VeChain (VET) Loses 10.92% Over the Last 24 Hours

VeChain seems to have stopped its growth movement, and over the last 24 hours, it has gone downward. With three major price swings, it has made a loss of 10.92% overnight.

VeChain Price Prediction

VET coin opened the day at 0.006904 USD, and in the initial 8 hours and 49 minutes, it went as low as 0.006140 USD after cutting 11.07% in value. It was followed by a 7.44% hike that pushed the VeChain price to 0.006597 USD by 15:00 UTC. The last variation happened between 15:00 UTC and 00:47 UTC today, and in these 9 hours and 48 minutes, VET coin lost 8.29% to touch 0.006052 USD, the lowest of the day.

VET Chart By TradingView

The market cap of VeChain also has shown a downward shift in these 24 hours. On November 20, the market cap was 341.367 million USD, and over the last 24 hours, it has gone as low as 341.080 million USD.

VET coin’s 20 days average stands at 0.00613648 USD, and it’s 50 days average is now at 0.00616619 USD. The current price at 0.00615024 USD is 0.22% more than the 20 days MA and 0.25% less than 50 days MA. VeChain price may find the next halt point at the support of 0.0058 USD.

VeChain (VET) Resistance and Support Levels
1st Resistance $0.006702
2nd Resistance $0.007249
3rd Resistance $0.007547
1st Support $0.005857
2nd Support $0.005559
3rd Support $0.005012

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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