Previous article Should you buy Verasity after the sharp correction on Sunday Next article Home Latest Cryptocurrency News Should you buy Verasity after the sharp correction on Sunday Should you buy Verasity after the sharp correction on Sunday By Benson Toti - min read Updated 21 March 2023 After hitting a new all-time high earlier this week Verasity (VRA/USD) has fallen by over 20%, this is still a relatively small correction compared to the 182% surge in price in October. Vra is now at a very crucial support and could be a great buy as it can reverse any time now. After a sharp correction of over 20%, VRA is now at a strong demand zone and it could give a reversal very soon. VRA has formed several hammers on the support which is indicating a strong reversal as the buyers are slowly returning. VRA also closed in the green on Saturday, thus showing that a reversal is very close. The RSI is in the extremely oversold zone and has also given a bullish cross, suggesting that some buying will be now. Investors must be cautious with the zone at $0.07 as if VRA breaks this zone long entries should not be taken as VRA is looking weak below the demand zone at $0.07. VRA Should hit a new high after the reversal however investors must keep a stop loss below the zone of $0.07. Conclusion VRA is looking like a great buy and a reversal should be seen very soon, however VRA is a volatile coin thus investors must be cautious and must keep a stop loss below the zone. Share this article Categories Analysis Tags Cryptocurrency News