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- VVS Finance price is trading above the key moving averages, showcasing the bullish activity.
- VVS crypto is built on the Cronos blockchain and leverages proven protocols.
VVS Finance is a DEX that utilizes an automatic market maker model, which proclaims to be the first AMM on the Cronos blockchain. It was launched at the end of 2021, with the name VVS meaning “very-very-simple,” after its vision of making cryptocurrency and blockchain technology affordable and user-friendly.
Its ecosystem of products consists of Bling Swap, Crystal Farms, Glitter Mine, and IGO and it offers low fees and high transaction speeds. With VVS, users can access a simplified decentralized protocol where they can provide liquidity and mine VVS tokens.
VVS Finance runs on Cronos for fast and secure transactions with relatively low fees. Cronos is compatible with EVM, which enables an EVM-like code execution environment for developers and supports the growth of the ecosystem. Cronos also offers IBC integration to the Cosmos ecosystem.
VVS Finance Price Overview and History
The trading volume of VVS cryptocurrency in the last 24 hours is $1,742,620, which indicates a 21.90% increase during the intraday session. This remarkable surge in price demonstrates a current trend in the market is bullish.
The highest price ever registered for VVS Finance was $0.0003309, which was achieved on November 15th, 2021 (over 2 years ago). Compared to that, the current price is 98.89% lower than the all-time high price.
On the other hand, the lowest price ever registered for VVS Finance was $0.051907, which was noted on October 10th, 2023 (5 months ago). Compared to that, the current price is 92.42% higher than the all-time low price.
VVS Finance has a market cap of $162.89 Million. Market cap is calculated by multiplying the token price with the circulating supply of VVS tokens (45 Trillion tokens are available on the market today).
The FDV of VVS crypto is $314.69 Million. This is a theoretical estimate of the maximum market cap, assuming all 100 Trillion VVS tokens are in circulation today.
VVS Finance Price Technical Analysis
At the time of publishing, VVS crypto is trading below the 50 and 200-Day EMAs (Exponential moving averages), which are supporting the price trend. The MACD line at 0.000000085 and the signal line at 0.000003248 are above the zero line. A bullish crossover was observed in the MACD indicator which signals more strength for the VVS crypto price. The current value of RSI is 61.43 points. The 14 SMA is above the median line at 56.97 points which indicates that the VVS crypto is mildly bullish.
Summary
VVS Finance technical oscillators and indicators support the mild bullish trend. The MACD, RSI, and EMAs are highlighting bullish signals and suggest that the positive trend may continue in the VVS crypto price. Moreover VVS crypto can go higher if it gets the desired support from buyers.
Technical Levels
Support Level: $0.000003181
Resistance Levels: $0.000005000
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.
