Despite these challenges, VET attempted a breakout Starting from the last week of October 2023, VeChain (VET) showed an upward trend, forming higher highs and lows until it hit the supply level at $0.0549 by early 2024.
However, the price faced resistance at this level, failing to break through after three attempts, and was pushed down by bearish p
Key stats
About VeChain
VeChain launched in 2018 as a proof of authority, blockchain-based software that aims to provide businesses with a more efficient means of data transfer, using a trust-free model in which the flow of information becomes transparent and easily accessible. In an increasingly globalized world, VeChain markets itself as a blockchain that streamlines the clunky processes involved with supply chains and data management. Its clients include Walmart, BMW, and luxury goods company LVMH. Alongside VET, its sister token VeChainThor (VTHO) is used to process smart contract transactions.
over the last five months is that VeChain (VET) has Seen SPThe price structure exhibited that in the VeChain (VET) price an upward trend was witnessed from the end of the week of October 2023. It built higher high peaks and lows until reaching the supply level at $0.0549.
The price made three unsuccessful attempts to surpass the resistance at the supply l
VeChain Price Behaviour Over The Daily Chart
Over the last five months, VeChain (VET) has experienced consistent profit-taking, which resulted in a 56% decline in its price. Meanwhile, this downward trend has led to a spree of lower lows, followed by horizontal support levels. A significant change in character level was noted at $0.033, mark
VeChain Price Rises From The Ashes: Can Bulls Keep The PaceVeChain Price Rises From The Ashes: Can Bulls Keep The Pace?
VeChain price took a rebound from bottom and Surged nearly 18% a week.
The Open Interest (OI) contracts have noted a 30% rise a week from $12 Million to $16 Million.
VeChain price made a strong comeback from the lower levels and jumped ne
price manages to jump from the support zoneThe price structure of the Vechain price has shown an upside trend from the end of the week of October 2023. It generated higher high peaks and lows until it reached the supply level at $0.0511.
The VET price made three unsuccessful attempts to move past the resistance at the supply level but fail
he price manages to jump from the lower boundaryThe price structure exhibits that the VeChain price was in an upward trend from the end week of October 2023. It built higher high peaks and lows until reaching the supply level at $0.0511.
The price made three unsuccessful attempts in order to surpass the resistance at the supply level but failed
VeChain token demonstrates bullish momentumThe price structure shows that the Vechain price was in an uptrend from October end of 2023, and it built a higher high and lows until it reached the supply level at $0.0510.
At the supply level, the price tried three times to surpass the hurdle but failed as bears pushed the price downwards and g
Vechain Price Prediction: Is VET Token Price Ready For A BreakouVechain is a layer 1 smart contract platform especially designed for the real world enterprise. It is focused on delivering incentive based sustainable dapps through its new platform VeBetter Dao. The protocol has always remained a driver of blockchain in business and is working continuously in that
The VET asset is showing bullish strengthThe VeChain token surge from the demand zone at $0.01600 to $0.05500 by February 2024. Along the way, the price broke through in-between resistance and has since displayed signs of sustained strength above key EMA's.
VeChain's recent price structure has shown signs of recovery as it spiked from a
VET/USDT Signals Bullish Momentum: Promising Upside Potential 👀💎"Heads up, Paradisers! VETUSDT (VeChain) is currently anchored in a highly advantageous demand zone, providing significant support to the price action. This robust demand level signifies substantial buying interest in the market, suggesting a potential price ascension.
💎After successfully securing
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of VeChain (VET) is 0.02802662 USD — it has fallen −5.42% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing VET price chart.
The current market capitalization of VeChain (VET) is 2.41 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
VeChain (VET) trading volume in 24 hours is 74.60 M USD. See how often other coins are traded in this list.
VeChain price has risen by 5.14% over the last week, its month performance shows a 12.56% increase, and as for the last year, VeChain has decreased by −22.08%. See more dynamics on VET price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
VeChain (VET) reached its highest price on Apr 17, 2021 — it amounted to 0.28230817 USD. Find more insights on the VET price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
VeChain (VET) reached the lowest price of 0.00143582 USD on Mar 13, 2020. View more VeChain dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of VeChain (VET) is 85.99 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
VeChain has the limit of 86.71 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying VET is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade VET right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for VeChain (VET): today its technical analysis shows the sell signal, and according to the 1 week rating VET shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in VeChain trading ideas and keep track of what's moving crypto markets with our crypto news feed.
VeChain (VET) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, VeChain is estimated as 15.35% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about VeChain, you can find more inspiration in our curated watchlists.
You can discuss VeChain (VET) with other users in our public chats, Minds or in the comments to Ideas.