Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Verasity Breaks Through All-Time-High

By Konstantin KaiserCryptocurrencyOct 26, 2021 02:30AM ET
www.investing.com/analysis/verasity-breaks-through-alltimehigh-200606315
Verasity Breaks Through All-Time-High
By Konstantin Kaiser   |  Oct 26, 2021 02:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

The cryptocurrency market is thriving. While Bitcoin has risen twenty-fold from the last bottom to all-time-high, some cryptocurrencies like Verasity (VRA) appreciated more than six times of Bitcoin in less than a year.

Verasity monthly chart.
Verasity monthly chart.

Verasity has just established a new all-time high, and with that, it has risen more than 16,253% in 2021. In comparison, Bitcoin only increased 134% in 2021, less than one-twelfth of Verasity's growth.

Verasity weekly chart.
Verasity weekly chart.

After breaking its previous all-time high at $0.056, Verasity surged to $0.728. Verasity's next significant resistance at the Fibonacci level is at $0.085, and if broken bullishly, it could reach $0.18, where VRA finds another significant resistance.

Verasity's trend is currently bullish, and there is a good chance that Verasity will break through resistance. Moreover, neither the MACD nor the RSI is showing bearish signals.

Verasity daily chart.
Verasity daily chart.

The daily chart of Verasity provides even more bullish arguments as it formed a golden crossover weeks ago, marking the beginning of a major uptrend.

While the RSI remains neutral, the MACD shows bullish ticks on the histogram.

With a fully diluted market cap of only $400 million, Verasity is comparatively small, which means there is still plenty of room for growth.

VRA is listed on exchanges like Bittrex, KuCoin, Gate, and OKEx. One can also find it on 1INCH and Uniswap.

Verasity Breaks Through All-Time-High
 

Related Articles

ValueWalk
Where Is The Crypto Market Heading? By ValueWalk - Aug 17, 2022

The recent crypto market plunge and the subsequent bear market have made many investors very skeptical of its long-term outlook and growth opportunities. However, Aaro Capital’s...

Ruholamin Haqshanas
Why SHIB And DOGE Are Surging By Ruholamin Haqshanas  - Aug 17, 2022

Popular dog-themed cryptocurrencies Dogecoin and Shiba Inu have surged over the past week mainly due to the chatter around their layer 2 solutions. The L2 solutions for Dogecoin...

Verasity Breaks Through All-Time-High

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email