AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Vine Coin (VINE) experienced a dramatic price surge on July 29, 2025, climbing above $0.15 amid strong technical indicators and capital inflows, though analysts caution against overinterpreting the rally due to emerging bearish signals. The cryptocurrency, which had traded below $0.05 for most of July, broke through multiple resistance levels over 48 hours, peaking near $0.172 before consolidating around $0.153 at the time of reporting. This parabolic move was driven by a clean breakout from a multi-week symmetrical triangle, confirmed by a vertical rally through prior resistance zones at $0.069 and $0.080 [1]. The daily chart showed a decisive shift above the March 2025 high of $0.052, establishing a new all-time high since January. The Chande Momentum Oscillator (ChandeMO) surged to 89.6, reflecting extreme bullish momentum on the daily trend [1].
The price surge was supported by robust on-chain activity and capital inflows. Spot net inflows for July 28 totaled $538,400—the highest since February—and were accompanied by a spike in daily trading volume, signaling accumulation by market participants [1]. Intraday analysis revealed a breakout of a rising triangle around $0.06, with a large volume candle on the 15-minute chart indicating strong demand. However, divergences began to emerge: the 15-minute RSI dropped sharply from overbought levels above 70 to 45.39, while the MACD showed a bearish crossover. A rising wedge pattern on the 15-minute chart suggested potential exhaustion, with profit-taking already observed above $0.17 [1].
Technical indicators highlighted conflicting signals. Bollinger Bands on the 4-hour chart expanded significantly, with price piercing above the upper band near $0.154—a pattern often preceding volatility contraction. Meanwhile, all key moving averages (EMA 20, 50, 100, and 200) aligned below the price, reinforcing the bullish case. However, the Parabolic SAR flipped bearish on the 30-minute chart, and the Donchian Channel showed hesitation at its upper bound after the breakout [1]. These signals suggest a short-term consolidation phase before continuation, with immediate support zones identified at $0.135–$0.138 and $0.120–$0.125.
Analysts outlined a conditional short-term outlook. If VINE holds above $0.150–$0.153, a retest of the $0.172 high is probable, with a potential extension toward $0.185–$0.190. Conversely, a breakdown below $0.150 could trigger a decline to $0.138 and then $0.120. The EMA cluster on the 4-hour chart remains bullish, but traders are advised to monitor volume and SAR positioning for confirmation of further momentum or deeper rejection [1]. Derivatives activity remained muted, emphasizing the spot-driven nature of the rally.
The technical landscape underscores a critical juncture for VINE. While bullish structures like the breakout and EMA alignment support a continuation of the rally, the rising wedge and diverging momentum metrics signal caution. Market participants are advised to closely watch key levels and on-chain flows for directional clues, as the asset navigates a high-volatility environment.
Source: [1] [Vine Coin (VINE) Price Prediction for July 29, 2025: VINE Skyrockets Above $0.15 But Rising Wedge Signals Caution] [https://coinedition.com/vine-coin-vine-price-prediction-for-july-29-2025/]

Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet