Thursday, March 1, 2018

Verge Price Update 28/02/2018: A Breakout Point Approaches

Verge has been one of the most popular names in the world of cryptocurrencies, especially from late 2017. The currency was already gaining popularity when John McAfee began to tweet about it. The prices soon skyrocketed and the currency had a lot of hype heading into 2018. However, a few weeks into the year and the markets crashed, resulting in Verge prices collapsing as well.

Currently ranked 28 on the list of cryptocurrencies, Verge is a major name in the cryptocurrency markets. The currency has a market cap of $891 Million at the time of this writing.

(XVG) Verge Price Over The Past 24 Hours 

Over the past 24 hours, Verge has been gaining some momentum as the price jumped by 1.10%. The currency started the day at $0.060, dipped to a low of $0.058 and then again rose to a high of $0.064 before closing the day at $0.061. There have been some fluctuations, but overall Verge has appeared to be quite positive.

(XVG) Verge Price Over The Past 7 Days 

Over the past seven days, the price of Verge has gone through a number of ups and downs. Verge began the week at $0.068 and reached a high of $0.072 over the week before collapsing to a low of $0.056. However – it has since regained quite a bit and is currently trading at $0.061 – a number which is expected to rise over the next few days.

(XVG) Verge Price Expectations
Expected movement of Verge price | Image: Tradingview
As inferred from the Tradingview graph above, Verge is on its way to hit a breakout point, where it will cross the line of resistance and find a new support. As of this writing, it appears that the breakout point would approach in another day or two. Following this, the $0.060 mark will be the new line of support and the new line of resistance would form at $0.072 mark.


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