XVG coin registered uptrend yesterday, and the same is anticipated to continue today. The opening hours have been quite dramatic. The traders are eagerly waiting for an upsurge to embark. The top guns of the market are spotted improving.
The growth in the cryptocurrencies in two consecutive days has spiked hope among the investors. The substantial improvement in the coin is speculated to take place in some time.
Verge Price Analysis:
Yesterday, the XVG coin started dealing at $0.00359. Later, the currency escalated to $0.00367 from $0.00352 by 4.25%. Towards the end of the first half of the day, the price slipped to $0.00347 by 5.57%. The currency recovered in the later hour and escalated to $0.00369 by 6.31%. The coin couldn’t hold for long and fell to $0.00358 by 3.13%. The closing hour brought the final escalation and took the Verge price to $0.00369 by 3.24%. The intraday movement in the price reflected a 2.78% progression. Today, the coin price is escalated to $0.00372. The price dropped to $0.00363 by 2.57%. Further, the Verge coin recovered again and moved to $0.00373 from $0.00366 by 2.07%.
Verge is currently dealing above the immediate resistance level at $0.00373. However, if the currency reverses the movement, then the coin would find immediate support at $0.00359. According to XVG price prediction, the coin is recommended for short-term investment. The same would bring a considerable return to the traders.
| Resistance Level | Price |
| R1 | $0.003717 |
| R2 | $0.003772 |
| R3 | $0.003844 |
| Support Level | Price |
| S1 | $0.00359 |
| S2 | $0.003518 |
| S3 | $0.003463 |