- The VeChain crypto is in a downtrend, around -3.7%, during the intraday trading session.
- The 24-hour trading volume is at $378 million.
- VET/BTC pair is trading positive by -2.9% at 0.00000243 BTC.
Daily technical chart and price trend of VeChain crypto are showing a downward trend. Based on the pivot level, the first support zone is 0.09 USD. From another perspective, if it rushes, the resistance level to watch is 0.15 USD. Thus, the graph made a Doji candle pattern during the day, and the cost is relied upon to remain sideways with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost breaks below the green ribbon, so it will guarantee an upswing in VET until the cost dwells above.
Trading volume (1.700 M) is underneath the 20-day moving average (3.573 M). To put it plainly, the volume is moderate, making the cost struggle around the pivot levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is typical in the following trading days.
The Schaff Trend Cycle indicator (bearish) with a 0.22 represents a sell signal in the coin, projecting a downtrend. Additionally, Investors can see a red sell signal and a downward slope in the index.
VeChain Crypto Shows Stability Above $0.10
VeChain price today is $ 0.116735 with a 24-hour trading volume of $ 378,189,863. The cost of VET has fallen by -3.7% in the last 24 hours. It has a circulating quantity of 67 billion VET coins and a total supply of 86.7 billion. The STC points to a selling indication, and the traders have prompted moderate volume. In fact, the cost is struggling over the pivot regions and proceeds in a downturn. In like manner, with the general market perspective, the pattern stays bearish for coming trading days.
Resistance Level: $0.15
Support Level: $0.09