Vine Coin (VINE) Price Prediction for July 29, 2025: VINE Skyrockets Above $0.15 But Rising Wedge Signals Caution
Main Idea
Vine Coin (VINE) experienced a significant price surge, breaking through multiple resistance levels, but technical indicators suggest potential volatility and a need for caution.
Key Points
1. Vine Coin price surged from below $0.05 to peak near $0.172, currently hovering around $0.153.
2. The breakout was supported by a multi-week symmetrical triangle pattern and strong volume expansion, with $538,000 in daily net inflows.
3. Technical indicators like RSI and MACD show signs of cooling off, suggesting potential consolidation or correction.
4. Key support levels are identified at $0.135-$0.138 and $0.120-$0.125, while resistance lies at $0.172 and potentially $0.185-$0.190.
5. The short-term outlook depends on whether VINE can maintain support above $0.150, with Bollinger Bands and Parabolic SAR hinting at possible volatility reversal.
Description
After trading below $0.05 for most of July, Vine Coin price exploded higher in the past 48 hours, piercing above multiple resistance zones and peaking near $0.172. At the time of writing, Vine Coin price today is hovering around $0.153, following a parabolic surge driven by structural breakout, rising momentum, and strong spot inflows. While the rally has shifted momentum firmly in favor of bulls, early signs of exhaustion are beginning to appear on intraday charts. What’s Happening With Vine Co...
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