VeChain

bullish

Coin

<ul class="wp-block-list news-points">
 <li>VeChain shows strong investor interest with 93.39% of its supply actively traded.</li>
 <li>Current price action indicates volatility, with key support at $0.0216 for VET.</li>
 <li>Trading volume rose 2.72%, signaling bullish sentiment and potential upward momentum.</li>
</ul>
VeChain (VET) is currently trading at <a href="https://coinmarketcap.com/currencies/vechain/" target="_blank" rel="noopener noreferrer nofollow">$0.02242</a>, up 0.70% in the last 24 hours. With a market capitalization of approximately $1.81 billion and a trading volume of around $21.61 million, VeChain continues to attract investor interest.
VeChain’s price has fluctuated in the short term. Earlier today, <a href="https://coinedition.com/vechain-vet-trends-on-google-is-this-a-sign-of-growing-investor-interest/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">VET</a> dipped below $0.0220 but rebounded to its current level of $0.02242. These fluctuations show a market that is actively responding to various factors.
The recent dip to approximately $0.0216 has become a crucial support level, with the price bouncing back from this point. This suggests that investors see this level as a buying opportunity.
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="512" height="238" src="https://coinedition.com/wp-content/uploads/2024/10/unnamed-56.png" alt="" class="wp-image-521409" srcset="https://coinedition.com/wp-content/uploads/2024/10/unnamed-56.png 512w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-300x139.png 300w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-380x177.png 380w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-159x74.png 159w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-440x205.png 440w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-414x192.png 414w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-326x152.png 326w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-377x175.png 377w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-123x57.png 123w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-56-129x60.png 129w" sizes="(max-width: 512px) 100vw, 512px">
 <figcaption class="wp-element-caption">
 Source: Coinmarketcap
 </figcaption>
 </figure>
</div>
On the upside, VeChain is currently testing minor resistance around $0.0224. If this level breaks, the next significant target could be around $0.0226, where the price last peaked. Watching these technical levels is vital for anticipating potential price …
The post <a href="https://coinedition.com/heres-why-vechains-recent-rebound-could-signal-a-bullish-turn-above-0-0224/" rel="noopener noreferrer nofollow">Here’s Why VeChain’s Recent Rebound Could Signal a Bullish Turn Above $0.0224</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Here’s Why VeChain’s Recent Rebound Could Signal a Bullish Turn Above $0.0224

Coin Edition

Other articles published on Oct 4, 2024

Hackers have started using AI to churn out malware

Polkadot (DOT) Rival Poised to Hit $10 Faster Than Expected – Here’s Why

Crypto Bull Run Delayed? $200B Wiped Out Amid Global Tensions

MicroStrategy Acquires 7,420 More Bitcoin, Bringing Total Holdings to 252,220 BTC

Binance Secures Regulatory Approval in Argentina, Offering Full Crypto Services to Local Users

Qubetics Rises as Top Crypto Presale in 2024, EarthMeta and Internet Computer Consolidate Ahead o...

Join our free newsletter for daily crypto updates!