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Verge (XVG) Exhibits Dramatic Walk During Intraday Movement

From the last two days, Verge cryptocurrency is reflecting a bearish trend. The coin is also indicating a dramatic move of around $0.0040. The recent fall has created huge pressure on the currency. The XVG coin was spotted dealing at $0.0050 on December 08 with a market cap of $80,526,121. Today, the coin is dealing with a market cap of $65,944,069. There is a substantial loss noted in the coin.

Verge Price Prediction

 

Yesterday, Verge started dealing at $0.00477. The price reflected a slight escalation at the beginning of the day to $0.00483 by 1.29% but later dropped to $0.00470 again. Further, the Verge price slipped to $0.00426 by a huge fall of 8.75%. Then, the XVG price escalated to $0.00440 by 3.36% in the later hours. The price remained intact at the same level. It fell to $0.004112 from $0.004425 by 7.04%. There was a slight improvement noted in the coin that brought Verge price to $0.004360 by 6.04%. The price slipped to $0.004029 by 7.55%. XVG coin exhibited a moderate price surge and reached $0.042 and then falling to $0.0040, then again touching $0.0042 and finally closing at $0.00412. The intraday movement in currency brought a 13.55% drop in the price of the Verge coin.

XVG price is currently dealing at $0.004175. The price seems to be tilted towards the immediate support level at $0.0038. There is also a slight possibility of a trend reversal in the near-term. The traders interested in Verge are recommended to opt for the short-term investment. The same would give the traders their desired outcome. Get more information about its future prices, just go and checkout XVG Predictions by our experts.

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.