Price Analysis

VeChain Price Analysis: Will VET Coin Exit The Volatility Phase To Regain Stability?

After the launch of the first project on OceanEx, they recently talked about the benefits bringing to the X Node holders. VeChain Foundation seems very exciting about the same.

Current Statistics of VeChain:

VET price is trading today at $0.0046562 at 01:58 UTC on 16th August 2019. It seems that the price might go further upwards today. The other essential factors are as follows:

  • Return on Investment: -69.59%
  • Total supply/Circulating Supply: 86,712,634,466 VET/ 55,454,734,800 VET
  • 24 Hour Volume: 21,012,331 USD
  • Market Cap: 253,661,741 USD
  • 7 Day high/low: 0.005346 USD / 0.004461 USD

VET to USD Price Comparison:

VeChain Price Prediction
VeChain Price Chart by TradingView

Yesterday, the highest price of VeChain was seen at 00:37 UTC with the trading value of $0.004767. The value then dropped by 6.30% at 06:27 UTC value trading at $0.004467. VET price, however, increased by 6.35% by 10:05 UTC when the trading value changed to $0.004749.

Then, VeChain price dropped again by 7.12% on the lowest touchdown of $0.004411 at 17:07 UTC. The value then increased by 5.43% as of now.

VeChain Price Prediction and Conclusion:

VET coin keeps on drifting in the bearish zone. However, most of the enthusiast and traders expect that VeChain price might start surging soon. The resistance and support levels may assist with avoiding any misfortunes in this volatility,

Resistance Levels:

  • R3: $0.005034
  • R2: $0.0049
  • R1: $0.00473

Support Levels:

  • S1: $0.004426
  • S2: $0.004292
  • S3: $0.004122
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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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