Small-Cap Altcoin Eyes Major Breakout: Is a Surge to New All-Time Highs Next?

Verasity (VRA) is approaching a potentially explosive price move, according to crypto analyst EGRAG CRYPTO.

In a recent post, the analyst outlined a “3 Pit Stop” resistance roadmap that, if cleared, could catapult VRA to a new all-time high (ATH).

The Three Critical Resistance Zones

EGRAG highlights three key resistance areas that VRA must conquer to unlock its bullish trajectory:

First Resistance – Fibonacci Key Level
This zone is marked by an initial Fibonacci retracement level, which has historically served as a gatekeeper for upward momentum. Second Resistance – The Pink Line
Identified as a significant hurdle, the pink horizontal resistance line aligns with a major Fibonacci point. This level is considered a tough barrier that has previously rejected upward movements.
Third Resistance – Fibonacci Confluence Zone
A wider area where multiple Fibonacci retracement levels overlap, creating a strong zone of resistance. Breaking through this zone would signal a serious trend reversal.

Cycle Top in Sight

EGRAG’s chart features long-term pattern projections including a falling wedge breakout and the so-called “Cycle Top” target zone. The analyst suggests that surpassing all three resistance zones could pave the way for VRA to reach new highs, potentially fulfilling bullish projections that extend beyond its previous ATH.

The chart also indicates a confirmation of a breakout retest near the $0.000800 level, strengthening the bullish thesis.

Millionaire Potential?

EGRAG boldly states that VRA “has the potential to make you a millionaire” if these levels are cleared and the projected path to the Cycle Top plays out. While ambitious, this outlook is rooted in historical pattern structures and Fibonacci analysis—tools commonly used by technical traders.

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