Verge Price Prediction Today: Daily (XVG) Value Forecast – July 31

  • On the upside, if the bulls break the 12-day EMA and the 26-day EMA, the crypto's price will rise and retest the $0.01100 overhead resistance.
  • On the other hand, if the bulls fail to break the EMAs, the coin will continue its range bound move below the EMAs.

XVG/USD Medium-term Trend: Ranging

  • Resistance Levels: $0.00800, $0.00900, $0.060
  • Support levels: $0.00600, $0.00500, $0.00400

Yesterday, July 30, the price of the Verge was in a range bound move below the 12-day EMA and the 26-day EMA. On  May 16, the XVG coin reached a high of $0.0110 price level but was resisted. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone.

On July 16, the downward trend was corrected at the $0.005390 price level. On July 17, the bulls made an upward move to break above the EMAs but were resisted. The price of the Verge has continued to range below the EMAs. On the upside, if the bulls break the 12-day EMA and the 26-day EMA, the crypto's price will rise and retest the $0.01100 overhead resistance.

On the other hand, if the bulls fail to break the EMAs, the coin will continue its range bound move below the EMAs.  Meanwhile, the market is still in a range between the levels of $0.00800 and $0.0100. The Coin has reached the oversold region of the daily stochastic but above 40% range. This indicates that price is in a bullish momentum and a buy signal.

XVG/USD Short-term Trend: Ranging

On the 1-hour chart, the XVG price is in a sideways trend. The 12-day EMA and the 26-day EMA are sloping in a sideways trend. The crypto’s price is fluctuating below and above the 12-day EMA and the 26-day EMA indicating that price is in a sideways trend.

Meanwhile, the price of the verge has reached the overbought region of the daily stochastic but above 60% range. This indicates that price is in a bullish momentum and a buy signal.

Live Verge (XVG) Price:

1 XVG/USD =$0.0063 change ~ 1.75%

Coin Market Cap

$102.19 Million

24 Hour Volume

$2.75 Million

24 Hour VWAP

$0

24 Hour Change

$0.0001

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,469FansLike
2,795FollowersFollow
4,234FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

DeFi App Aave Creates First Credit Delegation Loan to DeversiFi Decentralized Exchange

DeFi lending platform, Aave completes its first-ever ‘credit delegation’ as DeversiFi borrows over $230,000 without posting collateral. The service agreement was signed on...

Bitcoin Futures Trading at a High Premium; Already Hitting $12,000 on CME

Bitcoin has yet again gained momentum, with people expecting for $12k to hit soon. According to analyst Mati Greenspan, for a sustainable rally, a...

Polkadot (DOT) Launches The First Parachain Implementation Testnet, Rococo

Polkadot introduces parachain functionality with Rococo testnet, a Proof of Authority (PoA) network, allowing users to send direct messages to the Relay Chain and...

Bitcoin Self-Custody Provider Casa Now Allows Users to Buy BTC via Apple Pay

Bitcoin self custody service provider, Casa now allows its customers to buy and hold their own bitcoin. Selling BTC is not supported yet. According...

Four Top Chinese State-Owned Banks Are Testing The Chinese Digital Yuan Project (DCEP)

In an unconfirmed report, four Chinese state-owned banks are gradually testing the ‘digital renminbi’ wallet app and Digital Currency/Electronic Payment (DCEP) system in different...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today