Verge (XVG) Price Prediction 2024, 2025, 2026-2030
- Bullish XVG price prediction for 2024 is $0.009880 to $0.033818.
- Verge (XVG) price might reach $0.1 soon.
- Bearish (XVG) price prediction for 2024 is $0.001408.
In this Verge (XVG) price prediction 2024, 2025-2030, we will analyze the price patterns of XVG by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
VERGE (XVG) PRICE PREDICTION 2024 |
|
| VERGE (XVG) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Verge (XVG) Current Market Status
| Current Price | $0.007318 | 24 Hour Price Change | 2.48% High |
| 24 Hour Trading Volume | $125,758,764 |
| Market Cap | $120,908,410 |
| Circulating Supply | 16,521,951,238 XVG | All Time High | $0.3006 ( On Dec 24, 2017) |
| All Time Low | $0.000002167 (On Feb 05, 2015) |
What is Verge (XVG)
| TICKER | XVG |
| BLOCKCHAIN | Verge |
| CATEGORY | Privacy Coin |
| LAUNCHED ON | October 2014 |
| UTILITIES | Governance, security, gas fees & rewards |
Verge (XVG) is a privacy-focused cryptocurrency that aims to enhance security and anonymity in transactions. Utilizing advanced blockchain technology, Verge employs features like Tor and I2P networks to obfuscate IP addresses, providing users with increased privacy and fungibility. Verge also implements the Simple Payment Verification (SPV) technology, enhancing transaction speed and efficiency. Launched in 2014 as DogeCoinDark, it rebranded to Verge in 2016, emphasizing its commitment to privacy.
XVG operates on an open-source protocol, allowing developers to contribute to its improvement. With a focus on fast, private, and secure transactions, Verge caters to users seeking enhanced privacy features within the cryptocurrency space. However, like any digital asset, its value and adoption are subject to market dynamics and industry trends.
Verge 24H Technicals
(Source: TradingView)
Verge (XVG) Price Prediction 2024
Verge (XVG) ranks 378th on CoinMarketCap in terms of its market capitalization. The overview of the Verge price prediction for 2024 is explained below with a daily time frame.
XVG/USDT Horizontal Channel Pattern (Source: TradingView)
In the above chart, Verge (XVG) laid out a horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channels lines.
At the time of analysis, the price of Verge (XVG) was recorded at $0.007318. If the pattern trend continues, then the price of XVG might reach the resistance level of $0.008650, and $0.025326. If the trend reverses, then the price of XVG may fall to the support of $0.005024, and $0.002990.
Verge (XVG) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Verge (XVG) in 2024.
XVG/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Verge (XVG) for 2024.
| Resistance Level 1 | $0.009880 |
| Resistance Level 2 | $0.033818 |
| Support Level 1 | $0.003086 |
| Support Level 2 | $0.001408 |
XVG Resistance & Support Levels
Verge (XVG) Price Prediction 2024 RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Verge (XVG) are shown in the chart below.
XVG/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Verge (XVG) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.003644Price = $0.007476 (50MA < Price) | Bullish/ Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 91.882909 <30 = Oversold 50-70 = Neutral>70 = Overbought | Overbought |
| Relative Volume (RVOL) | Assets trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Verge (XVG) Price Prediction 2024 ADX, RVI
In the below chart, we analyze the strength and volatility of Verge (XVG) using the following technical analysis indicators Average Directional Index (ADX) and Relative Volatility Index (RVI).
XVG/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Verge (XVG).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 53.646603 | Strong Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 95.23 <50 = Low >50 = High | High volatility |
Comparison of XVG with BTC, ETH
Let us now compare the price movements of Verge (XVG) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs XVG Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of XVG is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of XVG also increases or decreases respectively.
Verge (XVG) Price Prediction 2024, 2025 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Verge (XVG) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Verge (XVG) Price Prediction 2025 | $0.6 | $0.001 |
| Verge (XVG) Price Prediction 2026 | $0.7 | $0.0009 |
| Verge (XVG) Price Prediction 2027 | $0.8 | $0.0008 |
| Verge (XVG) Price Prediction 2028 | $1 | $0.0007 |
| Verge (XVG) Price Prediction 2029 | $1.1 | $0.0006 |
| Verge (XVG) Price Prediction 2030 | $1.3 | $0.0005 |
Conclusion
If Verge (XVG) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Verge (XVG) price prediction for 2024 is $0.033818. Comparatively, if unfavorable sentiment is triggered, the bearish Verge (XVG) price prediction for 2024 is $0.001408.
If the market momentum and investors sentiment positively elevate, then Verge (XVG) might hit $0.1. Furthermore, with future upgrades and advancements in the Verge ecosystem, XVG might surpass its current all-time high (ATH) of $0.30067 and mark its new ATH.
FAQ
1. What is Verge (XVG)?
Verge (XVG) is a privacy-focused cryptocurrency that aims to enhance security and anonymity in transactions.
2. Where can you purchase Verge (XVG)?
Verge (XVG) has been listed on many crypto exchanges, including Binance, Huobi, Upbit, and several others.
3. Will Verge (XVG) reach a new ATH soon?
With the ongoing developments and upgrades within the Verge Platform, XVG has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Verge (XVG)?
On Dec 24, 2017, XVG reached its new all-time high (ATH) of $0.3006.
5. What is the lowest price of Verge (XVG)?
According to CoinMarketCap, XVG hit its all-time low (ATL) of $0.000002167 on Feb 05, 2015.
6. Will Verge (XVG) reach $0.1?
If Verge (XVG) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.5 soon.
7. What will be Verge (XVG) price by 2025?
Verge (XVG) price is expected to reach $0.6 by 2025.
8. What will be Verge (XVG) price by 2026?
Verge (XVG) price is expected to reach $0.7 by 2026.
9. What will be Verge (XVG) price by 2027?
Verge (XVG) price is expected to reach $0.8 by 2027.
10. What will be Verge (XVG) price by 2028?
Verge (XVG) price is expected to reach $1 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the authors. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/verge-xvg-price-prediction/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
