge Price Analysis

Verge coin started yesterday dealing at $0.003621, and in the next 12 hours and 50 minutes, the currency got its first variation that added 3.77% value to the XVG price. At 12:50 UTC, the coin price was at $0.003758. After this hike, the coin marked another hike of 4.41% that happened between 14:43 & 19:10 UTC. In these four and half hours, Verge crypto went on adding 4.41% and touched the highest point of the day at $0.003818. From 19:10 UTC, it started weakening. By 01:10 UTC today, XVG price has shrunk by 2.34% to find its value at $0.003729.

On the market cap front, also, Verge cryptocurrency has marked a moderate hike. Today, the market cap is reached at $60,231,766.

XVG’s current price at $0.00373091 is lagging behind its 20 days MA ($0.003749) and 50 days MA ($0.00375) by almost 0.5% each. It hints that the coin may trade downwards and may reach its next support around $0.003628. Investors may witness price correction in the coming days. As per Verge coin prediction, we predict it to maintain an uptrend for the short-term before correcting its value.

Matthew Diaz: Matthew Diaz is a full stack developer working in NameCoinNews on blockchain and cryptocurrency related websites. He has a comprehensive knowledge of exploring different technical tools to analyse market trends of cryptocurrencies. He has over a decade experience of technical analysis and assisting companies to achieve desired solutions. He is avid cyclist and music enthusiasts.