VeChain (VET) Upsurge Reflects 10% Hike Over the Last 24 Hours

VeChain is trading with an uptrend since yesterday. The astounding improvement in the price was long-awaited by the traders. The upsurge in the VET coin has spike hope among the traders for a better closing of the year in VeChain cryptocurrency.

If we look at yesterday’s price movement, the coin touched a high at $0.006179 and a low at $0.005480. The coin seems to breach all yesterday’s high counters today.

VeChain Price Prediction

VeChain Price
VET/USD Chart By TradingView

Yesterday, VeChain coin started trading at $0.005954. The price slipped to $0.005401 by 9.24%. The coin locked itself at the same level for some time. However, the VET price escalated to $0.005940 from $0.0054 by 7.34%. Then, the price slipped again to $0.0054 by 8.61%. There was an improvement in the currency that took VeChain price to $0.006004 by 10.11%. After this hike, the currency again held the position tightly at the same level. Then, the VET coin price moved to $0.0069993 by a massive hike of 16.84%. The closing hour brought the price to $0.006140. The intraday movement in the currency reflected a 3.24% progression in the price. Today, VeChain started with a fluctuating move and the Vechain price traded between $0.0061 and $0.0064.

Recently, VeChain shows a slight fall in the price. A few hours ago, VeChain was dealing above the immediate resistance level at $0.0064. And now, the price is likely to fall, but as per the current momentum, the coin may trade around $0.062 in the near-term.

Resistance Level Price
R1 $0.006228
R2 $0.006553
R3 $0.006927
Support Level Price
S1 $0.005529
S2 $0.005155
S3 $0.00483

VeChain is a high potential coin, and it is recommended to opt for the long-term investment plan as it would bring colossal profit to the traders.

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.

Related Articles

Back to top button