$3 For VRA by the end of the Bull Run???😎One of the most interesting tokens $VRA hasn't been able to breach it's all-time high as of yet because of "Recktember", but
September is known as a bearish month. So when you put it into perspective and look at history. We are right on schedule for explosive price movement in the next couple of months.
I've seen a lot of ridiculous price predictions for $VRA. Some have said $3, others have said $5 by the end of this bull run. Yet, every time I approach one of these people, none of them has provided any conjectural evidence or logical reasoning as to why $3 or $5+ is possible in this bull run. So let's see if this broad claim is possible.
As you can see in the chart, the green flag represents the best scenario as far as price for $VRA by the end of the bull run, if it ends in mid December. The yellow represents a conservative scenario, and the red represents the worst case scenario. The white flag represents another scenario that is possible if this bull run extends into February 2022. The best case scenario for $VRA within Andrews' Pitchfork Model is that For $VRA to hit $.60-$.70 if the bullrun ends mid December, it would have to break out of (specifically, about 50% of) that blue upper channel.
Another possibility that I could see happening if the bull run ends in mid December, is that $VRA gets up into the upper green median of this channel by the end of this bull run is sitting around $.10-$.30. The worst case scenario, which in this new model I believe is highly unlikely just based off of Elliott wave theory, is that it ends up in the lower channel and is around a price of $.07-$0.09. The white flag signifies in the model a possible scenario that could also play out, which is that if the bull run extends into 2022, it's very likely it will see a $1-$1.20.
As you may see, the bright green box highlights all possible and very likely scenarios for $VRA. If you also look, you'll be able to see a purple flag that represents the "$3 by the eoy claim". To show you how ridiculous this claim is, just look at the upper blue channel. $VRA would have to increase by basically %600 in price within a matter of months. All without consistent ten, eleven volume😒. Once $VRA is blows past the ATH the sky is the limit. $1 is still on the table, $3 is just not realistic IMO.
If I got to be the "voice of reason" so be it, I don't enjoy seeing people lose money based on pure hopium. Anyone is more than welcome to make an argument that it can indeed hit $3, but before you do so, make sure at least have evidence or facts for this claim.
As Albert Einstein once said ,"What is right is not always popular, and what is popular is not always right.
