Price Analysis

VeChain (VET) Breaks the Bottleneck; Grows by 5.27% Overnight

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  • VeChain has started to get out of its grimy condition of the past few weeks, gained 5.27% in one day
  • VET coin may find the next resistance at $0.0068 and experience bullish days ahead of that as well

VeChain price has been up by 5.27% over the last 24 hours, and it has been through three major price variations in this period. The coin has traveled from 0.0062 USD to 0.0065 USD.

VeChain Price Prediction

VET coin was being traded at 0.00622016 USD at 00:17 UTC, and over the next 2 hours and 43 minutes, it gained 4.62% and added 0.00028 USD to touch 0.00650774 USD. ,  in the price that cost it 0.00067825 USD and pushed the VeChain price to 0.00583018 USD by 09:34 UTC. The next variation happened between 09:34 and 00:46 UTC today, and in these 15 hours and 12 minutes, VET price gained 14.32% and rose to 0.006665 USD.

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VeChain
VET Price Chart By TradingView

VeChain’s market cap on November 27 was 362.707 million USD, and it has been increased to 363.034 million USD over the last 24 hours.

VET’s 20-days MA stands at 0.00649491 USD, and its 50-days MA is now at 0.00653508 USD. The current price of VeChain at 0.00654816 USD is 0.20% and 0.81% more than the 50-days and 20-days moving averages, respectively. As per the current trend, VET coin may have to face the next resistance at 0.00681 USD.

VeChain (VET) Resistance and Support Levels
1st Resistance $0.00681
2nd Resistance $0.007079
3rd Resistance $0.007485
1st Support $0.006135
2nd Support $0.005729
3rd Support $0.00546

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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