Verge (XVG) was seen booking a heavy loss in yesterday’s market. The crashing market created chaos among traders and they were assuming that the downtrend would stay till the month-end. However, the crypto market changed the complete scenario by today’s opening with an upsurge. The recovery in the coin is indicating that the future would bring a heavy profit.
XVG to USD Price Chart:
The Trading View chart is taken on September 26, 2019, at 11:55:28 UTC for price analysis.
Yesterday, Verge experienced a drop of 5.80% in the opening hours price counter moved from $0.0034 to $0.0032. Later, there was a recovery of 7.76%, which took the price to $0.0033 from $0.0031. The same was pulled back to $0.0031 by 7.38% immediately. Towards the end of the day, XVG recovered with 9.16%, which took the value from $0.0031 to $0.0034. The intraday progression was moderate as it closed at $0.0033. Today, Verge booked a drop of 5.34% during the opening hours as XVG shifted to $0.0031 from $0.033. The same recovered in some time and brought the price back to $0.0033 by 5.74%. The coin is currently dealing at the same level.
Verge (XVG) is dealing at 73rd position; the rank is anticipated to improve in future along with the market cap. The upcoming quarter would bring the price rally in the market. Therefore, we recommend opting for XVG as it would be best suited for short-term traders. The long-run might be risky to deal with Verge.
