Vechain Price Prediction: Long-term (VET) Value Forecast – July 13
- The coin fluctuates between the levels of $0.00600 and $0.00900.
- The price has a choppy ccprice. The support and resistance level cannot be determined.
VET/USD Long-term Trend: Ranging
- Resistance levels: $0.0080, $0.0085, $0.0090
- Support levels: $0.0070, $0.0060, $0.0050
The VET/USD pair had been trading in a sideways trend zone. The 12-day EMA and the 26-day EMA are trending horizontally indicating the sideways trend. The crypto's price is dominated by small body candlesticks. However, the formation of small body candlesticks describes the indecision of buyers and sellers at the current market price.
The price has a choppy ccprice. The support and resistance level cannot be determined. The bears brought the price to its range bound zone. The coin fluctuates between the levels of $0.00600 and $0.00900. On June 25, the coin had a bullish break at the$0.00800 price level and the VET price reached a high of $0.009283.
However, the bulls were resisted and the price fell back into the range bound zone. On June 29, there was another bullish break as price reached a high of $0.009400. The stochastic is in the oversold region but below the 20% range which indicates that the price of Vechain is in a bearish momentum and a sell signal.
Live VeChain (VET) Price:
1 VET/USD =$0.0967 change ~ -0.41%
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