Verasity (VRA) "Falling Wedge"

KUCOIN:VRAUSDT   Verasity / Tether
Verasity (VRA) Price Prediction 2022

Verasity (VRA) holds the 500th position on CoinGecko right now. VRA price prediction 2022 is explained below with a daily time frame.

The above chart of Verasity (VRA) laid out a Falling Wedge .In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. 

This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.

Currently, Verasity (VRA) is at $0.00296527. If the pattern continues, the price of VRA might reach the resistance level of $0.00334464, and $0.00473596. If the trend reverses, then the price of VRA may fall to $0.00256085$

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