Verge(xvg)market reviews and price predictions
Verge market statement for 2023-01-25
Yesterday the price of xvg stood at $0.003. The market capitalization of the asset was $48 589 483. Verge’s volatility was established at 1.43%. The trading volume of the coin reached $2 335 548.
Verge prognosis for the next days:
We estimate the price of Verge to be $0.003 tomorrow 2023-01-27 and $0.003 on 2023-02-02;
We estimate the market capitalization of Verge to reach $47 050 154 tomorrow 2023-01-27 and $47 902 149 on 2023-01-29;
We estimate the volatility of Verge to become 1.92% tomorrow 2023-01-27 and 1.49% on 2023-01-29;
We estimate the trading volume of Verge to amount to $951 578 tomorrow 2023-01-27 and $1 245 692 on 2023-01-29.
Our recommendation for the pair XVG/USD for tomorrow, 2023-01-27, to sell.
Reservedly bullish : the price of Verge grew by 6% in the period of January 19 - January 25.
Verge has been bullish last week as its price has been predominantly rising. XVG was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Reservedly bullish : the price of Verge grew by 7% in the period of January 18 - January 24.
The bullish behavior of Verge last week was characterized by the occurrence of upswings. The price swings of XVG pointed to the presence of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of increased trading volume.
Verge sees limited 2% gains between January 17 and January 23 as the market cools down.
Between January 17 - January 23, Verge has been mostly bullish as its price has been in the rising mode. The volatility associated with the XVG market was low, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Last week’s (January 6 - January 12) irresolute Verge : the price moved up no more than 4%.
The analysis of last week’s price action shows that the Verge market is in the bullish phase since the price has been moving upward. The volatility associated with the XVG market was low, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
Bearish response: The Verge price melts by 3% between December 28 and January 3.
The downward movement of the Verge price last week indicates the chosen market is. The volatility associated with the XVG market was low, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
Verge slid down by 2% last week (December 27 - January 2) as the sellers pushed back.
The downward movement of the Verge price last week indicates the chosen market is. XVG was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Down by 3% : The Verge market saw some bearish action last week (December 26 - January 1).
The behavior of Verge last week was characterized by the occurrence of downswings. XVG has been going through a period of low volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Slightly bearish : traders witnessed Verge moving down 2% from December 25 till December 31.
The behavior of Verge last week was characterized by the occurrence of downswings. The volatility of XVG has been low throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
The bullish pressure subsides between December 21 and December 27 as Verge gains only 2%.
The price of Verge was rising last from December 21 until December 27, giving enough reason to conclude that the market is bullish. The situation on the XVG market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bullish pressure subsides between December 20 and December 26 as Verge gains only 5%.
The upward movement of the Verge price last week indicates the chosen market is bullish. The volatility associated with the XVG market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.