Xvg price prediction
Verge is a digital project that came into the crypto space with many impressive features to turn the general focus on its features. It operates with blockchain technology and makes for a faster transaction rate. These and many other features it brings to the table have made it an exciting deal for most investors and traders. These impressive features notwithstanding, you still need in-depth information on the platform and token to make an intelligent decision.
Knowing the price prediction and history of a cryptocurrency is essential for making an intelligent decision on it. Here, you will get the essential information on XVG and the predictions on it so far.
What is Verge?
Verge is a popular cryptocurrency launched in 2014 as “DogecoinDark,” a name Justin DSunerock introduced. Verge prioritizes privacy and secrecy, and some cross-border developers govern it. The cryptocurrency’s native coin is XVG. Verge, like some others, is a digital project that aims to solve some of the problems traders and investors have been having in the crypto business. It seeks to improve users’ security and privacy while making transactions more efficient for them. It is a profitable privacy coin.
The platform uses TOR and SSL for encryption and to enhance users’ privacy. Also, users in this platform may alternate between public and private records. The network offers more accessible and faster mining for users. It has five different PoW algorithms for mining, including Scrypt, Lyra2rev2, and X17.
The circulating supply of Verge is $16,476,481,292 XVG. Verge has a trading volume of $16,476,481,292. The rank of the coin is 137 on Coinmarketcap.
This article will discuss the XVG price prediction and if the verge coin is a profitable investment.
What does Verge bring to the table?
Verge came into the crypto space as one of the solutions to some issues traders and investors face in the crypto sphere. Among other benefits, here are some goods the network brings to the table:
Verge prioritizes privacy
The cryptocurrency features some technological innovation that enables it to hide some IP addresses and transactions. The cryptocurrency uses SSL and TOR for encryption. This encryption is a feature that drives interest in the project. This feature allows for more security and privacy. If you want your business out of undue scrutiny and you want to hide your dealings, this platform makes it possible.
Transactions with Verge is faster
The Verge blockchain network is impressive. Transacting on the Verge is faster. You can transact within a shorter while compared to what obtains in some other platforms. Using the Simple Payment Certification (SPV), the platform can complete transactions within 5 seconds. This level of speed is impressive. It enables you to make many transactions without getting overwhelmed. You can trade it in a crypto exchange with an affordable transaction fee.
XVG price history
Verge had an all-time high in December 2017 when it sold a token for $0.3006. It recorded its all-time low in February 2015 when a token was worth $0.000002170.
In 2018, Verge experienced a crash that left it lame for many months. Many people thought the cryptocurrency was out until it received a boost at the beginning of 2021, when the rally was high, and things changed for the better. By January 2021, the value of the token rose above $0.01.
The price has fluctuated over time, but there is hope that a bullish influence on the market will see the token improving its price as time goes on.
According to the 4-hour chart above, it can be seen that the price of verge is currently trading just above the 50-day MA and below the 100-day MA. The price is trying to breach the upper end of the Bollinger Band, and we can see the retest of resistance at $0.028.
There have been Verge price predictions by several experts. Using technical tools to analyze the token, let’s discuss verge price prediction.
Verge price prediction by WalletInvestor
From January 2021, the price of XVG has improved. The digital asset is highly volatile, but there is hope for the asset. The struggle between the bears and the bulls is somewhat challenging, but there is hope. As the market crashed, there was a downward trend in the price of the XVG token, and it sold for $0.02 against the previous $0.04 price. However, there was an improvement with the resumption of trade, and the token’s value began an upward rise.
If the bulls continue to have the upper hand, the upward trend might continue, and the token will be worth up to $0.0429 by 2022 and up to 0.1 USD in 5 years. While this is an impressive price rise, there is hope for a more upward trend. If the bullish momentum is sustained, the token may be worth a higher value.
