At this moment, VeChain changes hands at $0.021768, gaining 2.11% in the last 24 hours and losing 1.73% during the week’s timeframe. The total market capitalization has reached approximately $1.66 billion, while the trading volume has come to around $85.99 billion. As much as 80.99 billion tokens are currently in circulation. As for the indicators, the 14-day RSI stands at 45.59, which means it is neutral, while the Fear-Greed Index shows 31, representing ‘fear’.
Historical evidence, if we go back as far as April 2021, VeChain was trading as high as $0.282922, while in March 2020, it changed hands as low as $0.00165. The 50-day SMA stands at $0.023789 and the 200-day SMA at $0.032896, with 57% of the last 30 days in green, reflecting the bearish trend in the market.
The outlooks with different VeChain price predictions are cautiously optimistic. Through the end of 2024, forecasts place VET at $0.020101 and $0.08483, respectively, with a potential of high increases. The minimum price of the AVAX coin might be about $0.0334, while the maximum may reach $0.0395, and at an average, it will trade around $0.0346 in 2025.
Generally speaking, despite recent volatility in the trends, the price forecast for VeChain remains optimistic, courtesy of continued developments and an ever-growing adoption of the VeChain platform across a variety of sectors. Investors must closely observe the market conditions to arrive at rational decisions on VET.
Vechain Price Overview
Cryptocurrency | Vechain |
Token | VET |
Price | $ 0.021768 |
Price Change (24h) | +2.11% |
Price Change (7d) | -1.73% |
Market Cap | $ 1.66B |
Trading Volume | $ 85.99B |
14-Day RSI | 45.59 |
50-Day SMA | $ 0.023789 |
200-Day SMA | $ 0.032896 |
Circulating Supply | 80.99B |
All-Time High | $0.282922 (April 19, 2021) |
All-time Low | $0.00165 (March 13, 2020) |
Volatility | 6.91% (High) |
Fear-Greed Index | 31 (Fear) |
Sentiment | Bearish |
Green Days | 17/30 (57%) |
Vechain Yearly Price Prediction 2024 – 2030
Year | Minimum Price | Maximum Price |
2024 | $0.0249 | $0.0260 |
2025 | $ 0.020133 | $ 0.085271 |
2026 | $ 0.019621 | $ 0.040926 |
2027 | $ 0.017681 | $ 0.022223 |
2028 | $ 0.018058 | $ 0.027496 |
2029 | $ 0.015489 | $ 0.167486 |
2030 | $ 0.0149 | $ 0.074 |
Vechain Price Predictions : 2024 – 2030
These projections imply that VeChain, or VET, will have cautious optimism, probably with volatility going into the next couple of years, since this market dynamic is being tugged in different directions by ecosystem development.
VeChain Price Forecast 2024
The minimum value is likely to be $0.0249 and the maximum, $0.0260. According to analysts, VeChain will have a year of cautious recovery.
VeChain Price Prediction 2025
It is anticipated that the price will range from $0.020133 minimum to $0.085271 maximum. This indicates the feeling of growth optimism with the expansion of the ecosystem.
VeChain Price Prediction 2026
The minimum value is predicted to be $0.019621, and the maximum value is expected to be as high as $0.040926. This year may show moderate growth when the market gets stabilized.
VeChain Coin Price Prediction 2027
The minimum price is expected to be $0.017681 and a high of $0.022223. There may be certain obstacles in the market which slow downs the growth of the price.
VeChain Coin Price Forecast 2028
It is expected that the minimum value will be $0.018058, while the maximum value will be $0.027496, which may reflect slight recovery.
VeChain Price 2029
The minimum price will be $0.015489 and the maximum price will be $0.167486, showing high volatility and room for growth.
VeChain Price Forecast 2030
The minimum price for this year is $0.0149 and the maximum is $0.074; it is a conservative forecast as the market gets to maturity.
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 had been on a bullish trend for weeks. The lowest price recorded was $0.019806 on September 11, 2024, which indicates a drop of 5.68%. Later the price continued to decline as low as $0.019845 on October 8, 2024, and finally at $0.020954 on October 10, 2024, indicating a slide for the day of 2.48%.
Despite all the bearish sentiment, the VeChain price prediction brings in the potential to recover over the coming months. According to analysts, VET can stabilize and grow within the range of $0.0349-$0.0632 by December 2024 for an average of $0.0490. In 2025, the projections could go up, with VET projected to trade between $0.059 and $0.091.
The long-term projection for VeChain in 2030 is believed to be around $0.231 as the maximum price, with continuous development in its ecosystem and a growing adoption rate across industries. Investors should pay close attention to market trends to make more informed decisions concerning VET, as things are turning volatile.
Date | Minimum Price | Change |
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% |
Oct 7, 2024 | $0.019868 | -4.36% |
Oct 8, 2024 | $0.019845 | -4.39% |
Oct 9, 2024 | $0.020845 | -4.47% |
Oct 10, 2024 | $0.020954 | -2.48% |
Oct 11, 2024 | $0.021376 | -2.42% |
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.