• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    mining

    Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

    Bitcoin wallet

    BitcoinOfficial.org- Create a Bitcoin Wallet. Official Website.

    Bitcoin price

    What Drives Bitcoin Price?

    Mining

    Railway Authorities in Ukraine Shut Down Unlawful Mining Outfit

    Bitcoin

    Economic Crises Will Not Affect Bitcoin: Ledger Founder

    Supply and Demand

    Bitcoin’s Demand and Supply Dynamics are Constant: Bitwise COO

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in June 2020

    XTZ

    TEZOS (XTZ) Join the Top 10 Crypto Coin List

    MakerDAO

    MakerDAO to Implement New Security Feature After Loophole Detected in System

    BCH

    BCH Successfully Completed a Scheduled Fork, Added Minor Upgrades

    CUSD Stablecoin

    Canadian BVCI Launches Another Stablecoin CUSD

    EOS network

    EOS Network Is Running on Borrowed Resources After EIDOS Airdrop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    How to Make the Right Decision before Investing in Crypto

    How to Make the Right Decision Before Investing in Crypto

    Decentralized Marketplace

    What are Decentralized Marketplaces?

    Cryptocurrency is Here to Stay

    5 Reasons Why Cryptocurrency Is Here to Stay

    Web3 Pets

    Spotlight on Web3 Pets – Will 2023 Be Their Year?

    Crypto Swapping

    A Definitive Guide on Swapping Cryptocurrency

    crypto casino games

    What Are the Most Profitable Crypto Casino Games?

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

XVG Price Prediction 2022: Market Analysis and Opinions

Aggrey A. by Aggrey A.
March 9, 2022
in Crypto 101, Cryptocurrencies

If you thought crypto investors have no rooting interests in private digital currencies, this XVG price prediction might just change your mind. Verge garners considerable retail investor attention, following in the footsteps of other financial fashion breakthroughs before it.

Many investments in XVG crypto have delivered returns that are now finding more winners than losers. The currency is itself a key tenet of the bullish XVG coin price prediction, having put up a strong outperformance against bigger players in the cryptocurrency market. 

XVG Price Prediction | Introduction

At the time of making an XVG coin price prediction, XVG crypto was trading at $0.01014, according to CoinMarketCap. The market cap of the Verge Currency network was valued at $167 million, fully diluted to $168 million. 

Already a growing force, Verge is an oasis of positivity in the digital transaction landscape that’s grown increasingly dependable. Verge has evolved from a niche payment processing solution to a massive financial ecosystem for merchants and individuals. 

After all, the barriers to buying bitcoin have become much higher than before. To capitalize on this, Verge has signaled its intention to expand into innovating and creating sustainable growth over a digital landscape. 

XVG Price Prediction: Technical Analysis

With massive market opinions and great execution, XVG crypto could blossom 10X and still have more room to grow. While XVG crypto has been impressive in recent months, it could just be the beginning. Here is a summary of XVG coin trading price:

MonthOpen PriceClosing PriceMonth High
February 2022$0.010209$0.010372$0.013349
January 2022$0.017015$0.010205$0.018084
December 2021$0.023678$0.017055$0.025187
November 2021$0.024213$0.023706$0.037039
October 2021$0.019589$0.024167$0.028077
September 2021$0.026639$0.019590$0.032546
August 2021$0.021712$0.026707$0.037599

XVG crypto price is eyeing a solid rally, while XVG remains subdued by the 50-day SMA. The crypto has been in a steady downtrend since November 2021 and has shown no signs of pulling off a turnaround any time soon. 

Now, however, there are glimmers of hope for a bullish XVG coin price prediction for investors as XVG meanders close to the stable support level. XVG fell close to 74% from its all-time high and hovers above a 10-day demand zone extending from $0.0076 to $0.0128. 

The recent downswing seems to be due to broader market factors, further made impossible by the presence of the 50-day. Still, Verge’s crypto price is making the building blocks of what could be a solid upswing.

XVG Price Prediction
Source: XVG price prediction

Since mid-November, every minor uptrend on XVG crypto price faced rejection at the hands of the 50-day SMA. Recent rallies reversed nearing the same hurdle, and the resulting retracement will likely push Verge crypto to retest the said demand zone.

XVG Price Prediction
Source: TradingView

 A bounce off this barrier will be vial in jumpstarting an uptrend for the XVG coin. Interested investors can open long positions at $0.0070 and look to cover at around the 50-day SMA again, at $0.0128. Participants should watch out. In some scenarios, XVG crypto might extend this leg for $0.015. 

XVG Crypto Price Prediction: Technical Conclusion

In a highly bullish XVG price prediction case, XVG might even make a run at the $0.0257 resistance barrier, bringing the potential gains from 30% to 49%. This extended leg could come under intense bearish fire. 

While things are looking up for the XVG coin price prediction, a daily candlestick close below the $0.0070 will breach the demand zone and create a lower low. Such a bearish move will invalidate the bullish thesis and open the path for XVG bears to reign supreme. 

In this case, XVG crypto will slide lower and retest the $0.0070 support zone or the $0.0062 barrier, from where buyers can come in to build momentum for another fresh stab at the resistance barrier. Recovery from this level will flourish on stable support delaying any retracement. 

