Veracity Bullish Surge About to End?!🚀 KUCOIN:VRAUSDT Price Analysis 📊
Verasity is in a bullish spree since September 29, showing strong upward momentum. Currently, it's nearing a crucial resistance level at 6886. A break above could pave the way for higher targets at 7463 - 8010.
🎯 Potential Targets: 7463 - 8010
🛡️ Support Levels: 6037 - 5438 - 5053
Stay alert for a breakout of the trendline, signaling a correction.
VRAUSDT trade ideas
Huge Breakout Of Verasity!!! | VRA Price Prediction 2023Hi friends hope you are well and welcome to the new update on Verasity (VRA).
Broke out huge wedge:
On weekly time-frame, since August 2021 up till January 2023 the priceline of VRA was moving inside a very big falling wedge pattern, and finally in the second week of January 2023 it broke out the resistance of this falling wedge and from the low of December 2023 up till Feb 2023 it rallied more than 420%. But got rejected by the long term business of $0.012 dropped almost 67%.
Another falling wedge:
After getting rejected by the long term assistance of $0.012, the priceline of VRA formed another falling wedge pattern, on the same weekly time frame chart. Now finally after 32 weeks it has broken out this falling wedge pattern as well, and surged more than 71%.
Targets:
Now if we take a look at the technical targets for these two breakouts, then the final target for the recent breakout from the smaller falling wedge is at $0.012, and the final technical target for the massive breakout from the previous falling wedge pattern is at the top of the wege that is approximately between 9 cents to 10 cents.
Conclusion:
Since after August 2021, Verasity was in a down trend, on a weekly time frame. But breakout of these two huge wedge patterns, is signaling that VRA is bottomed out, and now the trend has be changed from down to up, and in the long time Verasity can form more higher lows and higher highs.
VERASiTY VRA:$0.075 | a Gem in the Ad industry and GAMINGunder the radar
under valued
unlisted in Binance and Coinbase for now
yet a ready to wear app sytem in the new brave media from twitch a gaming venue all the way to youtube and vimeo for purist etcetera
probably a top 20 coin come 2022
www.verasity.io
#VRA/USDT Long Term Chart. 2000% Potential Target till 2025I'm extremely bullish on VRA/USDT!
Here's why:
- Recently broke a 694-day downtrend with a powerful bullish breakout candle.
- Technical target: A potential 20x return to ATH.
- Multiple indicators favor a bullish price action.
- Bulls entered at the critical support trendline bottom.
- The Risk-to-reward ratio is highly appealing.
- I personally hold and plan to accumulate during any dips.
- Best accumulation range: $0.0040 to $0.00468.
- Invalidation would be a break below $0.00387
- I will drop more alpha on Altcoins in the coming days.
Make sure you follow.
Remember, do your own research,
This is not a Financial Advice.
Do you think VRA can do a 20x from here?
Is this project as reliable as it looks in the chart?
Would love to know your thoughts on this.
Please hit the like button if you like it.
Thank you
#PEACE
Verasity Is ready For Leg Up? **Verasity** (VRA) is a cryptocurrency project that is developing a decentralized video delivery network. The Verasity platform aims to solve the problem of ad fraud in the video advertising industry.
**Fundamental Analysis**
The Verasity platform uses a unique proof-of-view (PoV) consensus mechanism to verify that ads are actually being watched by users. This helps to prevent ad fraud and ensures that advertisers only pay for real views.
The Verasity platform also offers a number of other features that make it attractive to both users and advertisers. For example, Verasity offers a rewards program that pays users in VRA tokens for watching ads. This incentivizes users to watch ads and helps to increase engagement with advertisers.
**Recent News**
On September 26, 2023, Verasity announced that it had partnered with Theta Network, a leading video streaming platform. This partnership will allow Verasity to integrate its PoV technology with Theta's video streaming platform.
On September 22, 2023, Verasity announced that it had been selected by the World Economic Forum to participate in its Blockchain for Social Impact initiative. This initiative aims to use blockchain technology to solve some of the world's most pressing social problems.
**Disclaimer**
Cryptocurrencies are volatile assets and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.
