VeChain price prediction indicates that the current price of VET is $0.020545, having experienced a 24-hour decrease of 3.16% and a 7-day decline of 8.68%. With a circulating supply of 80.99 billion VET and a trading volume of $85.99 billion, the market capitalization is $1.66 billion. The 50-day simple moving average (SMA) is $0.024876, and the 200-day SMA is $0.03349. The 14-day Relative Strength Index (RSI) is 36.92, indicating a bearish sentiment.
In April 2021, VeChain hit an all-time high of $0.282922, and in March 2020, it hit an all-time low of $0.00165. With a high volatility of 5.59%, the cryptocurrency is currently showing extreme fear in the market as measured by the fear-greed index, which is currently at 22. According to analyst predictions, the price may rise and, depending on market conditions, could range between $0.024 and $0.034 by the end of 2024.
Vechain Price Overview
| Cryptocurrency | Vechain |
| Token | VET |
| Price | $ 0.020545 |
| Price Change (24h) | -3.16% |
| Price Change (7d) | -8.68% |
| Market Cap | $ 1.66B |
| Trading Volume | $ 85.99B |
| 14-Day RSI | 36.92 |
| 50-Day SMA | $ 0.024876 |
| 200-Day SMA | $ 0.03349 |
| Circulating Supply | 80.99B |
| All-Time High | $0.282922 (April 19, 2021) |
| All-time Low | $0.00165 (March 13, 2020) |
| Volatility | 5.59% (High) |
| Fear-Greed Index | 22 (Extreme Fear) |
| Sentiment | Bearish |
| Green Days | 15/30 (50%) |
Vechain Yearly Price Prediction 2024 – 2030
| Year | Minimum Price | Maximum Price |
| 2024 | $0.0249 | $0.0260 |
| 2025 | $0.0313 | $0.0363 |
| 2026 | $0.0439 | $0.0538 |
| 2027 | $0.0615 | $0.0757 |
| 2028 | $0.0875 | $0.115 |
| 2029 | $0.134 | $0.157 |
| 2030 | $0.189 | $0.221 |
Vechain Price Predictions : 2024 – 2030
Forecasts for VeChain’s price indicate that it will rise steadily over the next few years, from a minimum of $0.0249 and a maximum of $0.0260 in 2024 to a minimum of $0.189 and a maximum of $0.221 by 2030. This increasing trend, which shows a promising long-term outlook for VET, includes projected increases to $0.0313 in 2025, $0.0439 in 2026, and notable surges in the years that follow.
VeChain Price Prediction 2024
According to projections, VET will trade for a minimum of $0.0249 and a maximum of $0.0260 in 2024, indicating a comparatively stable price range.
VeChain Price Prediction 2025
The lowest price is anticipated to increase to $0.0313 by 2025, while the highest price may reach $0.0363, indicating a moderate increase in value from the year before.
VeChain Price Prediction 2026
With a minimum price of $0.0439 and a maximum price of $0.0538 in 2026, the price range is expected to widen even more, indicating a more substantial rise in the value of VET.
VeChain Price Prediction 2027
With a minimum price of $0.0615 and a maximum price of $0.0757 in 2027, the upward trend is still present, indicating a significant increase in value over the prior years.
VeChain Price Prediction 2028
VET is anticipated to see a significant price increase in 2028, with a minimum price of $0.0875 and a maximum price of $0.115, indicating a successful market performance.
VeChain Price Prediction 2029
The price range is anticipated to increase significantly from $0.134 to $0.157 by 2029, indicating a substantial increase in the value of VET over the preceding years.
VeChain Price Prediction 2030
Ultimately, it is anticipated that in 2030, the lowest price will be $0.189 and the highest price may be $0.221, indicating a significant long-term increase in the value of VET.
Can I buy or sell Vechain now ?
It might not be the ideal moment to buy or sell VeChain given the state of the market and projections for the price of the cryptocurrency:
- With 50% green days over the previous 30 days and a bearish sentiment, VET is currently trading at $0.027994.
- Vechain price prediction as of August 2024 range from $0.027041 (down 4.54%) to $0.022062 (down 3.34%), indicating potential short-term declines.
- More optimistic long-term estimates for VeChain prices are $0.2100 by the end of 2030 and $0.049101 by 2030 (up 5%).
It could be wise to hold off on making any VeChain buy or sell decisions until there are more definite indications of a trend reversal, given the possibility of short-term price drops, long-term prospects are still favorable for vechain prices
VeChain Price Forecast for Next 30 Days
VeChain price prediction for September 6, 2024 suggests a minimum price of $0.020998, remaining unchanged from the previous day. The price is expected to stay relatively stable on September 7 at $0.020999 (0.00%). On September 8, the trend changes, with a minimum price prediction of $0.020433, a decrease of 2.69%. The current downward trend reached its lowest points on September 12 (-8.10%) and September 11 (-5.68%) at $0.019806 and $0.019297, respectively.
