Currencies36080
Market Cap$ 3.31T+6.47%
24h Spot Volume$ 75.32B+6.89%
DominanceBTC55.90%+0.37%ETH11.06%+1.76%
ETH Gas0.03 Gwei
Cryptorank
/

VRA Could Breakout if an Ascending Triangle Forms, Says Trader


by CoinEdition

Share:

50M GRT Deposited to Binance, Causing Its Price to Jump
  • Crypto Tony revealed that he is waiting for a bullish ascending triangle to form on VRA’s 12-hour chart.
  • According to his post, the formation of this pattern could lead to a positive breakout for VRA.
  • Meanwhile, VRA was trading hands at $0.00651 following a 2.46% 24-hour loss.

The cryptocurrency trader and analyst Crypto Tony shared in an X post yesterday that he would like to see an ascending triangle form on the 12-hour chart for Verasity (VRA). According to the post, this pattern emerging in the next few weeks could lead to a strong breakout towards the upside for the altcoin.

From a shorter-term perspective, the altcoin’s price dropped 2.46% over the past 24 hours. According to data from CoinMarketCap, VRA was trading hands at $0.00651 at press time. Although VRA saw its price drop throughout the past day of trading, the cryptocurrency was able to record a 12.72% uptick in its daily trading volume.

Daily chart for VRA/USDT (Source: TradingView)

Lo…

The post VRA Could Breakout if an Ascending Triangle Forms, Says Trader appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.00013

+0.02%

$ 0.00...361

$ 0.000333

+12.2%

$ 1.58


Share:

In This News

Coins

$ 1.00013

+0.02%

$ 0.00...361

$ 0.000333

+12.2%

$ 1.58


Share:

Read More

Can Crypto Market Bounce Back in December as Fed Ends QT and Interest Rate Cuts Odds Increase?

Can Crypto Market Bounce Back in December as Fed Ends QT and Interest Rate Cuts Odds Increase?

Key Insights: The Federal Reserve officially ended quantitative tightening (QT) on De...
Bitcoin Volatility Breaks Out Vs VIX, Setting Up Possible Pair Trade Opportunity

Bitcoin Volatility Breaks Out Vs VIX, Setting Up Possible Pair Trade Opportunity

The spread between BTC and S&P 500 implied volatility indices is widening again.

VRA Could Breakout if an Ascending Triangle Forms, Says Trader


by CoinEdition

Share:

50M GRT Deposited to Binance, Causing Its Price to Jump
  • Crypto Tony revealed that he is waiting for a bullish ascending triangle to form on VRA’s 12-hour chart.
  • According to his post, the formation of this pattern could lead to a positive breakout for VRA.
  • Meanwhile, VRA was trading hands at $0.00651 following a 2.46% 24-hour loss.

The cryptocurrency trader and analyst Crypto Tony shared in an X post yesterday that he would like to see an ascending triangle form on the 12-hour chart for Verasity (VRA). According to the post, this pattern emerging in the next few weeks could lead to a strong breakout towards the upside for the altcoin.

From a shorter-term perspective, the altcoin’s price dropped 2.46% over the past 24 hours. According to data from CoinMarketCap, VRA was trading hands at $0.00651 at press time. Although VRA saw its price drop throughout the past day of trading, the cryptocurrency was able to record a 12.72% uptick in its daily trading volume.

Daily chart for VRA/USDT (Source: TradingView)

Lo…

The post VRA Could Breakout if an Ascending Triangle Forms, Says Trader appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.00013

+0.02%

$ 0.00...361

$ 0.000333

+12.2%

$ 1.58


Share:

In This News

Coins

$ 1.00013

+0.02%

$ 0.00...361

$ 0.000333

+12.2%

$ 1.58


Share:

Read More

Can Crypto Market Bounce Back in December as Fed Ends QT and Interest Rate Cuts Odds Increase?

Can Crypto Market Bounce Back in December as Fed Ends QT and Interest Rate Cuts Odds Increase?

Key Insights: The Federal Reserve officially ended quantitative tightening (QT) on De...
Bitcoin Volatility Breaks Out Vs VIX, Setting Up Possible Pair Trade Opportunity

Bitcoin Volatility Breaks Out Vs VIX, Setting Up Possible Pair Trade Opportunity

The spread between BTC and S&P 500 implied volatility indices is widening again.