Given that the price volatility is constant and the possibility of a fluctuation is always present, the bears might overtake the bull in the rush for price control. If a bullish trend continues, the token might assume a downward trend. However, the token is expected to hold its own and stand firm. If it does, it may hold on to a value way above $0.028.
XVG price prediction 2021
In October 2021, the price is set to reach a maximum of 0.0255 USD, while the minimum is set at 0.000001 USD.
As predicted by Wallet Investors, towards the end of the year, by December, the value of the token might reach a maximum of somewhere around $0.0972 while the average price is set at around 0.0693 USD.
Verge price prediction 2022
The token is expected to enter 2022 with a value tag on its token as high as $0.0978. Given the cryptocurrency market’s volatility, this value may fall to $0.0396 and hold the price for some months more. If the market’s bearish hold continues, the token may continue downwards until it hits a $0.0150 price. The token may round off the year with a $0.070013 maximum value. There is the possibility that the XVG coin will trade at an average price of $0.0449 towards the end of the year.
XVG price prediction 2025
Drawing from the technical analysis so far and the expected popularity of cryptocurrencies, the price of XVG is set to surge higher within the next five years. It is predicted that the price of the Verge token will beat a max of 0.166 USD at the beginning of 2025.
As 2025 comes to an end, the token’s value is expected to increase to $0.199. The trading price might be something close to $0.137. If the bears take hold of the price and overturn the bullish trend, the value of a Verge XVG token might dip to $0.0240.
Verge XVG price market prediction
Marketers have also drawn from the price action of the crypto coin to make some Verge predictions. It is essential to know what people are saying about the virtual asset to enable you to have a robust knowledge of it. Here are the predictions from some crypto market analysis site
TradingBeasts Verge XVG price prediction is optimistic. They predict Verge selling between $0.0314889 to $0.0463072 at the end of 2021. They are not optimistic regarding the price by 2024, such that a token will sell for $0.0385407.
Digital Coin Price
Digital Coin Price foresees the current price as the minimum price of the crypto as it will improve. The end of 2022 might see the token selling for $0.0498348681. They predicted that this value could increase to $0.0593432569 by 2023 and $0.0683166956 by 2028.
CryptoGround sees the token’s value reaching $0.0278 in one day. They predicted that on the long-term note, XVG’s expected maximum price shortly might be $0.1706, experiencing a surge of 376.04 percent. For the long term, XVG is expected to be a good investment in the crypto market.
They are optimistic that the Verge team may strike some partnership deals and collaborations to boost their presence, impact, and dominance. They also bank on traders’ interest in the token to forecast a profitable future for the coin considering the market volatility and other factors.
Tips on trading Verge XVG
Perhaps you have your interests in cryptocurrency but are wondering if it will make a wise investment. In this regard, careful thought needs to be given to some factors. It would help if you considered what this digital currency brings and its performance in the market.
You have to study the price prediction to determine if Verge cryptocurrency is a profitable investment for you. It will also help if you are an intelligent investor or trader. If you do your homework and prepare yourself, you will be okay. There is risk in investing, and anyone can make gains and also incur losses. Here is some investment advice to guide you:
Do your own research
Before trading on any cryptocurrency, you should have researched the digital asset. You should be aware of the Verge price analysis obtainable and understand the moving averages and other aspects. Here, we have talked about Verge price prediction and history to give you an idea of its market performance so far and expected performance in time to come. There is more you need to know about this cryptocurrency.
Invest with a stable mind
Before trading on any cryptocurrency, you should have researched the digital asset. You should be aware of the Verge price analysis obtainable and understand the moving average and other aspects. Here, we have talked about Verge price prediction and history to give you an idea of its performance so far and expected performance in time to come. There is more you need to know about this cryptocurrency.
From the Verge price predictions from several cryptocurrency exchange sites, the market cap, and the price movement so far, Verge coin’s future price is expected to be higher than it is presently. Verge currency is a good investment. You can buy and sell Verge and expect to make some profits. However, irrespective of the investment and financial advice you receive, it is yours to decide to invest in it.