Verge Price Prediction Today: Daily (XVG) Value Forecast – June 21
- The price of the Verge has reached its peak price of $0.01100 twice this year.
- On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.01100 overhead resistance.
XVG/USD Medium-term Trend: Ranging
- Resistance Levels: $0.0092, $0.0094, $0.0096
- Support levels: $0.0090, $0.0088, $0.0086
Yesterday, June 20, the price of the Verge was in a sideways trend. The price of the Verge has reached its peak price of $0.01100 twice this year. On April 8, the bulls tested the overhead resistance and were resisted. The XVG market was on a downward correction to the low of $0.006487. The bears had earlier broken the 12-day EMA and 26-day EMA as the price fell to the bearish trend zone.
On May 16 and 23 the bulls retested the overhead resistance and were resisted. The price fell to a low at $0.008679 and resumed a range bound move below the EMAs. The crypto’s price is below the EMAs which suggest that price may likely fall. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.01100 overhead resistance. On the other hand, if the bulls fail to break above the EMAs, the market will fall to a low at $0.00700 price level
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 horizontally. The crypto’s price is fluctuating below and above the EMAs.
Meanwhile, the price of the verge has reached the oversold region of the daily stochastic but above 20% range. This indicates that price is in a bullish momentum and a buy signal.
Live Verge (XVG) Price:
1 XVG/USD =$0.0496 change ~ -8.61%
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