Vana Price Prediction: VANA Drops 4% As This Crypto Wallet Token Raises Over $4.6 Million In Presale

2024-12-17 08:20:07

The Vana price dropped 4% in the last 24 hours to trade at $22.93 as of 11:14 p.m. EST on trading volume that skyrocketed to $2.8 billion.

Vana Price On A Sustained Bearish Trend

The Vana price experienced a sharp upward spike earlier, reaching a peak near $46 before collapsing. After the sharp decline, the price formed a rounded bottom pattern, recovering to $36. However, the upward momentum failed, and the price fell steeply again, currently trading at $22.93.

The steep decline has brought the Vana price well below the 50-day SMA ($29.77), signaling a strong bearish sentiment. The price of Vana is now consolidating near the $22.00–$23.00 range, where short-term support may form, according to data from GeckoTerminal

Meanwhile, the Relative Strength Index (RSI) is currently at 26.32, deep in the oversold territory (below 30). This suggests that the asset is highly oversold, and a short-term bounce or relief rally could occur as buyers step in.

If selling pressure persists, the price could break below the current support at $22.00, with a potential move toward $20 or lower.

VANAUSD Chart Analysis Source: GeckoTerminal

Conversely, given the oversold RSI and recent steep decline, the price may experience a short-term relief rally, as the bulls could push the price of Vana towards the $26–$28 range.

Meanwhile, investors are also piling into the presale of Best Wallet ($BEST), which, according to ClayBro, a popular crypto analyst on YouTube with over 132K subscribers, ”Could Be The Best Crypto Wallet Of 2025.”

Best Wallet Raises Over $4.6 Million In Its Presale

Investors are piling into the Best Wallet presale, pushing its early funding over the $4.6 million mark.

Best Wallet is establishing itself as a top crypto and bitcoin wallet brand, marketing itself as a one-stop shop for all things Web3.

Its multi-chain, non-custodial, and no-KYC features have appealed to users tired of legacy products like MetaMask and Trust Wallet

Moreover, the project is branding itself as “the smartest way to buy, store, and swap crypto,” eyeing a massive share of the incoming retail investors during this bull market

It allows users to access exclusive tools like “Upcoming Tokens” for high-potential presales.

No more missing out on early-stage #crypto projects! 💸

With Best Wallet’s Upcoming Tokens feature, you can easily browse, learn, and buy presale tokens directly from the app!

Download now! 👉 pic.twitter.com/ZcNZ1b6Up1

— Best Wallet (@BestWalletHQ) October 26, 2024

Upcoming Tokens is a game-changing tool that could give investors a valuable edge in the crypto space. By allowing them to get in on potentially high-value investments before they hit the mainstream, it positions these investors ahead of the curve in crypto’s fast-paced, ever-evolving market.

The meme coin Catslap ($SLAP), which was featured on the app, surged 4,700% after launch, cementing Best Wallet’s reputation as a go-to platform for uncovering hidden crypto gems.

Traders can also stake BEST tokens for a huge 524% annual percentage yield (APY).

$BEST is priced at $0.023225 right now. If you are interested, buy before a price hike in slightly more than one day.

Join the presale at the official BEST Token website here.