- VeChain price rises marginally overnight
- VET/USD might test $0.00372 as a key resistance
VeChain has been up by a meagre 0.84% from yesterday and the price is still hovering around $0.0035. The three price swings have given the price trend a range between $0.00369551 and $0.00345734.
VeChain Shows Volatility with Support Near $0.00356
Yesterday, VeChain price was spotted around $0.00355496 in the initial hours and over the next 10 hours and 47 minutes, it went on to add 2.98% and reached $0.00366090. It was followed by a sharp decline of 5.56% that pushed the VET price to $0.00345734, marking the lowest of the day. From there, the currency started showing signs of strength and achieved a 6.87% surge by 00:20 UTC, today. The last swing added $0.0002 and pushed the VET price to $0.00369551.
The market cap of VeChain has, however, faced a block over the said time frame. Between October 14 and 15, the Mcap has been down from 202.084 million USD to 199.873 million USD.
VET’s 50-day average is currently at 0.00388616 USD and 20-day average is going at 0.00356084 USD. The current price trend is 7.7% below the 50-day average and it is 0.68% above the 20-day average line. However, go through the updated VeChain price prediction, so that you will get to know about the further changes that happen in the future price of the coin before it occurs.
| VeChain (VET) | Resistance and Support Levels- |
| 1st Resistance | $0.003685333 |
| 2nd Resistance | $0.003726667 |
| 3rd Resistance | $0.003809333 |
| 1st Support Level | $0.003561333 |
| 2nd Support Level | $0.003478667 |
| 3rd Support Level | $0.003437333 |
