- Bullish VRA price prediction is $0.00721777 to $0.05002322.
- The VRA price will also reach $0.1 soon.
- VRA bearish market price prediction for 2022 is $0.00401850.
In Verasity (VRA) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other VRA information to analyze the cryptocurrency’s future movement.
Verasity (VRA) Current Market Status
According to CoinGecko, the price of Verasity (VRA) is $0.0073 with a 24-hour trading volume of $25,986,812 at the time of writing. However, VRA has increased to 4.5% in the last 24 hours.
Moreover, Verasity (VRA) has a circulating supply of 10,356,466,695 VRA. VRA trades in cryptocurrency exchanges such as OKX, CoinW, BingX, Bitget, and MEXC.
What is Verasity (VRA)?
Verasity is a protocol layer platforms for esports, video entertainment, and digital content management. Verasity (VRA) helps to power the rapidly growing esports indusTRy and gaming community by offering reliable server infrastructure, proof of view security functionaliTy, and VeraPlayer, a product layer platform for video entertainment. VRA can be staked as part of verasity’s VRA staking program. The rewards earned are proportional and based on the number of tokens staked.
Verasity (VRA) Price Prediction 2022
Verasity (VRA) holds the 347th position on CoinGecko right now. VRA price prediction 2022 is explained below with a daily time frame.
An ascending channel is defined as the price action contained between two parallel upward-sloping lines. This price pattern is distinguished by higher highs and lower lows. An ascending channel is created by drawing a lower trend line that connects the swing lows and an upper channel line that connects the swing highs.
Price does not always remain entirely formed within the parallel lines of an ascending channel, but instead shows areas of support and resistance that traders can use to set stop-loss orders and profit targets. A breakout above an ascending channel may indicate a continuation of the upward trend, whereas a breakdown below an ascending channel may indicate a change in trend.
Currently, Verasity (VRA) is at $0.0073. If the pattern continues, the price of VRA might reach the resistance level of $0.0075, and $0.0098. If the trend reverses, then the price of VRA may fall to $0.00488, and $0.00416.
Verasity (VRA) Support and Resistance Levels
The chart below shows the support and resistance levels of Verasity (VRA).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Verasity (VRA).
- Resistance Level 1 – $0.00721777
- Resistance Level 2 – $0.01201850
- Resistance Level 3 – $0.01782869
- Resistance Level 4 – $0.03151385
- Resistance Level 4 – $0.05002322
- Support Level – $0.00401850
The charts show that VRA has performed a bullish trend over the past month. If this trend continues, VRA might run along with the bulls overtaking its resistance level at $0.05002322.
Accordingly, if the investors turn against the crypto, the price of the VRA might plummet to almost $0.00401850, a bearish signal.
Verasity (VRA) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of the Verasity (VRA) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of VRA lies below the cutoff line, indicating weak participants in the current trend.
Moreover, the Moving Average (MA) of Verasity (VRA) is shown in the above chart. Notably, the VRA price slightly lies above 50 MA (short-term), so it is entirely in an upward trend. Currently, VRA is in a bullish state. There is a possibility of a reversal trend of VRA at any time.
Meanwhile, the relative strength index (RSI) of the VRA is at a level of 75.03. This means that VRA is nearly an overbought state. However, this gives confidence to the traders to trade without any fear.
Verasity (VRA) Price Prediction 2022 — ADX, RVI
Let us now look Average Directional Index (ADX) of Verasity (VRA). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Verasity (VRA). Currently, VRA lies in the range of 44.67, indicating a strong trend.
From the above chart, the Relative Volatility Index (RVI) of Verasity (VRA). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of VRA lies above 50, indicating higher volatility. In fact, VRA’s RSI is at 75.03, thus confirming a potential buy signal.
Comparison of VRA with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Verasity (VRA).
From the above chart, we can interpret ETH, BTC, and VRA are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and VRA also increase or decrease respectively.
Verasity (VRA) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Verasity (VRA) might probably attain $0.4 by 2023.
Verasity (VRA) Price Prediction 2024
With several upgrades in the network, Verasity (VRA) might enter a bullish trajectory. If the coin grabs the attention of major investors, VRA might rally to hit $0.9 by 2024.
Verasity (VRA) Price Prediction 2025
If Verasity (VRA) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, VRA would rally to hit $1.6.
Verasity (VRA) Price Prediction 2026
If Verasity (VRA) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, VRA would rally to hit $2.3.
Verasity (VRA) Price Prediction 2027
If Verasity (VRA) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, VRA would rally to hit $2.7.
Verasity (VRA) Price Prediction 2028
If Verasity (VRA) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, VRA would hit $3.1.
Verasity (VRA) Price Prediction 2029
If investors flock in and continue to place their bets on Verasity (VRA), it would witness major spikes. VRA might hit $3.6 by 2029.
Verasity (VRA) Price Prediction 2030
With greater advancements in the Verasity ecosystem, the crypto community might continue to invest in Verasity (VRA) for the next 8 years and drive significant price rallies for the token. Hence, Verasity (VRA) might hit $4 by 2030.
Conclusion
With continuous improvements in the Verasity network, we can say that 2022 is a good year for VRA. For this reason, the bullish price prediction of Verasity (VRA) in 2022 is $0.05002322. On the other hand, the bearish price prediction of Verasity (VRA) for 2022 is $0.00401850.
Furthermore, with the advancements and upgrades in the Verasity ecosystem, the performance of Verasity (VRA) might hit $0.1 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $0.086208 in the near future.
FAQ
Verasity is a protocol layer platforms for esports, video entertainment, and digital content management.
Verasity (VRA) has been listed on many crypto exchanges which include OKX, CoinW, BingX, Bitget, and MEXC.
With the ongoing developments and upgrades within the Verasity platform, Verasity (VRA) has a high possibility of reaching its ATH soon.
On Nov 1, 2021, Verasity (VRA) reached its new all-time high (ATH) of $0.086208.
Verasity (VRA) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Verasity in the past few months, VRA is considered a good investment in 2022.
Verasity (VRA) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Verasity (VRA) will hit $0.1 soon.
Verasity (VRA) price is expected to reach $0.4 by 2023.
Verasity (VRA) price is expected to reach $0.9 by 2024.
Verasity (VRA) price is expected to reach $1.6 by 2025.
Verasity (VRA) price is expected to reach $2.3 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Source: https://thenewscrypto.com/verasity-vra-price-prediction-2022-will-vra-hit-0-1-soon/