Verge Price Technical Analysis: Good Opportunity to Buy

Verge (XVG), the privacy focused cryptocurrency is among the most popular names when it comes to the crypto-world. Verge has been considered to be one of the best currencies by those who want secure, private and anonymous transactions. Especially with their wraith protocol coming into effect, the currency is one the path to becoming one of the biggest names of 2018! Let us take a look at some of the recent price related performances from Verge, as well as what to expect from the currency in the near future.

Over the past 24 hours, Verge's price has moved from $0.0382 to $0.0393 – a rise of 3.32% over the day. The currency's highest point of the day came at the price of $0.040 and the lowest point of the day came at $0.035. However, considering that the previous week was a disaster for Verge (as well as most other cryptocurrencies), the last 24 hours have been good and have shown a positive growth.

Over the past week, Verge has gone through a number of ups and downs. The previous week wasn't a good one for the Verge investors as the currency's prices kept falling, following the general trends of the markets. The week began at $0.0427 – and the prices then collapsed to $0.0345 – the lowest point of the week. Verge closed the week at a price of $0.0393! The currency's market cap too went through fluctuation. Verge began the week with a market cap of $630 Million and closed the week at $581 Million.

XVG Verge Price Analysis (Image: Tradingview)

Considering that the currency went to the extreme lows this week – it appears that bullish investors have the most to make out of this opportunity. With prices at such lows, bulls have entered the markets and this is the right time to purchase Verge as prices are unlikely to fall beyond this point and continue to rise from hereon! A good buy opportunity is here for Verge.

For more (XVG) Verge related updates and news stay tuned to Cryptocrimson or you can also bookmark our page. We’ll also keep adding updates to this article for real-time analysis. 

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Disclaimer: Neither the management nor the authors at CryptoCrimson are responsible for any losses, financial or otherwise, which may occur due to investing based on our articles. These are market predictions – which are not set in stone. The information provided is only for educational purposes and cannot be considered a financial advice. 

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