VeChain

<div class="coinjournal"> 
 <ul> 
 <li dir="ltr">VeChain’s VET looks poised as profit taking threatens bulls.</li> 
 <li dir="ltr">VET price rose sharply after Coinbase announced it would list VET and VeThor (VTHO).</li> 
 </ul> 
 Ve<a rel="dofollow" title="Category Chain news" href="https://thebittimes.com/chain-news.html">Chain news</a> yesterday was all about the coin’s <a rel="dofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> on <a rel="dofollow" title="Coinbase" href="https://thebittimes.com/tag/coinbase.html">Coinbase</a> and its potential impact on the <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of VeChain’s naive token <a rel="dofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a>. 
 While VET, as well as the blockchain ecosystem’s VeThor (VTHO), are battling to keep sellers at bay, the short term outlook suggests a potential flip higher. The sentiment across the broader crypto market could help VeChain price if bulls manage to hold above $0.015. 
 <h2 dir="ltr" id="coinbase-lists-vet-and-vtho">Coinbase lists VET and VTHO</h2> 
 VeChain rose nearly 10% as the market reacted to news of trading support for the token on major crypto exchange Coinbase.&nbsp; 
 The publicly-traded crypto company has over 100 million users and its listing of new tradable assets has often resulted in a spike in the price of the given cryptocurrency. The VeChain team said in a post on X that the listing is a great step towards mass adoption. 
 Coinbase added VET/USD and VTHO/USD pairs. 
 
 <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 Trading will begin on or after 9:30 AM PT on 13 Sept 2023, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our VET-USD and VTHO-USD trading pairs will launch in phases. 
 — Coinbase Assets 🛡️ (@CoinbaseAssets) September 12, 2023
 </blockquote> 
 
 As highlighted by market intelligence and data analytics platform Santiment, VeChain’s native asset’s gains were also replicated, albeit more significantly, by VTHO. 
 
 <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 🥳 #VeChain $<a rel="dofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a> is +9.4% and #VeThor $VTHO is +73.9% since their @<a rel="dofollow" title="Coinbase" href="https://thebittimes.com/tag/coinbase.html">Coinbase</a> <a rel="dofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> news hit a bit over 1 day ago. As the top two current trending assets in #crypto, $VTHO is understandably taking volume from $<a rel="dofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a> as its gains have been far more notable. https://t.co/UQHo9JCa4r pic.twitter.com/Lw8ZK7kr1P 
 — Santiment (@santimentfeed) September 14, 2023
 </blockquote> 
 
 <h2 dir="ltr" id="vet-price-hits-resistance-at-key-level">VET price hits resistance at key level</h2> 
 With VeChain’s recent development milestones – particularly on key partnerships for interoperability, healthcare, supply chain management and environmental sustainability – it appears bulls have what could be crucial in terms of pushing prices higher. 
 <div class="fr-img-space-wrap">
 <img decoding="async" src="https://cdn.thebittimes.com/images/2023/09/14/523489b63799316d68ec157fefc1ec1b.webp" style="width: 100%" class="fr-fic fr-dib" width="700" height="267">Vechain price chart. Source:&nbsp;TradingView 
 As such, the intraday high of $0.0168 could be critical as it is an area where bears dominated when prices fell in June and in mid-August.&nbsp; 
 In June, VET/USD bounced 50% from around $0.014 to $0.021. What this suggests is that a bullish flip has the potential to return VeChain’s price to the $0.02 area, a scenario likely given the MACD and daily RSI. 
 </div> 
 On the flipside, profit-taking at current prices coupled with fresh declines for the mega caps could trigger further losses for VET. The key price levels to watch in this case would be $0.014 and $0.013. 
</div>
Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/vechain-price-vet-outlook-after-coinbase-listing-news-tbt62767.html">https://thebittimes.com/vechain-price-vet-outlook-after-coinbase-listing-news-tbt62767.html</a>

VeChain price: VET outlook after Coinbase listing news

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