VERASITY Huge Potential (VRAUSDT) Analysis 📈📉❇️Hello Crypto community Welcome for introduction of another high potential project.
🔹Rank #403
ETH token / Market Cap:$90,619,650
Circulating Supply: 4.47B VRA ------------------- 43% /
Max Supply 10,356,466,695 ---------------------- SO SO👍
🔹Holders Statistics:
Top 10 Holders
72.89% ------------------ 📛risky❌
🔰WHAT'S Verasity (VRA) ?
Founded on May 18, 2018, Verasity (VRA) is the next generation of video-sharing aimed at creating a fair system for creators to earn from their work, and advertisers to gain value for their ad spend.
a pro-gaming streaming platform which features esports tournaments like PUBG Mobile — which is Verasity’s most important use case according to their whitepaper. The website combines all of Verasity’s products into one platform owned and controlled by Verasity.
Verasity (VRA) offers a unique patented Proof of View system through which it plans to solve the problems of video advertising and NFT fraud.
coinmarketcap-verasity.io
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📈📉 TECHNICAL
As you can see on the WEEKLY timeframe for VRA/USDT , It is trading about $0.02 right now.
As you can see, Vera has been fluctuating between two relatively upward channels
It has now reached significant support and can start rising gradually , and if it can overcome its resistance, it can grow to the top of the smaller channel. And maybe there, depending on the circumstances, it will continue its upward trend or be accompanied by a decline.
🛑resistance level: $0.06 / $ 0.034-$0.038
❇️support level: $0.017- $0.02 / $0.009-0.012
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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VRAUSDT trade ideas
VRAUSDT : not ready.In a few words : "nothing yet" but hope appears.
- Location not bad, we touched the long time RLZ.
- MA50, MA100, MA 200 D = bear
- EMA13/MA30 D = bear
- EMA9/EMA18 D = bear
- Vwap = nothing
- OBV = something interesting since january 24.
- Volume : the sellers are calming down.
- William : stupid.
- MACD : no div confirmed.
- No reversal structure in 4h, daily, or weekly.
VRA updateEvening,
Hope everyone has survived the dump and is taking it easy.
I have taken a fair beating after falling asleep and missing my exit on the little fake out pump to 0.029 prior to this sell off and haven't had the confidence to risk off.
We're getting a bit of a bounce here off of daily support and I have opened a couple of long positions with stops already in profit so lets see what happens.
Personally I'm waiting to see what comes from the fed meeting next week as positive news should allow for a decent relief rally but who knows. Traditional stocks look like they've got a little more selling to do so we might see more selling through the start of next week. The fed meeting is on the 26th-27th so we'll have an answer Thursday or Friday next week.
For now I'm hoping for a little relief rally but not expecting too much, hopium is that the weekly closes as a nice juicy pin bar back above 0.031 but that's probably asking a bit much. ;)
Good luck, enjoy your weekend.
VRA weekly chart screaming BUYVRA weekly chart, this chart looks very bullish...
The price on the chart is still making a higher low and the
RSI is having a slightly higher low.
This is looking marvelous at this level. Yellow dotted
line is the support and/or resistances as well as upper
circled % would be bullish price targets.
47 % profit setups !hello
I hope everybody is fine.
after trendline breakout and retest on it, it's the safest way to trade ( but who knows the future and nothing is really " safe ")
you can also buy here !
these are my 2 paths about VRA
if we lose the 0.026 and see a retest on it, the drop will continue
.....
not financial advice!
VERASITY (VRA) HOLDERS WILL BE REWARDED Chart Above has everything you need to know about current price action.
Overall move is a Third-Wave Extension, hence wave 3 being the longest
Best course of action is to DCA, instead of leverage, or wait for bitcoin confirmation.
If you found this helpful, pls leave a like and share you comments below.
Feedback is appreciated.
VRAUSDT expectation mid termSo far no reversal structure and a poor location on VRA, so don't get too excited.
Wait for a return to RLZ (the blue rectangle) and a reversal structure (at least a clean daily one) before entering.
From a TP perspective, the sell zone is in the red rectangle.
Note, the chart seems to like GANN. It hit its target in mid-September 2021 (orange rectangle) calculated from the previous big move. It will be wise to recalculate a GANN when the bearish movement will be over with a true confirmation.
VRA - Key levels Q1 Q2 2022Morning Verasians,
Not going to make any wild predictions at this point as there isn't much in the way of bullish market structure to do so but I do think we continue to bounce here, I'll be watching each of these levels for a reversal because I do think more downside is possible.
Given VRA's correlation with BTC I'm tracking BTC to find confluence on my VRA trades. If VRA is to remain strongly correlated checkout my BTC Q1 and Q2 thesis to see where VRA might be headed over the first half of the year, I do think it's likely we see more consolidation/accumulation over the first half of the year but who knows, we could be at new ATHs next month.
Rumours of big announcements from the Verasity team in the near future are exciting and could drive price up significantly and reduce VRA's correlation to BTC but in the meantime keep selling reversals and buying dips, or just stake it if you just want to hodl, accumulate as much of this asset as you can.
I'm excited for Verasity's 2022 roadmap to see what the team has planned for the coming year.
Trade the chart not the feels. Take Profit. Manage Risk.
Verasity $VraHi.verasity or $Vra is good altcoin but these days The general mood of the market is not good. Best supprot 0.025 and 0.2384 and resitance 0.0299 and 0.0344 and 0.036 and… Good support that turns into a resistance and to break each one must hit and fix the powerful green candlestick! But with this market uncertainty, have you reached the previous ceiling numbers?