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- 1 At the time of writing, the VVS Finance price has decreased by -0.23% since yesterday and was at $0.000004280 at press time.
- 2 Increasing social dominance may positively impact VVS crypto price.
The 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 a growing base at $0.000003550 by April 20th and a minor pushback from bears, possibly signaling a return of bullish momentum. Yet, the VVS crypto market experiences significant volatility, which is evident from the daily chart showing multiple candles with wicks larger than their bodies.
Furthermore, the VVS Finance crypto price remains under the primary 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 decreased by -0.23% since yesterday and was at $0.000004280 at press time. If the crypto price asset drops below the $0.000003550 threshold support, it may continue to fall and reach lower points in the coming sessions.
Conversely, if demand for VVS increases, 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.
Number Of X Followers Activity Rising
The increasing number of posts on X and VVS followers highlights its consistent growth. It shows that it is among the most bruited topics of all time and its popularity has been increasing consistently.
Moreover, the number of tweets and followers surging could be due to any recent development in VVS finance, any public figure’s direct or indirect involvement, and rumors.
Social Dominance Uptick
The santiment of social dominance indicates the increasing or decreasing acceptance of VVS crypto among users. The social dominance VVS Finance chart displays a positive trajectory over the period.
VVS crypto saw a significant rise after February last week of 2024 and is still rising, indicating the rising interest of users in the VVS crypto in the short term.
The increasing social dominance may also positively impact the VVS price as the growing participation of users may create more demand and help the crypto price rise.
The increasing social dominance may also positively impact the VVS crypto price as the growing participation of users may create more demand and help the VVS crypto price rise.
Summary
The price structure of VVS Finance saw bulls initially dominating, but bears disrupted on March 9th, leading to lower lows and highs. The recent price shows that it is growing, with a price base of $0.000003550 by April 20th, and it faces pushback from bears. VVS Finance price remains under resistance levels, with RSI at 44.41 and MACD below zero. The crypto fell 0.23% intraday to $0.000004280. Increasing social dominance may positively impact VVS crypto price.
Technical Levels
Support Levels: $0.000003550
Resistance Levels: $0.000005801
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