On September 19, a minor rebound is expected, with the price hitting $0.020625 (-1.78%), and on September 20, $0.020958 (-0.19%). On September 21, the price is predicted to surpass $0.021 and reach $0.021356 (+1.70%) and $0.021517 (+2.47%) on September 22. From September 25 to September 28, the price swings between $0.021247 and $0.020775, suggesting a neutral market sentiment. On September 29, though, the price starts to decline again, falling to $0.020406 (-2.82%) and $0.020057 (-4.48%) on October 4.
| Date | Minimum Price | Change |
| Sep 6, 2024 | $0.020998 | 0.00% |
| Sep 7, 2024 | $0.020999 | 0.00% |
| Sep 8, 2024 | $0.020433 | -2.69% |
| Sep 9, 2024 | $0.020471 | -2.51% |
| Sep 10, 2024 | $0.020551 | -2.13% |
| Sep 11, 2024 | $0.019806 | -5.68% |
| Sep 12, 2024 | $0.019297 | -8.10% |
| Sep 13, 2024 | $0.019381 | -7.70% |
| Sep 14, 2024 | $0.019599 | -6.66% |
| Sep 15, 2024 | $0.019873 | -5.36% |
| Sep 16, 2024 | $0.019843 | -5.50% |
| Sep 17, 2024 | $0.020244 | -3.59% |
| Sep 18, 2024 | $0.020171 | -3.94% |
| Sep 19, 2024 | $0.020625 | -1.78% |
| Sep 20, 2024 | $0.020958 | -0.19% |
| Sep 21, 2024 | $0.021356 | 1.70% |
| Sep 22, 2024 | $0.021517 | 2.47% |
| Sep 23, 2024 | $0.021271 | 1.30% |
| Sep 24, 2024 | $0.021157 | 0.76% |
| Sep 25, 2024 | $0.021247 | 1.18% |
| Sep 26, 2024 | $0.021283 | 1.35% |
| Sep 27, 2024 | $0.021216 | 1.04% |
| Sep 28, 2024 | $0.020775 | -1.06% |
| Sep 29, 2024 | $0.020406 | -2.82% |
| Sep 30, 2024 | $0.020457 | -2.58% |
| Oct 1, 2024 | $0.020501 | -2.37% |
| Oct 2, 2024 | $0.020368 | -3.00% |
| Oct 3, 2024 | $0.020107 | -4.25% |
| Oct 4, 2024 | $0.020057 | -4.48% |
| Oct 5, 2024 | $0.020412 | -2.79% |
| Oct 6, 2024 | $0.020245 | -2.74% |
Price History of VeChain
Since its launch, VeChain (VET) has seen considerable price swings, with notable highs and lows that correspond with both general market trends and particular advancements within its ecosystem.
All time Low – On March 13, 2020, VeChain’s lowest known price was $0.00165. The COVID-19 pandemic’s early effects, which caused widespread market panic and sell-offs of all asset classes, including cryptocurrencies, defined this time. Many altcoins saw tremendous price drops and volatility during this period as investors tried to sell off holdings in reaction to the shaky economic climate.
All time high : On April 19, 2021, VeChain hit an all-time high of $0.282922. This peak was followed by a more general rally in the cryptocurrency market, which was fueled by growing institutional interest and the expanding use of blockchain technology in a variety of industries. VeChain’s partnerships and supply chain management use cases, which established the company as a pioneer in offering blockchain solutions for practical applications, contributed to the boom.
Technical Analysis of VeChain (VET)
The technical analysis for VeChain (VET) indicates a bearish trend, with the price showing recent declines. The current price action suggests that VET is facing resistance around key levels, and it has struggled to maintain upward momentum.
The moving averages indicate that the short-term trend is below the long-term trend, reinforcing the bearish sentiment. The Relative Strength Index (RSI) is hovering around the neutral zone, suggesting that VET is neither overbought nor oversold but may be approaching oversold conditions. Volume analysis shows a decrease in trading activity, which could signal a lack of conviction among buyers. Overall, the market sentiment remains cautious, and without a significant shift in buying pressure, VeChain may continue to face challenges in reversing its current downward trajectory.
VET Coin Price Prediction: Expert’s Opinion
Based on our updated VeChain price prediction, achieving long-term gains will be challenging in the current market conditions. The VET coin price is anticipated to reach $0.081 by the end of 2024.
Wallet Investor
With a bullish view on Vechain, Digital Coin price prediction hints at a strong closing in 2024. VeChain price is expected to reach around $0.0807 by the end of 2024.
Digital Coin Price
Using the latest data from crypto predictions, the VeChain price prediction done expects the buyers to reclaim trend momentum. This will put the VET token price at $0.04791 by the end of 2024.
Crypto Predictions
From a long-term perspective, the Long forecast gives an immensely bullish prediction. The VET coin price prediction expects a high of $0.133 by the end of 2025. On a shorter road, the VeChain price prediction expects 2024 to end at $0.088.
Long Forecast
Maintaining a bullish record of predictions, the VeChain price prediction by GOV Capital expects a rally in 2025. It reveals the price of the VET coin is likely to hit $0.10411 by the mid-December.
FAQs
What Makes VeChain (VET) Unique?
Vechain’s draws its USP due to its enterprise-focused approach, partnerships, supply chain use cases, and scalable blockchain infrastructure making it unique from other cryptocurrencies
What are key influencing factors for VeChain (VET) price ?
Vechain price predictions are based on factors such as Supply and demand dynamics, which can be impacted by real-world events, regulations, enterprise adoption, and fundamental events
Is it profitable to invest in VeChain?
As per analysis on VeChain predictions, It has the potential to see significant price appreciation in the long-term, with predictions of the price scaling upto 284.51% by 2025
What are the risks in VeChain price predictions?
VeChain price projections involves risks such as abrupt changes in the market, modifications to laws and regulations, shifts in the macroeconomic environment, and rapid advancements in technology that can quickly make a product outdated
Can VeChain crash to zero?
VeChain (VET) is unlikely to crash to zero, as the project’s fundamentals and market dynamics indicate a more stable outlook despite current investment risks.
What is the Vechain price prediction for the next bull run?
The VeChain price prediction for the next bull run suggests that it could reach a high of around $1.035 by 2030, depending on platform development and market conditions.
