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Crypto Analysts See $0.25–$0.30 Potential for VANRY After Bullish Breakout
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Market Musing-g

Crypto Analysts See $0.25–$0.30 Potential for VANRY After Bullish Breakout

CFN
By CFN
4 months ago
3 mins read
Crypto Analysts See $0.25–$0.30 Potential for VANRY After Bullish Breakout
  • VANRY shows strong recovery potential after breaking a downtrend, with support at $0.12 and bullish expectations ahead.
  • Crypto experts see consolidation at $0.1162 as a sign of accumulation, with the token aiming for $0.25–$0.30 in the midterm.
  • A breakout above the descending trendline signals a shift in market dynamics, offering opportunities for long-term gains.
VANRY bullish setup signals potential recovery. After breaking out of a prolonged descending channel in late 2024, the token’s price hit a peak of $0.17. However, it retraced to a critical support level at $0.12. Analysts expect a rebound toward the $0.25–$0.30 range as bullish interest surges.
World Of Charts highlighted the breakout from a descending channel, describing it as a pivotal moment for the market. The support at $0.12, which coincides with the breakout region, is now validated as a key zone. This level also aligns with horizontal resistance from earlier in the year, strengthening its importance.
Source: World Of Charts

Bullish Momentum Supported by Market Dynamics

CryptoDoc added a broader perspective, focusing on a higher timeframe. According to the analyst, the token’s breakout above a descending trendline in November 2024 signals a structural shift. Following the breakout, VANRY advanced to $0.15, encountering resistance at a marked supply zone.
The pullback led to consolidation in a crucial “Buy Zone” between $0.08 and $0.10. This area corresponds to previous demand levels where buying activity occurred earlier in 2024. The token’s current consolidation near $0.1162 hints at accumulation, with a focus on sustaining support in the coming weeks.

Key Levels and Projected Price Trajectory

Both analysts agree on maintaining the current support zones. World Of Charts predicts a midterm rally targeting $0.25–$0.30, supported by a rebound from $0.12. CryptoDoc suggests that patient traders could accumulate in the Buy Zone, eyeing long-term gains.

Additionally, the breakout above the descending trendline shows shifting market dynamics. With sustained buying interest, the token could witness sharp upward movements. Traders are advised to monitor support at $0.12 and resistance around $0.15 closely.
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