{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/verge-xvgusd-bulls-are-growing-more-powerful\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/verge-xvgusd-bulls-are-growing-more-powerful\/","headline":"Verge (XVGUSD) \u2013 Bulls are Growing More Powerful","name":"Verge (XVGUSD) \u2013 Bulls are Growing More Powerful","description":"Verge (XVGUSD) Price Forecast: July 7The bulls are gaining strength and growing more powerful in the XVGUSD market at the moment. The coin which is now trading very close to the upper resistance channel at the moment may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin might […]","datePublished":"2023-07-07","dateModified":"2023-07-07","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/07\/XVG-FRI-LNT.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/07\/XVG-FRI-LNT.png","height":595,"width":1281},"url":"https:\/\/forexschoolonline.com\/verge-xvgusd-bulls-are-growing-more-powerful\/","about":["Cryptocurrency","Forex Trading Tools","FX Technical Analysis","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":390,"keywords":["Technical Analysis","Verge","XVGUSD"],"articleBody":"Verge (XVGUSD) Price Forecast: July 7The bulls are gaining strength and growing more powerful in the XVGUSD market at the moment. The coin which is now trading very close to the upper resistance channel at the moment may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin might further climb up to the $0.0150 upper resistance level and beyond.Key Levels:Resistance Levels: $0.0080, $0.0090, $0.0100Support Levels: $0.0040, $0.0030, $0.0020XVG (USD) Long-term Trend: Bullish (Daily Chart)The XVGUSD pair is experiencing a jolly bullish move in its long-term view. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls. The sustained bullish pressure at the $0.0092 resistance value on the 3rd of July, has been having enhanced the crypto price to remain firm above the supply levels in its recent high.Today, the market price of Verge at the $0.0095 high level which is above the moving averages as the daily chart opens implies that the price is in an uptrend, and from the way it is at the moment, it will keep growing.Adding to this, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the crypto price up to a high of $0.0150 soon in its long-term perspective.XVG (USD) Medium-term Trend: Bullish (4H Chart)Despite the moves by the short-term traders, upward pressure still dominates the XVGUSD market in the medium-term time frame. The price currently trades above the two moving averages, which affirms its bullish trend.The bulls made it to a $0.0068 resistance level during yesterday\u2019s session and sustained it. This really made it possible for the price to rise further in recent times.After the bulls\u2019 pressure to the $0.0095 high level, the bears\u2019 drop to the $0.00759 support level above the two EMAs as the 4-hourly session resumes has not stale the market, as the price remains in an uptrend.Trading above the moving averages will enable the market value of Verge to keep pushing up. Therefore, if the bulls could change their orientation and add more aggression to their activities in the market, the coin price may reverse to the upside and $0.0150 resistance level might be reached soon in its medium-term time frame.Buy Verge on eToro "}