Verasity Price Analysis: Reclaiming The $0.04 Mark VRA Token Hints More 28% Growth
The Verasity token shows V-top bearish reversal in its technical chart. This recent price retracement took a considerable toll on the token by losing around 63% of its value. The token price plummeted to $0.031 and currently shows recovery signs at this support.
VRA/USD Daily Time Frame Chart
Source-Tradingview
Past Performance or Trend
The Verasity token price experienced a roller-coaster ride in these last three, where the token made a huge rally of 240% in Uptomber. Still, after hitting the $0.876 mark, the token entered a correction phase and almost lost all its gain in November and December. The token price plunged to the $0.031 support and is currently obtaining strong demand near this level.
Veracity Token Attempts To Reclaim The 200-day EMA
The VRA token plummeted to the $0.031 support about a week ago, and it spent this time identifying sufficient support from this level. On December 23rd, the pair gave a huge bullish candle of $18.5% gain, trying to breach the nearest resistance level of $0.4.
The token managed to provide a daily candle closing above this level; however, the breakout was not so prominent, and therefore the traders will require more confirmation to obtain a long entry signal. Today, the price is in a retest mode and which should confirm if this breakout is genuine or not.
By press time, the VRA token is trading at $0.039, with an intraday loss of 1.7%. The 24hr volume change is $101.9 Million, indicating an 84% hike. According to the Coinmarketcap, the token stands at #382 rank with its current market cap of $182.9 Million (+5.33).
VRA/USD 4-hour Time Frame Chart
Source-Tradingview
Technical Indicators
- -The daily Relative Strength Index(47) has started recovering similar to the price action. Moreover, the RSI line is on the verge of crossing above the neutral line(50).
- -As mentioned, the VRA token is trying to cross above the 200-day EMA line. If successful, the long traders would get an excellent edge on their side.
- -The MACD indicators in the 4-hour time frame chart show both the MACD and the signal line moving above the neutral zone, projecting a bullish momentum.
- XRP ETF Issuers File Major Amendments Even as U.S. Government Shutdown Delays Approval
- Hyperliquid DEX Outperforms Top Crypto Exchanges Coinbase, Binance, Robinhood With Zero Downtime
- Crypto Market Loses $670 Billion on CEX Auto Liquidations, Altcoins Crash Intensifies
- Crypto Market Crash With 100% Trump Tariff Announcement on China
- ASTER Airdrop Delayed to October 20 Amid Criticisms Over Token Allocations
- Bitcoin Price Prediction as Trump’s Tariff Shock Triggers $19B Liquidation
- Can $TAPZI Reach $1 In Q1 2026?
- Here’s Why XRP Price May Have a Zcash-Like Surge
- $TAPZI Price Prediction: What’s Ahead of the $TAPZI token Presale?
- Cardano Price Targets $2 as Hydra 1.0 Ignites New Era of Speed and Adoption
- Dogecoin Price Prediction as $23M Leaves Exchanges—Is the Parabolic Phase Beginning?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
