Verasity (VRA) Price Prediction 2023 – Will VRA Hit $0.1 Soon?
Bullish VRA price prediction 2023 is $0.00776228 to $0.01294866.
Verasity (VRA) price might also reach $0.1 soon.
Bearish VRA price prediction for 2023 is $0.00310366.
In Verasity (VRA) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other VRA information to analyze the cryptocurrency’s future movement.
Verasity (VRA) Current Market Status
Current Price
$2.22
24 – Hour Trading Volume
$44,108,191
24 – Hour Price Change
1.6% down
Circulating Supply
1,473,591,410
All – Time High
$5.29 (On November 12, 2021 )
VRA Current Market Status
(Source: CoinGecko)
What is Verasity (VRA)?
VRA is the native cryptocurrency of the Verasity platform. Verasity is an esports, video entertainment, and digital content management protocol and product layer platform. VRA token is a digital currency designed specifically for value exchange and transfer in the global esports, gaming, NFTs, and video economy. VRA tokens can be staked as part of Verasity’s VRA staking program and used as rewards for participating in the VRA network’s activities.
Verasity (VRA) Price Prediction 2023
Verasity (VRA) holds the 368th position on CoinGecko right now. VRA price prediction 2023 is explained below with a daily time frame.
The above chart of Verasity (VRA) laid out a Horizontal channel pattern, Horizontal channel pattern, also known as the sideways trend. In general, the horizontal channel is formed during price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, the line which connects the lows, run horizontally parallel and the price action is contained within it. A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
Currently, Verasity (VRA) is in the range of $0.00701125. If the pattern continues, the price of VRA might reach the resistance levels of $0.00730696, $0.001113607, and $0.02603770. If the trend reverses, then the price of VRA may fall to $0.00474698.
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 for Verasity (VRA).
Resistance Level 1$0.00776228Resistance Level 2$0.01294866Support Level 2$0.00480492Support Level 1$0.00310366VRA/USDT Support and Resistance Level
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 a$0.01294866.
Accordingly, if the investors turn against the crypto, the price of the VRA might plummet to almost $0.00310366, a bearish signal.
Verasity (VRA) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Verasity (VRA) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of VRA lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Verasity (VRA) is shown in the chart above. Notably, the Verasity (VRA) price lies below 50 MA (short-term), so it is downward. Currently, VRA has entered a bearish state. Therefore, there is a possibility of a reversal trend of VRA at any time.
Meanwhile, the relative strength index (RSI) of the VRA is 47.07. This means that Verasity (VRA) is in a nearly oversold state. However, this means a major price reversal of VRA may occur in the upcoming days. So, traders need to trade carefully.
Verasity (VRA) Price Prediction 2023 — ADX, RVI
Let us now look at the 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.
VRA /USDT ADX, RVI (Source: Tradingview)
The above chart represents the ADX of Verasity (VRA). Currently, the ADX of VRA lies in the range of 38.23091004 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Verasity (VRA). RVI measures the constant deviation of price changes over a period of time. The RVI of VRA lies below 50, indicating low volatility. In fact, the RSI of Verasity (VRA) is at 47.07 thus confirming a potential sell signal.
Comparison of VRA with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Verasity (VRA).
BTC Vs ETH Vs VRA Price Comparison (Source: Tradingview)
From the above chart, it can be interpreted that 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 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Verasity (VRA) between 2024 and 2030.
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 $0.4 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 the investors for the next 3 years, VRA would rally to hit $0.6.
Verasity (VRA) Price Prediction 2026
If Verasity (VRA) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, VRA would rally to hit $0.8.
Verasity (VRA) Price Prediction 2027
If Verasity (VRA) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, VRA would rally to hit $1.2.
Verasity (VRA) Price Prediction 2028
If Verasity (VRA) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, VRA would hit $1.5 in 2028.
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 $1.9 by 2029.
Verasity (VRA) Price Prediction 2030
With greater advancements in the Verasity ecosystem, the crypto community might continue to invest in VRA for the next 8 years and drive significant price rallies for the token. Hence, Verasity (VRA) might hit $2.1 by 2030.
Conclusion
With continuous improvements in the Verasity network, we can say that 2023 is a good year for VRA. For this reason, the bullish price prediction of Verasity (VRA) in 2023 is $0.01294866. On the other hand, the bearish price prediction of Verasity (VRA) price prediction for 2023 is $0.00310366.
Furthermore, with the advancements and upgrades to the Verasity ecosystem, the performance of VRA would help to reach above its current all-time high (ATH) of $0.086208 very soon. But, it might also reach $0.1 if the investors believe that VRA is a good investment in 2023.
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 KuCoin, GATE.io, OKX, MEXC, Bitrue.
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 2023.
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 2024.
Verasity (VRA) price is expected to reach $0.6 by 2025.
Verasity (VRA) price is expected to reach $0.8 by 2026.
Verasity (VRA) price is expected to reach $1.2 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Filed under: Bitcoin - @ March 14, 2023 1:30 pm