Verge Price Prediction Today: Daily (XVG) Value Forecast – April 19

Spread the love
Verge (XVG) Privacy Coin Price is Increasing Due to Speculation of Mining-Oriented Upgrades
  • If the bulls fail to break above the EMAs, the crypto’s price will continue to range in the bearish trend zone.
  • The EMAs are horizontally flat indicating that the price is in a sideways trend.

XVG/USD Medium-term Trend: Bearish

  • Resistance Levels: $0.009500, $0.0100, $0.015000
  • Support levels: $0.008000, $0.007500, $0.007000

Yesterday, April 18, the price of the Verge was in a bearish trend. On April 8 and 10, the bulls were resisted at the $0.01100 and $0.01050 price levels. As a result, the crypto’s price had continued to trade below the 12-day EMA and the 26-day EMA. The EMAs are horizontally flat indicating that the price is in a sideways trend. The crypto’s price is characterized by indecisive candlesticks.

Today, the crypto’s price is trading at $0.0085050 as the time of writing. The crypto’s price is below the EMAs which indicate that price is likely to fall. However, if the bulls fail to break above the EMAs, the crypto’s price will continue to range in the bearish trend zone. Meanwhile, the stochastic indicator is in the overbought region but below the 80% range. This indicates that the crypto’s price is in a bearish momentum and a sell signal.

XVG/USD Short-term Trend: Bearish

On the 1-hour chart, the XVG price is in the bearish trend zone. The crypto’s price was fluctuating below and above the 12-day EMA and the 26-day EMA. The crypto’s price is below the EMAs which indicates the price is likely to fall. Nevertheless, the stochastic indicator is in the oversold region but above the 20% range, this indicates that the crypto’s price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Cryptocurrency Prices: Live Real-Time Coin Market Cap Values