VeChain is counted among the popular coins in the market. The coin has previously exhibited great potential, and we are looking forward to a similar trend in the upcoming days. The current momentum of the VET coin is amazing. It is speculated that the same would invite the much-awaited rally in the coin soon. The intraday traders are likely to close with a hefty profit. The upsurge in the coin is likely to stay for a while.
VET/USD Price Chart:
VeChain coin was dealing at $0.005436 on January 06, and on the next day, the price escalated to $0.005771 by 6.17% hike. In the next couple of days, the VET price dropped to $0.00525 with a loss of 9.58%. The price improved to $0.00545 by 6.56% and then it dropped to $0.00533 by 3.99%. Later, VeChain marked a steep hike of 15.40% and reached to $0.00615 at 11:00 UTC on January 15.
After this massive hike, the currency spotted trading downwards, and in the next few days, it reached $0.00572 by a 7% fall. There was again a recovery spotted in VeChain that brought the price to $0.00649 by 13.48%. However, the coin couldn’t hold itself at this level and dropped to $0.005758 by 11.14%. The VET coin was trading at this level for some days. Later, the price slipped to $0.005388 by 10.32% by 14:00 UTC on January 23.
In the next five days, the price escalated to $0.00595 by 10.51%. The last couple of days of January brought the VET price to $0.00552 by 7.19%. February brought the VeChain price to $0.00665 by an enormous hike of 20.5%. The coin might breach the immediate resistance level at $0.00669.