Vechain Price Prediction: Long-term (VET) Value Forecast – July 20
- The coin fluctuates between the levels of $0.00600 and $0.00900.
- The crypto's price is dominated by small body candlesticks which fluctuated below and above the EMAs.
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 is still in a tight range bound move. The 12-day EMA and the 26-day EMA are trending horizontally indicating a sideways trend. However, the formation of small body candlesticks describes the indecision of buyers and sellers at the current market price. The bears broke the range bound move and fell to the support at the $0.00500 price level. The support level was holding as the bulls make an upward move to the range bound zone.
The Coin has a choppy price action . 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. The stochastic is in the oversold region but above the 20% range which indicates that the price of Vechain is in a bullish momentum and a buy signal.
Live VeChain (VET) