VVS Finance crypto price remains under trendlineThe price structure of VVS Finance has been engaged in a fierce battle, with bulls initially dominating the price and holding the upper hand. Nevertheless, bears disrupted the market on March 9th, 2024, leading to a loss of momentum for the bulls. Therefore, bears dominated and set new lower lows and highs on the daily chart.
The latest price indicates that there is a growing base at $0.000003550 by April 20th, and a small pushback from bears, possibly signaling a return of bullish momentum. Yet, the VVS crypto market experiences significant volatility, evident from the daily chart showing multiple candles with wicks larger than their bodies.
Furthermore, the VVS Finance crypto price remains under the major resistance levels from the 20-day and 50-day EMA bands and is tracking a downward trendline on the daily asset chart. Meanwhile, RSI is at 44.41, below the median line, and MACD is below the zero line and is at 0.00000000163.
At the time of writing, the VVS Finance price has faced an decrease of -0.23% since yesterday and was at $0.000004280 at press time. If the VVS Finance price asset drops below the $0.000003550 threshold support, it may continue to fall and reach lower points in the coming sessions.
Conversely, should there be an increase in demand for the VVS Finance price asset, it may rebound remarkably from its present price level. The next target for the price may be to hit $0.000005801, and beyond this price level, it could stretch up to $0.000006601.
