VANRY Price Update & Analysis in a Daily Timeframe.

24 Ogo

Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

The beginning of August was tough for the crypto market, and VANRY suffered along with it. The price dropped as low as $0.0675 but managed to close at $0.0772, creating strong support.

VANRY has shown a decent rebound of 42% from the support level and is likely to test the $0.1455 resistance channel. The price has already broken above the dotted resistance trendline and the 21 EMA.

Key levels:

- Primary Support: 21 EMA and the dotted trendline at $0.0980.
- Lower Support: $0.0768.
- Primary Resistance: $0.1455.
- Long-term Target: $0.3937.

DYOR, NFA.

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