VRA Defies Crypto Bloodbath With 45% Surge—Because Fundamentals Still Matter (Sometimes)
While Bitcoin wobbles and memecoins collapse, Verasity’s utility token just moonwalked past the carnage. Here’s why this altcoin’s rally has traders double-clicking.
The anti-meme playbook: No dog mascots or Elon tweets—just a patent-backed adtech protocol quietly onboarding enterprise clients. Boring? Maybe. Profitable? Apparently.
Market irony alert: The same ’institutions are coming’ narrative that failed to prevent this week’s 12% sector drop somehow worked wonders for VRA. Wall Street logic, everybody.
As the leveraged degens get liquidated (again), this surge proves some investors still care about revenue models. At least until the next Shiba Inu clone pumps 800%.
VRA price analysis
On the 1-day/USDT chart, VRA has broken out of a multi-week ascending triangle pattern, which is seen in technical analysis as a bullish continuation signal. It has also moved above the horizontal resistance zone at $0.020–$0.021, a key barrier that has capped price action since early March.
Adding to the bullish case, the Chaikin Money Flow has climbed to 0.24, showing increased buying pressure, while the Supertrend indicator has flipped green, another sign of positive momentum.
A golden cross has also formed on the daily chart, with the 20-day EMA (green) crossing above the 50-day EMA (blue), typically considered a bullish signal. The last time this happened, VRA surged over 145% within a month.
If the current setup plays out similarly, VRA could soon test the $0.0037 resistance level, which is about 15.6% above where it’s trading now.
Analysts remain optimistic that the rally could extend much further. According to Crypto Patel, if VRA holds above its key breakout level of $0.0025, the token could target its previous all-time high, representing a potential 40x gain from that resistance zone.
However, all this will still depend largely on Bitcoin’s price moves, as BTC dominance continues to climb higher, meaning broader altcoin rallies like VRA’s may ultimately hinge on whether Bitcoin maintains its strength or pulls back.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
