- Verasity forms a reversal structure above key support, with cycle symmetry pointing to a critical July breakout window.
- VRA eyes $0.003036 as a reclaim trigger, with profit targets above $0.005698 if momentum sustains through summer cycles.
- The long-term chart shows aligned 20–22 week cycles with resistance mapped at $0.065, confirming the macro trend structure is intact.
Verasity (VRA) is forming a defined structure ahead of potential upside targets amid rising technical signals. New chart patterns show a reversal base forming as analysts point to key moving averages and cycles.
Long-Term Cycles Align With Technical Setup
Recent market activity signals a structured pattern emerging on both the weekly and daily timeframes for Verasity. VRA price has stabilized above a key support range, with prior cycles indicating time-based symmetry. Technical levels and projected resistance bands are now coming into view.
A broader timeline from 2020 through 2028 outlines macro behavior and price tracking. This chart setup was published alongside updated commentary by EGRAG CRYPTO, a technical analyst. He noted the presence of two market cycles, each spanning over 140 days, with structural alignment across trend channels.
Source: EGRAG CRYPTO
According to EGRAG CRYPTO, the first major cycle extended across 20 weeks, starting mid-2020 and ending in early 2021. The second lasted 22 weeks154 days, beginning in late 2023 and stretching through mid-2024. He labeled this setup a critical “make or break” moment approaching summer.
The yellow trendline remains within a diagonal structure named the “White Bridge,” acting as a dynamic range for price evolution. VRA price last closed at $0.0060731 with a 4.98% weekly gain. EGRAG also marked two key profit zones: $0.048500–$0.055000 and $0.098000–$0.125000.
A white dashed resistance line at $0.065000 cuts through the middle of the trend bridge. His roadmap marks this area as an intermediate breakout line before the next profit range. He emphasized the upcoming cycle conclusion marked for July 2024 as a critical decision window.
Additional Signals from Daily Chart Structure
Analyst Marco Polo has provided additional insights using the daily chart to define horizontal zones and near-term price levels. His focus includes volume spikes, local bottoms, and burn mechanics, tightening the circulating supply as the price begins a recovery.
Source: Marco Polo
The chart shows a reversal forming from $0.001500, followed by a steady climb to $0.002053. Current daily volume stands at 339.18 million VRA, confirming renewed interest. Resistance levels are plotted at $0.003036, $0.004085, and $0.005698, based on previous market reactions.
A support line remains firm at $0.000963, with no recent breakdowns observed. Marco Polo marked $0.002091–$0.002500 as a reload zone. The analyst also pointed out that the price remains inside a clean horizontal channel with no major deviations on either end. The roadmap remains valid if price reclaims $0.003036 with strength. Targets above $0.005698 require sustained momentum and structural follow-through.
