Altcoin with small market cap is facing a critical test at its 21-day Exponential Moving Average (EMA), according to analyst EGRAG CRYPTO.
If Verasity (VRA) fails to hold this support level, a drop to $0.001555 may follow, with an extended wick potentially dipping as low as $0.001227.
The analyst previously predicted a 55% correction when VRA hit $0.0042 and suggests another potential opportunity could be forming. While short-term downside is possible, the tone remains bullish in the long run.
EGRAG urges investors to stay alert for a price reset, viewing it as a chance to accumulate VRA at favorable levels.
With a broader bullish outlook, the post reiterates that “big moves are on the horizon” and speculates on VRA’s millionaire-making potential for those who act strategically.
The market awaits confirmation of either a bounce or further breakdown—but whichever direction unfolds, the setup is generating renewed interest around VRA.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/small-cap-altcoin-near-key-support-crypto-expert-predicts-big-move-ahead/