🔹 Overview of Verge (XVG)
Verge (XVG) is an open-source blockchain protocol focused on privacy, allowing users to conduct anonymous transactions using technologies such as Tor and Wraith Protocol. It was launched in 2014 under the name DogeCoinDark and was rebranded to Verge in 2016.
📈 Current Price of Verge (XVG)
Current Price: $0.0075
Daily Change: +8.79%
Highest Price Today: $0.00771
Lowest Price Today: $0.00687
Market Ranking: #330 globally
24-hour Trading Volume: $20.19 million
Market Capitalization: $124.04 million
Circulating Supply: 16.52 billion XVG
🧠 Simplified Technical Analysis
Main Resistance: $0.0077 – $0.0080
Key Support: $0.0068 – $0.0070
Technical Indicator:
RSI (14 days): 64.47, indicating strong buying momentum
MACD: the fast line is above the slow line, supporting the upward trend
Trading Volume: above average, reflecting increasing market interest
✅ Credibility of Verge (XVG)
Institutional Support: Received investments from prominent companies such as Andreessen Horowitz and Polychain Capital.
Strategic Partnerships: Collaborated with major projects in decentralized finance (DeFi) and non-fungible tokens (NFTs).
Past Challenges: Faced some network outages, but has continuously worked to improve system stability.