- Vechain coin price is observing a downside momentum which can push the price to a new high. It is up by more than 2.78% in the intraday session.
- Technical indicators of Vechain suggest a strong downside momentum for the future. In contrast, VET/BTC pair has observed a loss of more than 0.25% in the intraday session.
VET coin price is currently observing a strong consolidation on the daily chart and can soon see a breakout above it. Vechain price is currently up by more than 2% and is trading near the value of $0.121. The hostile region of VET can be observed near $0.2, while going upwards. The support region of the asset price while going down can be seen near $0.1
Vechain price has observed a gain of more than 11% in the past week and can soon see more gains. The bull run can push the price of the asset to a new high in the future. One can forecast a strong upside momentum in the future. One can invest in VET as per their needs and risk adversity
VET market dominance along with the market cap is seeing a downtrend despite the correction in the last week. Vechain volume has seen a small growth in the past 24 hours. The volume to Market capitalization ratio of the asset price hints towards a bearish trend in price
VET Coin Price Observes A Weak Downtrend
The weekly technical chart of the Vechain price suggests a bearish momentum in the price for the future. VET price is currently trading above the 100 and 50 Moving Average, with an upcoming positive crossover in the future trading session. The correction in coin price may push it to test the lower support in the future. The bullish momentum of VET can see resistance while going upwards near the value of $0.13.. If the price of the asset sees a 15 to 20% momentum above the current level then a strong bullish trend can be seen. VET/BTC pair can also see a new low in the future
VET coin price is currently seeing a downside momentum and can soon push the price to a new low in the future.VET/BTC pair can also observe a new high in the upcoming days.