It’s Invest Diva’s Kiana Danial https://www.investdiva.com/ with News BTC and here is your cryptocurrency update. One of the best performing cryptos on Monday was Verge coin’s XVG. The privacy altcoin surged around 10% by the end of New York’s trading session, briefly testing the highs of early September at 0.01738. Ranked 37 based on market cap, Verge boasts using multiple anonymity-centric networks such as TOR and I2P. Their Wraith Protocol is supposed to enable users to send and receive payments privately on Verge blockchain. You can use the Verge QT wallet on almost any platform, from Android to Windows and Linux. They are currently working on their wallet to work on Apple’s iOS as well. Listed on many major crypto exchanges such as Binance and Huobi, perhaps one of the most interesting facts about Verge is the number of vendors who accept XVG as a payment method. Among the most famous ones are PornHub and Tree of Life. Looking at XVG’s price action versus the USD, the price has been testing the lower band of the daily Ichimoku cloud and could be in the process of forming a Saucer Bottom chart pattern. The neckline of this reversal chart pattern is at the upper band of the Ichimoku cloud. So for XVG’s recent moves to be considered medium-term bullish, it needs to break above the pivot level at 0.01960 to reach the resistance at 0.0262. Now I’d like to hear from you. What do you think about Verge coin and its recent surge? Do you think it has bottomed out? Let me know in the comments, and subscribe for more updates!
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