VVS Crypto Price Has Broken Out, Will It Continue to Surge?

• The trading volume of VVS Finance has dropped by 61% in the last 24 hours.
• VVS Finance’s price rose by 34% in a week after the breakout.

The VVS Finance (VVS) crypto price has been facing resistance from the $0.00000400 mark for a year. But at the beginning of March, it triggered a breakout and rose by approximately 30% in a few days, indicating the buyers’ involvement. 

According to the technical chart, the price witnessed a positive spike of 60% two days ago and recorded an all-time high of $0.00000800 but failed to sustain. 

Current Price – $0.00000530 Price Prediction – 0.00000594 (11.85%)

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Market cap – $235.67 million Fear & Greed Index – 82 (Extreme Greed)

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Volume – $2.14 million Green Days – 19/30 (63%)

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Sentiment – Bullish 200-Day EMA – $0.00000328

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Volatility – 18.04% RSI – 77

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Technical analysis suggests that VVS price could gain 11.85% to reach $0.00000594 by March 12, 2024. The fear and greed index is 82 (Extreme Greed) and the volatility is 18.04%. The price has performed positively for 19 days in the last 30 days indicating the buyers’ strength.

VVS Finance’s crypto price is trading at $0.00000528 with an intraday gain of 2.06%. The market capitalization is $235.67 Million and the 24-hour trading volume is $2.14 Million.

Technical Analysis Of VVS Crypto Over Daily Timeframe

On a daily time frame, the VVS Finance coin price has triggered a breakout and rose by 50% in the past 10 days. The price has remained volatile for the last few days amid big spikes.

The VVS crypto price sustained near the $0.00000500 hurdle after the breakout. If the price defends the $0.00000500 hurdle and rises, then it may approach the all-time high in the next few weeks.

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Alternatively, if VVS slips below the $0.00000500 level and sustains, then it may melt to the $0.0.00000400 mark for the support. Here one of two scenarios is likely – either the buyers may buy the dip which may lead to a bullish momentum after the retest. Or, the buyers may prefer to book profit/loss and it will slip below the $0.00000400 mark and sellers will dominate further.

VVS Price Prediction on 4-H Timeframe; Will It Remain Profitable This Week?

VVS crypto has witnessed a directional move but is unable to sustain at the $0.00000600 mark. Currently, the price is struggling between $0.00000500 and $0.00000600. If the price fails to defend the $0.00000500, then it may perform negatively and lose past gains.

On the other hand, if the VVS surpasses the $0.00000600 level and sustains, then buying momentum could be observed, which may result in slow and steady gains.

Conclusion

However, the VVS Finance price is still facing resistance at the $0.00000500 level and if it fails to defend this level, it may slide down to the $0.0.00000400 mark for support. The buyers may either buy the dip, leading to a bullish momentum after the retest or prefer to book profit/loss, resulting in a slip below the $0.00000400 mark and domination by sellers.

Technical Levels

Resistance Levels: $0.00000570 & $0.00000700

Support Levels: $0.00000400 & $0.00000330

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.