NewsPrice Analysis

XLM, XVG, VET Price Surges as Bitcoin Price Attempts to Retest the New ATH

Highlights

    XLM price is expected to grow with XRP price in the coming days.

    XVG price which dropped to the previous levels is yet again surging nearly 8%

    VET price also jumped more than 8% in less than 24-hours setting the target at $0.47

The crypto space was filled with joy when the most dominant crypto Bitcoin price surpassed the previous ATH and formed a new one. Currently, Bitcoin price is on the verge of testing the current ATH yet once again within 24 hours.

With the bullish momentum finding the grip over the crypto space, most of the crypto assets and DeFi tokens which had plunged with Bitcoin’s correction again surged with remarkable numbers. Among them are Stellar(XLM), Verge(XVG), and VeChain(VET), which not only surged but also became the talk of the town

Stellar(XLM) Price

XLM price

Stellar(XLM) is one of the most trending crypto assets in the recent past. The XLM price rose from the rock bottom to as high as $0.2. Therefore many hope that XLM price goes hand in hand with XRP price in the coming days.

The sudden surge with the price attracted many institutional investors like Grayscale, who according to some reports hold 18.94 million XLM worth $3.75 million. At the time of writing, XLM price stands at $0.200032 with a gain of 3.26 percent in the last 24 hours.

  • The current resistance is formed at $0.2061 initially, later the next resistance levels which need to be broken are formed at $0.2175 and finally at $0.2326
  • The current support levels are formed at $0.1891, if it breaks below the next strong support levels are formed at $0.1452
  • The technical indicators point towards a ‘buy’ signal.

Also Read: Do you Hold Stellar(XLM)? Read this Stellar Price Prediction

Verge(XVG) Price

XVG price

Verge price which had surged with a soaring price to touch $0.0107, collapsed suddenly to touch $0.0055 within a day. However, the XVG price appears to have initiated the recovery phase by surging steadily. 

At the time of composition, the XVG price is $0.007547 with a gain of nearly 9.1 percent in the last 24 hours. 

  • The current resistance lies at $0.00811. However, strong resistance is present at $0.0107.
  • The current support levels are formed at $0.0066 if broken, the next strong support levels lie at $0.0055
  • The technical indicators point towards a ‘strong buy’ indicator

Also Read: Verge Price Prediction – How High Will XVG Price Reach in 2021?

VeChain (VET) Price

VET price

The VeChain price has broken the downtrend a few days ago and inculcating a bullish trend with a decent volume. Considering the fundamentals, VET is considered as one of the strongest coin in the market.

The VET price is $0.0 15842 with a gain of 3.6 percent in the last 24 hours at the press time. However, the price is expected to retest the levels at $0.0160 to continue the bull run to still more high levels.

  • The current resistance levels are formed at $0.0167
  • The current support levels are formed at $0.0159
  • The technical indicators point towards a ‘strong buy’ signal

Also Read: VeChain Price Prediction 2020 – Will The VET Price Gear Up?

The global market cap has increased by 4.41 percent in the past 24 hours to touch $579.95 billion. The total crypto market volume over the last 24 hours is $220.83 billion recording a 33.87 percent jump. Bitcoin price also successfully maintained above $19K to touch $19,432.37 with a price jump of 4.94 percent. 

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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