VRA bullrun is here! Adam & Eve double bottom + breakout + FA!
This will be my final article about VRA, as everything is currently absolutely prime for a bullrun. As you can see, we have broken long-term resistance at $0.0016 on the USDT pair. This comes after making a perfect Adam & Eve double bottom pattern. After this breakout confirming the incoming bullrun, we've just had an expected pullback to $0.0012. As seen in the related article I posted about the VRA/BTC pair, the weekly MACD there has just flipped green for the first time in 5 months, and that's after we saw some insane bullish divergence and called the bottom about a month ago. TA-wise both pairs are indicating a massive bullrun is about to start.
Then there is the fundamental analysis. Verasity has an extremely small marketcap (currently $4.8m) for its incredible achievements. They have hosted tournaments that have attracted millions of viewers featuring some of the best professional Esports teams in the world. In order to accomplish this they have partnered with Tencent Games. Furthermore, you can very easily stake VRA on Verawallet and earn 36.5% annual (0.1% daily) ROI with the simple click of a button. A Tier 1 exchange listing is planned to happen before the end of this quarter, and others are down the pipeline too. Furthermore, yesterday we have gotten some great exposure on Wallstreetbets' Twitter account and Verasity has offered to host a tournament together with the WSB community. There is so much more to say about this project but it is too much to name in one article, you'll have to DYOR on that.
All in all, I think this is my final chance to make a call on VRA before the bullrun goes into full swing. I am expecting to see 20x gains this year, and however crazy it may sound, that is actually quite a conservative call given that it would only give VRA a ~100m marketcap. You don't want to miss this one.
Then there is the fundamental analysis. Verasity has an extremely small marketcap (currently $4.8m) for its incredible achievements. They have hosted tournaments that have attracted millions of viewers featuring some of the best professional Esports teams in the world. In order to accomplish this they have partnered with Tencent Games. Furthermore, you can very easily stake VRA on Verawallet and earn 36.5% annual (0.1% daily) ROI with the simple click of a button. A Tier 1 exchange listing is planned to happen before the end of this quarter, and others are down the pipeline too. Furthermore, yesterday we have gotten some great exposure on Wallstreetbets' Twitter account and Verasity has offered to host a tournament together with the WSB community. There is so much more to say about this project but it is too much to name in one article, you'll have to DYOR on that.
All in all, I think this is my final chance to make a call on VRA before the bullrun goes into full swing. I am expecting to see 20x gains this year, and however crazy it may sound, that is actually quite a conservative call given that it would only give VRA a ~100m marketcap. You don't want to miss this one.
Comment:
I totally forgot to mention one very big and important thing that Verasity has recently achieved. Just a few days ago they have received a US patent on Proof-of-view technology, making them the only company with the rights to use this technology. This is a game changer as it makes VRA unique and there are now no competitors left in that sense. Absolutely huge!
