Verge (XVG) Price Is Again heading In Bearish Zone

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The market condition has not still significantly improved, but one happy news is that BTC has started taking a turn towards the bullish range so, it may happen that Verge coin can start taking a positive upturn. Till now, it is completely submerged in the bearish zone. Even in the past also, it failed to withstand its bullish ranges for a longer period. But it is also a fact that in spite of sustaining in this intense, volatile market, XVG is making good efforts to raise its value.

Current Statistics of Verge (XVG):

  • Price in USD: 0.0075 USD
  • Price in BTC: 0.00000060 BTC (UTC time 07:21)
  • Circulating supply: 15,811,862,699 XVG
  • Market cap: 119,590,622 USD

Verge Price Prediction

Verge price chart - july 9
Verge Price Chart

From the 1-day Verge chart, it is evident enough to understand that it has been trying hard to retain its bullish trend in this volatile market, but it can hardly avoid the intermediate bearish range. Rather, the bearish range is much more impactful than the bullish range, and as seen from the current scenario, XVG coin is declining sharply which indicates that in the upcoming few hours, it is going to lose its value to a significant level.

Moreover, as it is repeatedly failing to hold on to its bullish ranges so, it is devoid of effective support levels. On 8th July, XVG (XVG to USD) had a peak point of 0.0079 USD, but today only, it deterred to as low as 0.0073 USD. So, within just one day, the Verge price deterred to as low as 5.06%.

Conclusion

In the concluding note, it can be said that as the market condition is still the same with no significant changes so, it is better not to make any investment decision on Verge coin as of now. Verge price is expected to fall even more so, and it will further lose its value and is definitely unfit to invest in as of now.

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