VeChain is trading with an uptrend since yesterday. The astounding improvement in the price was long-awaited by the traders. The upsurge in the VET coin has spike hope among the traders for a better closing of the year in VeChain cryptocurrency.
If we look at yesterday’s price movement, the coin touched a high at $0.006179 and a low at $0.005480. The coin seems to breach all yesterday’s high counters today.
VeChain Price Prediction
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Yesterday, VeChain coin started trading at $0.005954. The price slipped to $0.005401 by 9.24%. The coin locked itself at the same level for some time. However, the VET price escalated to $0.005940 from $0.0054 by 7.34%. Then, the price slipped again to $0.0054 by 8.61%. There was an improvement in the currency that took VeChain price to $0.006004 by 10.11%. After this hike, the currency again held the position tightly at the same level. Then, the VET coin price moved to $0.0069993 by a massive hike of 16.84%. The closing hour brought the price to $0.006140. The intraday movement in the currency reflected a 3.24% progression in the price. Today, VeChain started with a fluctuating move and the Vechain price traded between $0.0061 and $0.0064.
Recently, VeChain shows a slight fall in the price. A few hours ago, VeChain was dealing above the immediate resistance level at $0.0064. And now, the price is likely to fall, but as per the current momentum, the coin may trade around $0.062 in the near-term.
| Resistance Level | Price |
| R1 | $0.006228 |
| R2 | $0.006553 |
| R3 | $0.006927 |
| Support Level | Price |
| S1 | $0.005529 |
| S2 | $0.005155 |
| S3 | $0.00483 |
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VeChain is a high potential coin, and it is recommended to opt for the long-term investment plan as it would bring colossal profit to the traders.
