VANRY Price Update & Analysis in a Daily Timeframe.

24 Ağu

Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

The beginning of August was tough for the crypto market, and VANRY suffered along with it. The price dropped as low as $0.0675 but managed to close at $0.0772, creating strong support.

VANRY has shown a decent rebound of 42% from the support level and is likely to test the $0.1455 resistance channel. The price has already broken above the dotted resistance trendline and the 21 EMA.

Key levels:

- Primary Support: 21 EMA and the dotted trendline at $0.0980.
- Lower Support: $0.0768.
- Primary Resistance: $0.1455.
- Long-term Target: $0.3937.

DYOR, NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE