Price Analysis

VeChain Price Analysis: VET Price Escalated by More Than 5% from Yesterdays’ Lowest

eToro

The San Marino Republic recently adopted VeChain Thor Blockchain to serve as the First Carbon Neutral Country in the globe. They have invited VeChain to host the Blockchain transactions of the country along with San Marino utility token.

Current Statistics of VeChain:

VET price was recently seen trading at $0.00564631 at 09:10 UTC on 29th July 2019. The other factors in the contributing of the chart are calculated as:

  • Return on Investment: -62.19%
  • Total supply/Circulating Supply: 86,712,634,466 VET/ 55,454,734,800 VET
  • 24-Hour Volume: 26,905,709 USD
  • Market Cap: 315,337,005 USD
  • 7 Day high/low: 0.006413 USD / 0.005474 USD

VET to USD Price Comparison:

VeChain Price Chart - 29 July
VET Chart by TradingView

The higher value yesterday was initially seen at 00:51 UTC trading at $0.00575249. The value dropped by 3.19% at 10:33 UTC yesterday, with the trading price, changed to $0.0055691. The value saw an escalation at 13:50 UTC when the trade changed to $0.005789. But by 22:31 UTC, the value dropped to the lowest by 6.55% trading at $0.005410. Today at 01:50 UTC, the value escalated by 7.32% to the highest touchdown at $0.005807. The value at 05:10 UTC today was dropped by 4.10% with the trading value of $0.005569. The value from then is slightly increased by 1.15% as of now.

VeChain Price Prediction and Conclusion:

VET price might be trading at a very right zone as of now. With the bearish zone trending, many traders are switching their trade choice to VeChain Coin. The resistance & support levels might help them with an ideal choice of trade:

Resistance Levels: R1: $0.005763, R2: $0.005866 and R3: $0.00601

Support Levels: S1: $0.005516, S2: $0.005372 and S3: $0.005269

With 2019 end, we might see VeChain trade touchdown at $0.01 that might be a call for celebration then!

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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