XVG Price Prediction: Market Opinions 

The Verge cryptocurrency lurched between positive and negative sentiments as investors looked for a broad-based rally to recover gains made in 2021. To add context to our XVG price prediction, let’s consider other predictions to weigh in on a likely price target. 

XVG Price Forecast for March-April

TradingBeasts

TradingBeasts hints at a remarkable recovery as XVG coin price prediction takes a bullish shape in the coming months. The XVG price forecast for March – April predicts a bullish surge in investor confidence that flips hurdles into a platform vital for continuing the uptrend.

Coin Forecast

Coin Forecast shows XVG advance within the next two months is limited as XVG bears continue to shell every bullish advance. This XVG price forecast for March – April shows XVG coiling up around $0.12 before falling back to the support floor in April. 

XVG Price Forecast for the Rest of the Year

WalletInvestor

WalletInvestor determines XVG crypto bull run to flourish unhinged beyond $0.0591 according to the XVG price forecast for the rest of the year. A further ascent from the current support level is bound to encounter strong support to absorb the incoming selling pressure.

DigitalCoin

DigitalCoin is pushing a bullish XVG price forecast for the rest of the year that shows XVG crypto will move past the halfway point of its 50% advances to $0.0120. This upside move will materialize after bulls recuperate their strength for the next leg up. 

XVG Price Forecast for the Next Year

Gov.Capital

Gov.Capital concludes that XVG is at a pivot point with the potential of sending the currency to pierce past $0.0267. If bid orders continue to pile up, there is a good chance the uptrend could continue beyond this point based on the findings of the XVG price forecast for the next year. 

PricePrediction

PricePrediction eyes a return to stable support at around $0.013, where XVG could gain traction to test $0.016. Following this successful leg up, XVG could consolidate in anticipation of a bullish resurgence to cement the bullish outlook, according to the XVG price forecast for the next year. 

Cryptocurrency Experts and Influencers 

CryptoKaku zooms out on XVG crypto price charts to reveal a steady uptrend that could revisit the all-time higher following a bullish bounce of the upward trend line. A build-up from this area will lead to a retracement to absorb bearish fears in XVG coin price prediction. 

HaithamZakaria predicts XVG coin has found an opportunity to accumulate before the crypto rallies a solid 50% with the potential to trigger an advance for $0.020. Verge has lately been rallying conservatively, dragging XVG price prediction into consolidation. 

Latest News and Happenings Concerning XVG

Following its deep-founded success in the porn industry, the Verge currency is looking to find adoption in other sectors of the crypto economy. At the time of writing this XVG price prediction, Verge was the leading cryptocurrency used in payments in the Pornhub network. 

The startup is not moving into the hardware space, partnering with a US-based firm to launch a mobile charging device designed for digital currency payments. This device will allow merchants to accept crypto payments and users to adopt crypto into real-world applications.

The Verge team announced that withdrawals are impeded on Yobit. No worries, you can still trade it on great exchanges like Binance, or Gate.io.

Related articles: PSG Coin Price Prediction | SNX Price Prediction

XVG Price Prediction: Verdict

Could XVG crypto be the ultimate boy-and-hold digital currency right now? Maybe! Verge has excited analysts with what is seen as the making of the greatest investment and sparking bullish XVG price prediction narratives. Verge might just be great crypto to buy and hold for decades.  

Previous Post

Ultimate Guide on How to Use a Bitcoin ATM in 2022

Next Post

These Are the Richest Bitcoin Owners in 2022

Aggrey A.

Aggrey A.

Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

Related Posts

How to Make the Right Decision before Investing in Crypto

How to Make the Right Decision Before Investing in Crypto

by Hellen
January 18, 2023

Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) are some of the cryptocurrencies widely reported in the media....

Decentralized Marketplace

What are Decentralized Marketplaces?

by Hellen
January 16, 2023

A decentralized marketplace is a network where trade and transactions take place independently and transparently.  This ecosystem offers minimum transaction...

Cryptocurrency is Here to Stay

5 Reasons Why Cryptocurrency Is Here to Stay

by Hellen
January 11, 2023

Cryptocurrency is changing the way we think about money and the economy. We will explore five reasons why cryptocurrency is...

Web3 Pets

Spotlight on Web3 Pets – Will 2023 Be Their Year?

by Hellen
January 10, 2023

Web3 pets have come to revolutionize the idea of owning a pet while bringing color, fun, and possibly some crypto...

Crypto Swapping

A Definitive Guide on Swapping Cryptocurrency

by Hellen
December 21, 2022

If you’re new to crypto or have heard about swapping but don’t know how to do it, this definitive guide...

crypto casino games

What Are the Most Profitable Crypto Casino Games?

by Hellen
December 8, 2022

In this article, we will talk about what crypto casinos are, how they work, and what are some of the...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

Guides & Reviews

How to Make the Right Decision before Investing in Crypto

How to Make the Right Decision Before Investing in Crypto

January 18, 2023
Decentralized Marketplace

What are Decentralized Marketplaces?

January 16, 2023
Cryptocurrency is Here to Stay

5 Reasons Why Cryptocurrency Is Here to Stay

January 11, 2023
Web3 Pets

Spotlight on Web3 Pets – Will 2023 Be Their Year?

January 10, 2023

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.