VeChain News

VeChain Records 0.84% Jump; Resistance Seems Possible at $0.00372

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  • VeChain rises by 0.84% over the last 24 hours.
  • The next resistance is expected to come at 0.00372 USD.

VeChain has been up by a marginal 0.84% over the last 24 hours and the value is still hovering around 0.0035 USD. The three price swings have given the price trend a range between 0.00369551 USD and 0.00345734 USD.

VET Price Analysis:

VET opened the day trading at 0.00355496 USD and over the next 10 hours and 47 minutes, it went on to add 2.98% and reached 0.00366090 USD. It was followed by a steep decline of 5.56% that pushed the value to 0.00345734 USD, marking the lowest of the day. From there VET started showing signs of strength and achieved a 6.87% hike by 00:20 UTC, today. The last swing added 0.0002 USD to the value and pushed VET to 0.00369551 USD.

The market cap of VET has, however, faced a block over the said 24 hours. Between October 14 and 15, the market cap has been down from 202.084 million USD to 199.873 million USD.

VeChain Price Chart

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. The next resistance for VET is expected to come at 0.00372 USD.

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

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