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- 1 The VVS Finance crypto price is drifting lower on Monday and seeks to get support from the buyers.
- 2 It was at $0.00000303 with an intraday drop of 2.19%.
The VVS Finance price retreated below $0.0000033 after getting enough supply near the 200-day EMA on a daily chart. It resumed the fall after a short-term consolidation near the 200-day EMA.
Earlier, the VVS Finance cryptocurrency broke below trendline support on January 2nd, 2024, indicating initial signs of weakness. The price dropped lower, breaking below the 20-day and 50-day EMAs, suggesting initial signs of weakness.
Furthermore, the buyers attempted to halt the downfall near the 200-day EMA. However, the volume inflow added by the buyers was not enough to stop the price from digging lower further.
At the time of writing, the VVS Finance price was hovering at $0.00000303 after losing 2.19% in intraday. As per coinmarketcap.com, It has a total market capitalization of $132.964 Million and ranks 286th among all the cryptocurrencies. It had a 24-hour trading volume of 552.627 K with an Intraday rise of 28.09%.
Earlier, the VVS finance crypto performed well in the past three months after rising from a low of $0.00000189 in mid-October 2023. The price kept gaining from there and peaked at $0.00000452 in the last week of November.
Thereafter, the price noted sharp rejection from the higher supply levels. The bulls tried to maintain a strong outlook and kept the price above the 20-day EMA till the end of December 2024.
In the meanwhile the crypto also tested a positive trendline support several times. Thus, forming an ascending triangle pattern over the daily chart.
However, the bears dominated from the very start of the year 2024, which resulted in the breakdown of the ascending triangle pattern and the price fell sharply.
Currently, VVS crypto price has broken below the 200-day EMA suggesting a potential downtrend ahead.
As per the indicator analysis, the VVS crypto has broken below all the key EMAs suggesting weakness over the charts. At press time RSI was at 34.48 and that of the SMA line was at 40.27. Both the lines are below the mean line indicating a bearish outlook.
VVS Finance Price Prediction January 2024
The positive view of analysts is an upside potential of over 17.72%, which could take the VVS Finance crypto price above the $0.00000351 mark. While the bearish view of analysts hopes the price drops to the $0.00000282 level.
VVS Finance Price Prediction 2024
The price prediction for 2024 shows that VVS Finance crypto may advance to a high of $0.000465 by the end of the year 2024. Whereas, the less optimistic analysts estimate a price target of $0.000000383 by the end of year 2024.
VVS Finance Price Prediction 2025
As per the most positive view of our analysts, the price may attain $0.00000589 suggesting an upside potential of 93.18%. The most pessimistic view assumes the price to reach $0.00000459 by the end of the financial year 2025.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
