VeChain

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>VeChain price prediction showcases the consolidation phase of VET crypto.</a> </li> 
 <li> <span>2</span> <a>VET crypto is trying to sustain at 20, 50 and 100-days DMAs to reach the 200-days daily moving average</a> </li> 
 <li> <span>3</span> <a>The pair of VET/BTC was at 0.0000006529 BTC with an intraday gain of 1.04%.</a> </li> 
</ul> 
<p>VeChain price prediction showcases the struggle of VET crypto to register its breakout from the primary resistance level. VET crypto needs to attract buyers in order to surge out of the neckline. Moreover, VeChain price has been facing sustainability issues to register its breakout as sellers have been trying to pull VET cryptocurrency towards the lower levels. Investors in VeChain crypto need to wait until the VET crypto price sustains at the neckline over the daily time frame chart.</p> 
<p>VeChain’s price was $0.0195380 and rose by 1.40% over the course of the day’s trade. Trading volume grew by 17.45% during the intraday trading session. This implies that buyers are attempting to record the breakout of VET cryptocurrency over the daily chart. The ratio of market capitalization to volume was 0.0247.</p> 
<h1 class="wp-block-heading" id="strong-will-vechain-price-sustain-or-get-detained-strong"><strong>Will VeChain Price Sustain or Get Detained?</strong></h1> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/bah0kBUJX9PfxdOa4Bf-iiWSvqa_7wzXheRNTB9n8e9YDBPOo1mgikQM4jtmuvblaWddRMeYiI23R9WcqmZC3ZsbaHGzhcgzzPT_1m9CTcTTtOeZkVTujEL1PWMnOuDnPVyTr6RxOsffCm0EurspMys" alt="VeChain Price Prediction: Lower Volume Scares VET Investors"> 
  <figcaption class="wp-element-caption">
    Source: VET/USD by <a href="https://www.tradingview.com/x/jon3eF5u/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>According to <a href="https://www.thecoinrepublic.com/2023/07/16/vechain-price-prediction-vet-seeks-stability-to-reach-0-025/" target="_blank" rel="noopener noreferrer nofollow">VeChain price prediction</a>, the token’s recovery phase began when it left the major resistance level. VET coin must maintain its present rate of accumulation in order to stay on the periphery of the horizontal range-bound region. The VeChain cryptocurrency has increased by about 23.56% so far, which suggests that 2023 may see the greatest comeback.</p> 
<p>In addition, the cost of VeChain rose by roughly 0.39 percent in a week and 18.5 percent in a month. This shows that 2023 will see the greatest comeback for the VET coin.</p> 
<p>Technical indications on the VET price chart indicate an upward trend. The relative strength indicator indicates that the price of VeChain is increasing rapidly. The RSI was getting close to the overbought zone at 55.&nbsp;</p> 
<p>The rising momentum of the VeChain price may be seen in MACD. A positive crossover between the MACD and signal lines is about to occur. Investors in the VET coin must hold off until the price of the cryptocurrency maintains its current price and continues to rise.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>VeChain price prediction demonstrates VET’s difficulty in breaking through the main resistance level. For VET coin to continue to accumulate at its current rate, it must remain outside the bounds of the horizontal range. A week later, and a month afterwards, VeChain’s price increased by around 0.39 percent and 18.5 percent, respectively. <a href="https://www.thecoinrepublic.com/2023/07/16/vechain-price-prediction-vet-seeks-stability-to-reach-0-025/" target="_blank" rel="noopener noreferrer nofollow">The VET price </a>chart’s technical indicators show a rising trend. Investors in the VET coin must wait until the cryptocurrency’s price maintains its present level and keeps rising.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Resistance Levels: $0.02032 and $0.02285</p> 
<p>Support Levels: $0.018929 and $0.018450</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

VeChain Price Prediction: Lower Volume Scares VET Investors

Table of Contents

Thecoinrepublic.com

Other articles published on Jul 22, 2023

Research Identifies CEXs’ Involvement in the Purchase of Fentanyl-Precursor Chemicals

Cardano Light Wallet ‘Eternl’ All Set to Release New Enhanced Version

SEC May Appeal XRP Ruling

Bitcoin Price Prediction: CEO of Morgan Creek Digital Predicts BTC Price To Surge 880%

Bundle to Discontinue Crypto Exchange Operations in Nigeria!

Coinlist Twitter Account Hacked, Fake Token Sale Announcement Made

Join our free newsletter for daily crypto updates!