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:
| Month | Open Price | Closing Price | Month 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.
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.
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.
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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.