Ethereum

VeChain

Bitcoin

April

<div class="coinjournal">
 <ul>
  <li dir="ltr">VeChain (VET) price was at $0.023, down 5% in the past 24 hours, while Ethereum (ETH) traded near $1,940.</li>
  <li dir="ltr">Both altcoins have retreated from recent highs amid profit deals and as Bitcoin drops below $36k.</li>
 </ul>
 <p dir="ltr">VeChain (<a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a>) broke higher earlier this month as the crypto sentiment around Bitcoin and Ethereum ETFs combined with other positive news to buoy buyers. <a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a> surged as high as $0.023, the cryptocurrency’s highest level since April 30.</p>
 <p dir="ltr">But in reaching a six-month high, VeChain welcomed profit takers amid similar struggles for crypto and equities. Indeed, <a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a>/USD is down 5% in the past 24 hours and nearly 8% this past week.&nbsp;</p>
 <p dir="ltr">VeChain’s 30-day gains are currently trimmed to just over 26% as price falls to $0.020.</p>
 <h2 dir="ltr" id="vechain-price-outlook-as-eth-eyes-major-support-area">VeChain price outlook as ETH eyes major support area</h2>
 <p dir="ltr">The struggles for VET price come as the top altcoin by market cap Ethereum battles to hold onto gains above $2k. Ether price is changing hands near $1,940 at the time of writing, down 3% in the past 24 hours and nearly 9% this past week.</p>
 <p dir="ltr"></p>
 <div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable" style="width: 100%"><span class="fr-img-wrap"><img decoding="async" src="https://cdn.thebittimes.com/images/2023/11/18/c883efc4a0595d787ff06a000cf7b6b6.webp" style="width: 100%" class="fr-fic fr-dib" width="600" height="260"><span class="fr-inner">Ethereum price chart</span></span></span>
  <p class="fr-img-space-wrap2">ETH touched highs of $2,136 on November 10, but has given up some of the gains as it fell to lows of $1,906. A return above the psychological $2,000 level is key to a bullish continuation. An analyst has predicted ETH could jump to $3,100.&nbsp;</p>
  <p class="fr-img-space-wrap2">If ETH/USD falls below $1.9k, its possible bears will target $1,740.</p>
 </div>
 <p dir="ltr">Looking at VeChain, we see a similar scenario where bulls are struggling to shed the sell-off pressure after prices spiked to multi-month highs.</p>
 <p dir="ltr"></p>
 <div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable" style="width: 100%"><span class="fr-img-wrap"><img decoding="async" loading="lazy" src="https://cdn.thebittimes.com/images/2023/11/18/2cfbe50e70c33e06b7a21c5b6355cd52.webp" style="width: 100%" class="fr-fic fr-dib" width="600" height="260"><span class="fr-inner">VeChain price chart</span></span></span>
  <p class="fr-img-space-wrap2">Just as with <a rel="noopener noreferrer nofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a>, <a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a>’s daily chart shows a negative outlook suggested by the RSI and MACD indicators. If <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> falls below $0.020, downside momentum could push the cryptocurrency to $0.018.&nbsp;</p>
 </div>
 <p dir="ltr">Further support could be found between $0.016 and $0.014.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/vechain-price-prediction-as-vet-mirrors-ethereum-eth-tbt70734.html">https://thebittimes.com/vechain-price-prediction-as-vet-mirrors-ethereum-eth-tbt70734.html</a></p>

VeChain price prediction as VET mirrors Ethereum (ETH)

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