VeChain News

Vechain (VET) on the Verge of Price Recovery


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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