VeChain (VET) price has seen a lot of price movements over the past two months. The bears had the upper hand since mid-February till mid-March, but then the currency fought back and has shown an upward trend March 13. The price of VET coin was seen fluctuating between $0.0015 – $0.0085.
VeChain has seen its price being pushed down from a high by the bears and its steadfast recovery all in a matter of 2 months. Around mid-February, the coin was trading with bullish influence and spotted around $0.0085, but after hitting $0.0085, the VET price marked price correction, and the continual bear pressure took the price to a low of $0.001516 on March 13.
After this massive correction, VeChain managed a strong recovery and has been on a continual uptrend since then. This has seen the price of the coin rise to a high of $0.0047 on April 10. Later, the currency continues to reflect an upward momentum, but today, after hitting its key resistance at $0.0051, the coin corrects down to $0.004476.
VET coin has already breached its crucial resistance level, and if it continues to trade with positive momentum, it might cross its major resistance by $0.0071 in the upcoming days. However, as per the current momentum, it might correct down to its support around $0.0040 mark.