VeChain (VET) Registers Tremendous Upsurge; Finds Room to Grow

  • VeChain (VET) price touches 7-day high at $0.0077
  • The escalation indicates prosperous day for intraday traders

VeChain price movement is reflecting heavy fluctuation. The sudden jump in the price has taken the VET coin to a whole new level, which couldn’t be imagined a week ago. On November 26, 2019, the price was dealing at $0.0058 with a market cap of 353,848,583, and today it is at $0.0071 with a market of $418,525,863. The same trend might help the traders to recover from the losses that happened quite recently.

VeChain Price Analysis:

Yesterday, VeChain price started dealing at $0.006048. The price kept trading around the same level for some hours. The coin escalated to $0.00689 by 18.73%. The VET price dropped to $0.0065 by 4.95%. Further, the coin price surged to $0.007085 by 8.09% and closed the day. The intraday movement in the coin reflected a progression of 17.14%. Today, VeChain started the day at $0.00708 and went up to $0.00775 by 9.43%. Recently, the price started dropping and touched $0.007389 by 6.20%.

Vechain (VET) Price Chart
VET Price Chart by TradingView

VeChain is registering a slight fall. The current price of the coin is $0.007389. However, the coin jumped to $0.007752 by breaching the immediate resistance level at $0.0076. We are positive that the VET coin price would surge again in the later hours.

Resistance Level Price
R1 $0.00761
R2 $0.008092
R3 $0.008985
Support Level Price
S1 $0.006235
S2 $0.005342
S3 $0.00486

The coin is speculated to give better results with time. The traders interested in VeChain are recommended to opt for long-term investment. The same would give high returns to the traders. You can visit VET Forecast by our experts to know more about future prices of VeChain.

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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