Price Analysis

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 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, VeChain price escalated by 5.27% at 16:13 UTC with the trading value of $0.005247. 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 coin is trading with the bearish nature as of now, so this might be an ideal time to buy 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

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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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