Price Analysis

VeChain (VET) Records a 6.35% Hike Overnight

  • VeChain price gains 6.35% over the last 24 hours
  • It may find the next resistance at $0.0071

The VET price has been up by a whopping 6.35% over the last 24 hours. It has witnessed three major price shifts in these hours. All in the range between $0.0060 and $0.0067.

VeChain (VET) Price Analysis:

VET coin opened the day at 0.00600889 USD, and by 08:27 UTC, it reached 0.006563 USD with the help of a 9.24% hike.

The next variation happened between 11:22 UTC and 20:51 UTC, and in these 9 and half hours, VeChain price gained 9.08% and reached the highest point of the day at 0.00675355 USD.

The last variation happened between 20:51 UTC and 01:32 UTC today, and the last variation took the VET price to 0.00630889 USD.

Vechain Price Chart
VeChain Chart by TradingView

The Market Cap of VET, however, has shown a different trend. It was roaming at 362.842 million USD on November 12, but it has fallen to 352.810 million USD over the last 24 hours. As per the current trend, VET price may surge up to its next resistance. Following is the list of calculated resistance and support levels:

VeChain (VET)Resistance and Support Levels
1st Resistance$0.006838
2nd Resistance$0.007133
3rd Resistance$0.007553
1st Support Level$0.006123
2nd Support Level$0.005703
3rd Support Level$0.005408
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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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