Price Analysis

VeChain Price Analysis: VeChain (VET) Price Surges By 6% In The Last 24 Hours

After the beta launch of Comet mobile, VeChain capitalization seems to be in the same zone as of now. However, it was expected that VeChain might slide from the bearish zone. But it seems that traders might have to wait for some more time to enjoy some good returns.

Current Statistics of VeChain:

The VET price is recently seen trading at $0.00516877 at 01:47 UTC on 12th August 2019. This seems to drop furthermore. The other essentials are as follows:

  • Return on Investment: -66.84%
  • Total supply/Circulating Supply: 86,712,634,466 VET/ 55,454,734,800 VET
  • 24 Hour Volume: 27,831,857 USD
  • Market Cap: 284,929,625 USD
  • 7 Day high/low: 0.005461 USD / 0.004790 USD

VET to USD Price Comparison:

VeChain Price Prediction
VeChain Price Chart by TradingView

Yesterday, VeChain price was seen trading at the lowest of $0.00484084 at 00:03 UTC. The value from then increased by 7.03% at 09:10 UTC yesterday with the trading value of $0.00518121. The value dropped by 5.43% at 11:48 UTC trading at $0.0049024. The price of VET coin was then escalated again by 9.89% at 21:23 UTC yesterday with the changed value of $0.00538712. VeChain price as of now shows 6% rise from the lowest of yesterday $0.00484084.

VeChain Price Prediction and Conclusion:

Despite the fact that VET coin is trading with the bearish nature from last few days, yet it is as still one of the most loved coins for some traders. Nonetheless, for safer trading, traders should consider resistance and support levels, which are calculated as follows:

Resistance Levels:

  • R3: 0.005812
  • R2: 0.005579
  • R1: 0.005356

Support Levels:

  • S1: 0.0049
  • S2: 0.004667
  • S3: 0.004444
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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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