📊 ANALYZE VIC (VICTION) – WHEN IS THE OPPORTUNITY?
Currently, VIC/USDT is forming a falling wedge pattern that has lasted for 20 weekly candles (over 600 days) – a technical signal often indicating a strong reversal possibility if the upper resistance is broken.
✅ The chart shows:
VIC has decreased by more than 91% from its peak, forming a falling wedge with gradually narrowing margins.
In the most recent week, VIC had a green candle slightly surpassing the upper resistance line of the wedge, suggesting that demand is starting to return.
The strong support zone around 0.13–0.18 USDT has held the price several times, making it a potential accumulation area for long-term investors.
If a breakout is confirmed, potential price targets could be the range of 1.34 – 1.47 USDT, corresponding to about ~5 times the profit from the current price range. The opportunity is even higher as the market cap is very small compared to the potential VIC could bring.
🔔 Supporting fundamental factors:
From August 9-10, 2025, an important event of the VIC ecosystem – Viction: Atlas Fork – will take place. This is a hard fork that the VIC community expects to create a turning point for the network, improving performance and expanding layer 2 applications.
Last time, it jumped from 0.23 to 0.49.
This time, I hope to grab another piece.
This is my personal opinion, not to be considered as investment advice, so just hold spot.
