Coin of the day is Verge.
Verge is one of the privacy-oriented coins, aiming to compete with big coins like Monero and Dash in the future. Verge team is known for having a good focus on its community and openness of the project.
Latest events
Verge started a crowdfunding campaign on March 20th. The original statement about says that the team will unveil a mystery partnership in case the goal of collecting 75 million XVG is reached.
The campaign went well and managed to collect all 75 million XVG within seven days, which naturally increased the number of circulating coins, the trading volume and the market capitalization of Verge.
After the success of the campaign, Verge team released a video in which they declare that they will announce their partnership and start a full-scale marketing company on April 16th.
Also, XVG is now listed on NexExchange. Having been listed on another exchange platform means that the visibility and availability of XVG tokens are now broadened, which will contribute to its further progress. On NexExchange you can buy XVG directly by using your bank account, so Verge just got more attainable as well, which should also positively affect its price.
Technical
After touching the 0.000005 support, XVGBTC got back its bullish momentum and went above the 100-days EMA and 0.000006 level turning it into a support.
Support levels from below: 100-days EMA, 0.000005 level, 0.000006 level, and Bullish Trend Line.
From the above: The breakthrough of the 0.0000067 (27.03 high) will lead the price to the 0.000007 resistance. Break above the 0.000007 level will open the way to the 0.00001 mark.
Verge is one of the privacy-oriented coins, aiming to compete with big coins like Monero and Dash in the future. Verge team is known for having a good focus on its community and openness of the project.
Latest events
Verge started a crowdfunding campaign on March 20th. The original statement about says that the team will unveil a mystery partnership in case the goal of collecting 75 million XVG is reached.
The campaign went well and managed to collect all 75 million XVG within seven days, which naturally increased the number of circulating coins, the trading volume and the market capitalization of Verge.
After the success of the campaign, Verge team released a video in which they declare that they will announce their partnership and start a full-scale marketing company on April 16th.
Also, XVG is now listed on NexExchange. Having been listed on another exchange platform means that the visibility and availability of XVG tokens are now broadened, which will contribute to its further progress. On NexExchange you can buy XVG directly by using your bank account, so Verge just got more attainable as well, which should also positively affect its price.
Technical
After touching the 0.000005 support, XVGBTC got back its bullish momentum and went above the 100-days EMA and 0.000006 level turning it into a support.
Support levels from below: 100-days EMA, 0.000005 level, 0.000006 level, and Bullish Trend Line.
From the above: The breakthrough of the 0.0000067 (27.03 high) will lead the price to the 0.000007 resistance. Break above the 0.000007 level will open the way to the 0.00001 mark.
