VRA
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
✴️ Verasity Low Risk Falling Wedge Trade Setup (111%)Look at this trade setup, this is one of my short-term trade signals.
I am using the falling wedge pattern, the correction coming to an end, Bitcoin, the market cycle, market sentiment and the candles...
The risk is very low.
This means that this isn't a sure win, it can always fail and thus we start by defining the risk, very low.
The potential is great while at the same time easy to achieve and also fast. Can go much higher.
Bottom line: yYou get about 15% risk with a 111% potential for reward.
My goal is always to get a "good entry". Once I am positioned, ride the wave up and sell using one of the many selling for profits strategies that I have.
As for the chart, you can see how the falling wedge lead to a bullish wave, this can repeat.
Thank you for reading.
Not financial advice.
Namaste.
Young Coins - VRAUSDT This is an example of what I would call a 'young coin'. One that hasn't broken out extremely on the RSI and on chart.
These 'youngins' I would opt into heavily right now over some older coins. Extreme volatility can be your friend in some cases.
Just wait for a full breakout on the RSI, you will see the potential then. Some other coins like this include, ENS and MATIC.
This is the Monthly timeframe.
CAPP: The New Apple VR Hype Coin of 2023CAPP is poised to become a significant cryptocurrency for the future of VR development. It has already garnered the attention of renowned companies like NVIDIA, known for their substantial contributions to VR technology, including Cappasity.
The initial rollout of Apple Vision Pro will primarily target businesses, with subsequent versions intended for customer use. These later versions are expected to be more affordable, starting at a beta price.
Anticipation is high that this development will ignite a new wave of excitement in the VR industry, and Cappasity stands a good chance of experiencing increased trading volume and price action as a result.
Currently, Cappasity is listed on Kucoin, but with the potential for greater trading volume, it may be listed on additional exchanges in the near future.
Cappasity is adding to the important APPLE development list with NVIDIA.
✴️ Verasity After A 440% Bullish WaveThis is the third one of the "V" Altcoins.
January 2023 produced 440% growth.
A correction follows and ends up in a higher low.
The third wave (Wave 1 January bullish breakout, Wave 2 the correction) is normally the biggest and so we can expect fireworks...
The potential target is mapped on the chart.
Can be less, can be more.
I also mapped for you the invalidation point (support).
Namaste.
✴️ VLX, VELO, VRA All Green!Velas (VLXUSDT) came out of a descending channel and has been green for the past five days.
It seems the KuCoin Altcoins are taking the lead.
The good news is that the entire market move together. You can see how these Altcoins also produced a bullish wave in January.
The fact that they are growing now tells us that the others will follow.
Look at VELOUSDT, this one also growing and I will share VRA for you as well to see what the chart has to say.
Namaste.
$VRA Technical Chart - Matter of TimeVerasity - whether you believe in the artificial intelligence narrative or not, you may be sleeping on a giant. My question to you would be - did you predict the NFT narrative and invest in solana at $1 ? The obvious answer is likely not early enough. Whether we believe in AI or not, it is coming. With every crypto cycle, investors and traders love a new and exciting narrative. Do I believe in Verasity 10 years from now, maybe not. But if I've learned one thing in my 7 years of crypto, is that you should be able to identify strong assets with the new and shiny buzz prior to a bull market. In my opinion, that is $VRA.
As for the current chart -
We, in my opinion, are seeing a form or re-accumulation that mat look like a dying out coin that is lackluster and un-volatile. This can be said about many, sound asset, technical charts as of today's date. We have seen this before.
The excitement of the run from 0.002 to 0.01 was pre-mature, in other words the market was not ready for the bull market. A classic bull trap the retraced almost fully. This sets the stage for re-accumulation, where the second set of 'smart money' gets involved before it's too late.
VRA has lost a critical S/R level at just over 0.006 - this level I've zoned out in the green box is also denoted on the volume profile as the Point of Control (POC). Meaning, the market perceives this price point as an important level to trade at, for whatever reason. Losing this is bearish, but reclaiming it is very strong.
My current thoughts is yellow is our zone or re-accumulation - with flexibility. I think deviations to the downside are to be expected, and the likely scenario. If a swift reclaim of yellow zone is the case, thenmost certainly I see this as a form a re-accumulation - this follows the criteria for RA precisely.
If we lost yellow for an extended period of time, it leads me to believe this bear market is no where close to being finished, which is certainly possible. I think we are in the 'depression' phase which is still a form of accumulation, so it is not to be ignored.
Volume declining until it isn't, it will pop and when it does it means the market is getting involved again on a macro level. Something we need to watch, absolutely.
Reclaim green, hold, consolidate, push higher, bull market is back on in my opinion. Until then, I will be accumulating this digital asset.
Do your own research, manage your own risk.
Cheers,
Vatsik
possible double bottom on $VRANASDAQ:VRA has been trading downwards for the last month from the 23rd of april till date
Based on the current chart I see a possible double bottom which indicates a change in direction.
if we were to break the current support we are on we might see price drop below 0,003 and the market cap dropping below 30 million dollars which is unlikely with verasity strong community
NASDAQ:VRA has a low market cap is trade with caution!!!!!
VRAUSDT - Steady Increasing VolumeVolume has been steady increasing since the release of this coin
To me this is a very bullish sign for volume to increase post bull run
I have been looking at a few charts and most of them when volume increases steadily price goes up eventually
Lets see where VRA goes