Verge cryptocurrency had a good start to the year, and it kept up this momentum till June. The crypto market took a bearish turn in July, and like most altcoins, the price of XVG coin too underwent a downturn. The YTD price chart shows the price of moving in the range between $0.0035 – $0.011.
XVG coin has been trading mostly below the baseline after the bearish streak in the crypto market since July. The coin started at $0.005603 on February 05. It showed a good rally to the tune of a huge 93.46% on April 08 at $0.01084. On May 09, Verge price fell to $0.00627 by 42.07% drop. This did not deter the XVG coin from again moving in the upward range and the price managed to reach a high of $0.1109 with a 76.62% hike on May 26. The bears started exerting pressure continually on the XVG coin since July and pushed the price below the baseline to $0.003504 on October 21 showing a downswing of a huge 68.90%. Still, the Verge coin tried to get back and reached $0.004736 on December 07. Today, the price of the XVG coin has again gone down to $0.003398.
Current investors should continue to hold on to their investments from a long-term perspective. Day traders may not make big gains in this volatile market but can continue trading for small margins.
