Price Analysis

VeChain Price Analysis: VeChain is a Surprise Element Today as the Trades are Quite Strong!

Yesterday, VeChain price was initially seen trading at $0.00513475 at 00:34 UTC. Then, VET price dropped by 9.2% at 11:59 UTC with the trading price changed to $0.004662. The value then increased by 7.54% at 17:25 UTC yesterday when the value changed to $0.005009. The value by an evening at 21:22 UTC was dropped by 5.8% with the trading price $0.004719. VeChain price as of now is seen increased by 8.19% trading at $0.0051053.

Current Statistics of VeChain

VET price is recently seen trading at $0.0051053 at 08:22 UTC on 11th August 2019. The other essentials factors are calculated as follows:

  • Return on Investment: -66.67%
  • Total supply/Circulating Supply: 86,712,634,466 VET/ 55,454,734,800 VET
  • 24 Hour Volume: 26,428,083 USD
  • Market Cap Value: 277,957,790 USD
  • 7 Day high/low: 0.005480 USD / 0.004790 USD

1-Day VET/USD Price Chart

VeChain price chart - Aug 11
VeChain Chart By TradingView

VeChain Price Prediction and Conclusion

Even though VET coin is trading with the bearish nature, but it is still one of the favorite currencies for many traders. However, for those who might be facing some drops in their trades, they might want to consider resistance support level for a safer bid zone:

R1: $0.005041, R2: $0.00518 and R3: $0.005297

S1: $0.004785, S2: $0.004668 and S3: $0.004529

Tags

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.
Back to top button
Close