41 rows · There are currently 23 Verge exchanges where you can buy, sell and trade Verge (XVG) . Verge to Bitcoin (XVG / BTC) markets () - Coinhills Digital Currency Market Finder helps you to search trending coins including Bitcoin with a few clicks. It supports the overall statistics of digital coins and exchanges lively. XVG/BTC -Verge is likely to retest the D dynamic support -And the major support area around 50 sat -This is also a confluence of last Fib support level -I recommend placing Buy orders only when there are Bullish reactions -Or any potential reversal signs around 50 sat range -This will give extra confirmation that this level is important -The trade idea.
Verge btc marketsVerge to Bitcoin ( XVG / BTC ) markets ( ) - Coinhills
It trades underneath the symbol XVG. V Verge Currency is a cryptocurrency created for everyday use. It improves upon the first Bitcoin blockchain and aims to fulfill its initial intent behind providing individuals and businesses with a quick, efficient and decentralized means of making direct transactions while maintaining personal privacy.
About XVG. Categories Currency Privacy Coins. On the other hand, individuals, businesses and other bitcoin users pay a transaction fee for miners to include their transaction in the next block.
If bitcoin embarks on another bull run, XVG can hope for one as well. Since a strong Bitcoin move in is very likely, we can expect some swings and moves upwards by XVG as well. So will be a year of potential big moves more likely upwards and we can see XVG at least doubling its end of price value. Of course, we speak about Verge price denominated in USD. One important note: the fact that we expect Verge doubling in price is just rational observation of the current state of the crypto market.
There are still enough speculation forces able to drive prices of worthless projects, like XVG, into higher price echelons. Luckily, as the market matures, these forces lose their power and give place to more substantive and fundamentals driven market movers. The main currency in cryptocurrency markets is Bitcoin and given this, altcoins tend to fuel Bitcoin runs and Bitcoin tends to do the same in return. Given this relationship, Bitcoin price movements or lack thereof tend to effect altcoin prices.
To summarize, Bitcoin is the focal point of the crypto market in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to evade. The vast majority of trading that occurs in the crypto markets are between BTC and altcoin trading pairs.
Since most altcoins do not pair with fiat currencies and only a few are paired with stable coins like USTD , Bitcoin is the next best option. Therefore, when Bitcoin is stable, it forms as the ideal base currency for buying altcoins which is why altcoins tend to do well when Bitcoin goes sideways. All price predictions in one place: click here. Correlation is measured on a scale from -1 to 1. Values above 0 shows the degree to which altcoin is moving in the same direction as BTC prices either up or down in tandem , and values below 0 shows the degree to which altcoin moves in the opposite direction of BTC prices so when BTC goes down, altcoin goes up, or vice versa.
The correlation coefficient of their prices is 0. The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. Highly unlikely! Verge is like a twin brother of TRX — a lot of hype and little substance in the project. The team managed to build strong, cultish community but prolonged bear market dissipated it and XVG circles are real shipwrecks these days.
Nowadays, pump and dumps are much harder to organize and there are coins that project a better brand image than Verge, making them a better candidate for the pump and dump conductors. All of this means that Verge will remain in its zombie phase, perhaps even officially die and get buried along many other worthless altcoins.
With the market being completely unpredictable, forecasting the cryptocurrency price is really more of a gamble and luck rather than a data driven guesstimate. Algorithm at cryptoground.
One of the best crypto market analysis site, walletinvestor. This forecast is a very pessimistic one. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses.
None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner.
The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin. Tags: prediction. You need to update this article. Ios app is completed…online store.. Whatever he is saying, run and get real information, usually the opposite of what he says.
Thank you for the comment. Real information is, I would assume, in Verge indoctrination camps like Telegram groups or some other obscure communities? Your information is out of date, please do some research in future and more importantly try and be impartial as you will be far more respected for it.
We have seen a strong need for better media coverage in the industry as the rise and popularity of digital currency is at an all-time high.