$XVG As of April 29, 2025, the cryptocurrency Verge (XVG) is trading around $0.00587, showing a moderately upward trend. Below are the current support and resistance levels
🔻 Support levels:
• $0.00550 — the nearest short-term support.
• $0.00500 — strong support, breaking which may strengthen the downward movement.
• $0.00475 — long-term support, holding the price since early April.
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🔺 Resistance levels:
• $0.00604 — the nearest resistance; overcoming it may signal the beginning of a recovery.
• $0.00650 — the next resistance level; breaking it may open the way to higher prices.
• $0.00705 — strong resistance; overcoming it may confirm the trend reversal.
📊 Technical picture:
• Indicators such as RSI and MACD confirm the current strength of the market.
• The price is trading above key support levels, indicating a possible continuation of the rise.
• Trading volumes are increasing, indicating growing interest in XVG.
✅ Conclusion:
• As long as the price remains above $0.00550, there is a chance for continued growth.
• Breaking above $0.00604 may signal the beginning of a recovery and opens the way to $0.00650 and $0.00705.