$VANA : Technical Analysis Interpretation
First of all, from a technical perspective, the price of VANA is very volatile. Remember that on December 17, 2024, the price suddenly dropped, and then slowly climbed back.
When it comes to price, we have to know two key points: support and resistance. VANA's support level is about $15-16, that is, when the price drops to this position, someone may start buying and hold up the price. The resistance level is $20-22. If the price rises here, someone may start selling and push the price down.
Looking at the trading volume, it is really unstable, especially on December 17, when the trading volume rose sharply.
Next, let's take a look at the market situation. VANA's market value is relatively stable, with a fully diluted value of $2.3 billion. There are 30.08 million tokens in circulation, accounting for 26.7% of the total supply. However, VANA coin's position in the market is not high, only 0.0173%.
So, how will VANA go in the future? I predict:
In the short term, the price may fluctuate between $18 and $22, and the overall trend is to rise slowly, but be careful of the resistance level of $20-22. As for the trading volume, everyone may be busy celebrating during Christmas and New Year, and the trading volume may soar.
In the medium term, the price may break through $22, and more and more people will buy. The trading volume will also increase as everyone returns from the holidays.
In the long term, the price may continue to rise to between $25 and $35. Investors may become more and more interested in VANA coins, and the trading volume will continue to be stable. Of course, if there is any big news or market events, the trading volume may rise again.
For the next layout direction, I will lead everyone to aim at the profit opportunities of the cottage. It is no problem to expect more than 10 times the space. Like + leave a message, and take you to layout the entire bull market together!
