VeChain

<ul><li>VeChain (VET) faces a critical challenge with the 200 EMA, a key resistance since November 18.</li><li>Monitoring Fibonacci levels and EMA resistances is crucial for traders navigating VeChain&#39;s complex market landscape.</li><li>Reclaiming the 7 cents mark and the 9-10 cents supply zone is essential for a substantial trend reversal in VET&#39;s price.</li></ul>In the world of cryptocurrency, VeChain (VET) has been <a href="https://cryptotale.org/coinbase-to-add-support-for-vet-and-vtho-on-the-vechain-network/" rel="noopener noreferrer nofollow">capturing</a> the attention of investors and traders alike. This layer-1 smart contract platform has a unique focus on transparency in business operations, particularly within the supply chain sector. As it navigates through a volatile market, understanding its price movements and key levels is crucial for anyone looking to capitalize on potential opportunities.Currently priced at <a href="https://www.coingecko.com/en/coins/vechain" rel="noopener noreferrer nofollow">$0.01723242</a>, VeChain has experienced a 24-hour price decline of -2.16%, but it has seen a 3.85% increase over the past 7 days. With a circulating supply of 73 billion VET, the market cap stands at $1.2B.One notable aspect to consider is the Fibonacci retracement levels, which are vital indicators for traders. The .618 level has been reached, as pointed out by CryptoBusy through a tweet, a prominent cryptocurrency analysis and news source.Read full article at<a href="https://cryptotale.org/vet-vs-200-ema-the-battle-for-vechains-trend-reversal/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

VET vs. 200 EMA: The Battle for VeChain's Trend Reversal

CryptoTale

2023년 10월 3일에 게재된 다른 기사

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