**Disclaimer**
However, I am not a financial advisor and I cannot provide financial advice. The information I have provided about Verasity (VRA) is for informational purposes only and should not be construed as financial advice.
VRAUSDT Looking Severely OverboughtA potential Reversal on VRAUSDT is imminent as things are looking incredibly overbought at the moment.
To further back the point of a potential reversal, Bitcoin, which leads the crypto market, is also looking oversold.
On higher timeframes, a reversal has not been signaled yet, but things are also looking oversold.
There can be a potential short squeeze before making it's way down.
This is not financial advice, all ideas are for educational purposes only.
VRA BREAKOUT ANALYSIS💥💥#VRA Analysis : Perfect Breakout
🚀🚀
🔮#VRA was following a trend line for a long time but has given a perfect breakout. Now we can see a good bullish move in #VRA
👀Current Price: $0.004232
🚀 Target Price: $0.005670
⚡️What to do ?
👀Keep an eye on #VRA price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#VRA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
A better look at the multiyear long channel that VRA is followinThis is a better representation of the idea I posted a few months back. look how the resistance line keeps the price down and tight. VRA is following a multiyear-long channel and following the same path that it followed during the previous cycle.
As long as we are not closing a monthly below the channel it's good.
probably one of the best coins to invest in for the next cycle. great fundamentals, great development, already a working product.
Guilty Pleasure Altcoins - Which are yours?Hi Traders, Investors and Speculators of Charts📈📉
I'm constantly on the lookout for projects with great potential. Microcaps often x10, x100 or even x1000 if you're lucky enough to catch them early AND take profits. However, today's post is something a little different.
Let's talk guilty-pleasure coins and let's get real. Have you ever invested (or are currently invested) in a coin that is considered a "bad investment" by the community? If so, which coins and why did you decide to go for it regardless ?
I'll go first... XRP 💰 I am still a hardcore believer in the fundamentals, even though I can't deny the evergrowing negative consensus and overwhelming bad rep that XRP gets from other analysts (often rightfully so). I've been a bag holder for many years, and my main reason is just sentimentality 😂
Now, VRAUSDT: The reason for using VRA/ Verasity for the cover is because I genuinely am undecided about this one. I'm not a big fan of coins who's decimals I can barely read so seeing a massive liquidity drain even before this microcap reached 0,09 isn't the best help for confidence in the project. However, the fundamentals seemed promising at the time.
Incase you missed it:
Verasity is a platform that aims to revolutionize the way that online video is viewed and monetized. It does this through a number of features including Proof of View (PoV), Engagement Rewards, VeraWallet, and VeraViews. PoV is a technology that uses blockchain to verify that users are actually watching videos, as opposed to simply clicking on them and then leaving. This helps to ensure that advertisers are only paying for genuine views.
Engagement Rewards rewards users with VRA tokens for watching videos, engaging with ads, and participating in other activities on the Verasity platform. This helps to create a more engaged and interactive viewing experience. VeraWallet is a secure wallet that allows users to store their VRA tokens and participate in the Verasity ecosystem. VeraViews is a decentralized video sharing platform that uses the Verasity platform to verify views and reward users.
All the above said, the fundamentals sounded great upon release. But obviously, something went wrong and I'll say this about it: The one thing I hate more than advertisements, is being forced to watch an ad. I've seen this new trend when I use apps on my phone that have ads. Suddenly, an annoying ad pops up. When trying to click the "X" or "Close" or "Skip" button, instead of actually taking me back to what I was doing (like very intensely playing solitaire) the click actually takes me to the site!
Could it be that the reason for the project not taking off so well is more people like me just find it annoying and related scenarios? Especially if your reward for watching a 30sec ad is worth 0,004c...
And so the question begs: Scam, guilty pleasure coin or worth-the-wait?
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VRAUSDT bullish move ahead💎👀 Verasity Today Analysis💎 It is gearing up for an intriguing move as it's maintaining a strong support level, where it faced rejection after tapping into the Order Block .
💎 VRA has experienced a significant drop as demand shifted to supply, and the price failed to sustain its upward momentum.
💎 The next move requires liquidity, and with a clear imbalance, supply zone, and liquidity in sight, we anticipate the price of Verasity to take an upward turn to fulfill this imbalance.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey