VeChain News

Vechain (VET) on the Verge of Price Recovery

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VeChain will be opening the registrations for BUILDer Assembly event, which is going to be held on November 1, 2019. Let’s hope that die-hard VET followers will not miss this opportunity to explore and un-turn exciting pages of VET.

Considering the price movement from the last 4 days, VET coin was initially seen trading at $0.003542 on October 4 at 20:10 UTC. VeChain price from then dropped by 7.63%, and it reached to $0.003272. The price of VET coin from then escalated by 11.99% to the highest touch point of $0.003665 today at 02:15 UTC. The value from then dropped slightly by 5.57% as of now.

VeChain Price Chart

VeChain Price Prediction:

VET coin price is seen trending downwards as well, just like major altcoins in the crypto network. Considering the short-term prognosis, the value might further drop from the current value. The wiser trade decision lies in analyzing the VeChain movement for a while. Conversely, on the upside, it may reach up to its next resistance of $0.0036.

The long-term movement might support a similar trend as the coin is trading downwards from last few months with some in-between peep-ups. VET currency is crucial as of now where traders might lose returns in the long-term movement as well. The resistance and support levels might help the traders to avoid further losses. It is calculated as below:

R1: $0.003543, R2: $0.003607 and R3: $0.003717

S1: $0.003369, S2: $0.003254 and S3: $0.003195

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