VeChain Price Analysis: VeChain (VET) Price Has Dropped By 5% Since Yesterday

VeChain price is recently seen trading at $0.00501424 at 02:35 UTC. Now, considering the statistics of the VET coin from yesterday, the higher value was observed on 12th August at 02:20 UTC with the trading value of $0.00528409. Then, the price dropped by 5.67% at 08:39 UTC trading at $0.0049843. Then, the VeChain price escalated by 5.27% at 16:13 UTC with a trading value of $0.005247, according to VET News. The value from then dropped today by 6.44% at 02:09 UTC with the trading value of $0.00490908, which is slightly escalated as of now.

Current Statistics of VeChain:

  • Return on Investment: -66.64%
  • Total supply/Circulating Supply: 86,712,634,466 VET/ 55,454,734,800 VET
  • 24 Hour Volume: 31,299,785 USD
  • Market Cap: 278,238,266 USD
  • 7 Day high/low: 0.005461 USD / 0.004790 USD

Vechain Price Prediction & Conclusion:

VeChain Price Prediction
VeChain Price Chart by TradingView


VET price is trading with a bearish nature as of now, so this might be an ideal time to buy a VeChain coin. However, we might be able to see some upsurge in the price soon! By then, the resistance and support levels might help the traders to void any loss:

Resistance Levels:

  • R3: 0.005369
  • R2: 0.005309
  • R1: 0.005202

Support Levels:

  • S1: 0.005035
  • S2: 0.004975
  • S3: 0.004868

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.

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