- The VeChain crypto price has surpassed the significant moving average, which indicates the bullish dominance.
- The RSI is at 53 and it has rapidly declined from the overbought zone.
Explore the short and medium-term VeChain (VET) price prediction and check the long-term price forecast for 2025, 2026 – 2031, and beyond.
Current Price – $0.033 (2.39%) Volatility – 8.50%
Price Prediction – $0.032 (-0.82%) Fear & Greed Index – 76 (greed)
Market cap – $2.41 billion Green Days – 14/30 (47%)
Volume – $89.62 million RSI – 53.82
Sentiment – Bullish 200-day EMA – $0.023
The fear & greed index is 76 (greed) and the volatility is 8.50%. The VET price has remained bullish for 14 days out of the past 30 days. According to our analysis, the VET price is predicted to fall 0.82% to reach $0.032 by January 14, 2024.
The VeChain price is at $0.033 and it has risen by 2.39% in the past 24 hours. The market capitalization is $2.41 billion and the trading volume is $89.62 million.
The circulating supply of VeChain crypto is 72,714,516,834 VET and the fully diluted market cap is $2,859,580,322. The maximum and the total supply is 85,985,041,177 VET.
VeChain Price Prediction Based on Technical Analysis
According to the data on January 11, 2024, the VET price prediction sentiment is bullish with 27 technical indicators giving a bullish signal while only 2 are giving a bearish signal. According to this data, the VET price may perform with strong bullishness for the next few days.
VeChain Price Technical Analysis Over 1-D Timeframe
The VeChain price has been in a strong bullish trend and witnessed weakness near the $0.0400 hurdle. A short-term profit booking was observed near this level and then the price bounced back from the support level of $0.0280.
If the VeChain price manages to surpass the last swing high then a 52-week high can be achieved and the price may fly higher. On the other hand, if the VET price slips below the strong support level of $0.0280 and sustains, the sellers may dominate and previous gains may be eroded.
Currently, the VET coin price is heading toward the last swing high. If the price fails to surpass the last swing high and forms a strong negative candle, then it may form a double-top pattern and a sharp fall can be expected.
VeChain Price Prediction FAQs
What is the VeChain price prediction today?
The VeChain price is predicted to gain 3.42% to reach $0.0337 by today.
What is the VeChain price prediction for tomorrow?
According to our analysis, the VeChain price will gain 10.29% to reach $0.0359 by tomorrow.
What is the VeChain price prediction for 2024?
The VeChain price is predicted to range between $0.0302 and $0.1275 in 2024. The VeChain price would have to gain 279% to reach the upper target.
Will the VeChain price reach $1?
The VET price needs to gain 2,877.50% to reach $1. According to our algorithm, the VET price will hit $1 by February 2048.
Will the VeChain price reach $10?
The VeChain price would have to gain 28,775.00% to reach $10. Based on our analysis, the VET price will reach $10 by September 2052.
Conclusion
The VeChain price chart has displayed bullish dominance in the past few months. The VET price has witnessed profit booking from the 52-week high. According to the analysts, the VET price will remain bullish above the $0.0300 level.
Technical levels
Resistance: $0.0380 & $0.0450
Support: $0.0280 & $0.0190
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.