The cryptocurrency market is struggling to overcome the downward correction. Some currencies like Bitcoin, Ethereum, are struggling to keep Ripple bullish momentum on their values. Verge, however, is under continued downward pressure and there have been a lot of ups and downs this year. The currency is experiencing downward pressure since July and has difficulty getting bullish values.
Source: TheCoinRepublicThe bigger picture shows Verge (XVG) moving sideways. There were not much spikes. Not much high falls either. They are reaching the bottom the way I look at it. These times are definitely buying moments for Verge (XVG). However, Verge (XVG) has to step up their voice in the market. I haven't heard of this project lately. It used to be one of the most active project before.
This is the biggest problem with Verge right now in my opinion. We haven't heard much at all from the team in the last few months. That's what is needed to get people to gain interest in the coin. They used to be really good at it. Even missing the deadlines they gave to themselves was good for it because it kept people talking about the coin.