Verge (XVGUSD) Price Forecast: December 30
The XVGUSD maintains its upward trajectory as it travels towards the upper resistance levels, showing positive signs above the $0.015 supply value. The coin price is experiencing a massive inflow by the bulls registering about 20% growth. Thus, if the coin closes above a $0.021 high mark, the accelerated buying pressure may increase the coin price to hit a new all-time high at the $0.030 upper resistance level, indicating a growth opportunity of 30%. Thus, a potential buy signal.
Key Levels:
Resistance Levels: $0.016, $0.017, $0.018
Support Levels: $0.005, $0.004, $0.003
XVG (USD) Long-term Trend: Bullish (Daily Chart)
The long-term market value of Verge maintains its upward trajectory as it trends toward the upper resistance levels. The coin price is facing the upper channel of the market and confirms a bullish race. 
However, the bulls’ pressure to the $0.14 high value in the last session has sustained the coin price to maintain its upward trajectory above the resistance trend levels in its recent high.
At the time of writing this article, the XVGUSD price maintains its upward trajectory and finds a reliable resistance at $0.16 value above the moving averages as the daily session begins today, resulting in intraday gains. This will prolong the bullish trend and fuel the release of more buy investors into the market.
Thus, if the crypto’s price could sustain above the $0.021 high level, the potential rally could surge higher to hit the key resistance area at the upper channel.
Currently, the price signal is pointing upwards indicating a bullish trend and in this case, the price of Verge could jump up to hit the $0.30 supply mark sooner as it maintains its upward trajectory in its long-term outlook.
XVG (USD) Medium-term Trend: Bullish (4H Chart)
Amid the increasing drop in the crypto market, XVGUSD maintains its upward trajectory and remains in a bullish market zone. The price currently trades above the EMA-50 making higher highs and moving towards the major upper resistance area.
The sustained bullish pressure at the $0.012 level in the previous action has enhanced the coin price to maintain its upward trajectory in its recent high.
Earlier today, the long traders caused a rise in the price of Verge to a high at the $0.016 level above the moving averages, creating a strong area of interest for buyers.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong breakup above the $0.021 resistance point would strengthen the bullish pressure.
Additionally, the price of XVGUSD pointing upwards on the daily stochastic indicates that further upside is certain. It is therefore expected that the buy investors will move the price action of Verge up and may likely hit the $0.30 upper resistance level in the coming days as it maintains its upward trajectory in its medium-term time frame.
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