VRAUSDT.P trade ideas
VRA update 2 Dec 2022Verasity is a protocol and product layer platform for esports, video entertainment, and digital content management. Its products include a proprietary ad stack and the VRA rewards system which has been integrated into SDKs for YouTube, Twitch, Vimeo, and all major video platforms.
Verasity (VRA) "Falling Wedge"Verasity (VRA) Price Prediction 2022
Verasity (VRA) holds the 500th position on CoinGecko right now. VRA price prediction 2022 is explained below with a daily time frame.
The above chart of Verasity (VRA) laid out a Falling Wedge .In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal.
This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, Verasity (VRA) is at $0.00296527. If the pattern continues, the price of VRA might reach the resistance level of $0.00334464, and $0.00473596. If the trend reverses, then the price of VRA may fall to $0.00256085$
Happy Trading
VRA - King of ShitcoinsI won't spend much time analyzing this coin because I know a lot about it (I worked in the TG community management) - some key facts:
95% drop from all time high
Anon "CEO"
"working product" that doesn't work, even if it works nobody would want to use it
When metaverse was a thing, they said they're creating "veraverse"
When NFT's were popping, they said they're creating an NFT marketplace
When nodes were running crazy, they said they're creating "verafier nodes"
When Elon mentioned Twitter bots, they said they have the tech to fix it
Tokenomics are a disaster and the team is constantly dumping on you to fund operations
Axie Infinity botched the working relations with them instantly and without notice (major red flag)
Anon CEO + Cayman Islands registration + all the above = recipe for disaster
Only good thing is the cult-like following it has, so you can make some $ trading it when the cult is fired up and believing the teams lies