The cryptocurrencies are known for their volatility. The hasty moving coins are also spotted, improving their momentum in the market. VeChain reflects moderate volatility. In the recent plunge, the currency has managed to deteriorate the loss to marginal value. Since yesterday, VET coin has moved from $0.0071 to now at $0.0065. The current drop is speculated to improve soon.
VET Price Prediction
Yesterday, VeChain coin started dealing at $0.00695 and then, it escalated to $0.00710 at 00:40 UTC. In the next two hours, the price was at $0.00679. The currency locked itself around the same level till 07:45 UTC. The price improved to $0.0070, and further, the price was seen at $0.00734 at 13:35 UTC. VET coin price couldn’t hold itself for long and dropped to $0.00670. Amid the ups and downs, the currency closed the day at $0.00677. Today, the coin held itself tight at $0.00670 till 05:12 UTC. VeChain price dropped to $0.00638, but recently, it improved to $0.00666 again.
As per Trade99’s analysts, the coming period is likely to carry regression in the price of the coin. The current price of the VET coin is $0.00654. The price is almost near the immediate resistance level at $0.00652, but as per the ongoing trend, it may trade downwards.
R1:$ 0.007085 R2:$ 0.00745 R3:$ 0.00765
S1:$ 0.00652 S2:$ 0.00632 S3:$ 0.005955