Price Analysis

VeChain (VET) Registers Moderate Fall Amidst Heavy Fluctuation

The crypto market is reflecting heavy volatility for a long time. Most of the coins are seen battling hard to keep up amidst the fluctuation. VeChain seems to be maintaining the momentum pretty well in the ongoing month.

The VET coin started dealing at $0.0041 on November 01, 2019, and the current price is at $0.07670. The signs are positive for the currency. It is speculated that VeChain would touch an astounding high in the future.

VeChain Price Analysis

Yesterday, the VET coin started dealing at $0.007536. The currency price slipped to $0.00710115 by 5.78%. Then, the price surged to $0.007857 by 10.60% hike. The price slipped in the later hours and touched $0.007560 by 3.78%. The coin jumped to $0.008072 again by 6.76%. Further, VeChain price dropped to $0.0063038 by 21.9%. Later, the VET coin price surged to $0.007846 by 24.66% of massive growth. Then, it fell to $0.0069310, and returned to $0.007844 and closed the day. The intraday movement in the coin reflected a 4.09% progression. Today, the VET coin price slipped to $0.007043 by 10.22% in the opening hours. The currency returned to $0.07783 by 10.08% hike.

VeChain Price
VET Chart By TradingView

VeChain holds high potential and hence anticipated to give flourishing results in the future. The coin is currently dealing at $0.07670. The VET price is slowly moving towards the immediate support level. The next level is anticipated to breach in the coming hours. VeChain is speculated to give a colossal return to the traders who are interested in long-term investment.

Resistance LevelPrice
R1$0.008265
R2$0.008708
R3$0.009377
Support LevelPrice
S1$0.007153
S2$0.006484
S3$0.006041
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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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