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  • Price Analysis of Verge (VXG) and Sun (SUN)
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Price Analysis of Verge (VXG) and Sun (SUN)

Blaine Matta April 8, 2022 2 min read

Verge Now Exhibiting $0.01574

At present, the value of Verge is at a high price but the situation wasn’t the same a few days back. The value of Verge (VXG) was reportedly at a low of $0.01134 per VXG on March 30. Although the bulls tried to elevate the price of Verge to a high price, their efforts failed, and the bears continued showing off their selling ability.

However, the bulls launched a strong attack against the bears in the past 24-hours. The data shows that the rally formed by the bulls in the past 24-hours was 28.15% and it resulted in pushing the price of Verge to a high of $0.01574 per VXG.

As the situation currently is, it is expected that the bulls may continue acquiring Verge to keep it within the bullish zone. The bears may try harder to push the price of Verge to a lower mark but their efforts may go in vain if the bulls are stronger.

This would eventually push the price of Verge to a high of $0.01931 per VXG. Going forward, the bulls may continue adding more value to Verge by acquiring more Verge. This would eventually result in pushing the price of Verge to a high of $0.02178 per VXG.

Going forward, the situation for Verge may become even more bullish when the RSI and the moving averages of Verge may elevate to high resistance territory. This would result in pushing the price of Verge to a high of $0.02779 per VXG.

Sun Now Exhibiting $0.01844

Sun (SUN) investors have also grown strong sentiments in the past 24-hours, as they have pushed Sun’s value to a high mark. Prior to the rally taking place, the price of Sun was at a low of $0.01479. The bears kept selling every major and minor rally, which continued lowering the confidence of the bulls.

However, the bulls went for a stronger attack in the past 24-hours, forming a 24.42% rally. This resulted in pushing the price of Sun to a high of $0.01844 per SUN.

If the rally grows stronger and firmer, then the bulls will have the opportunity of pushing their price up to $0.02147 per SUN.

If the bulls keep pushing the bears down with their strong buying potential, the bears may soon retreat. This would provide more room to the bulls to bring more investors to their side. If the bulls manage to make it possible, then the price of Sun may rise to the strong resistance mark.

In the upcoming days, the price of Sun may get pushed up to $0.02456 per SUN if the bulls keep gathering more Binamon.

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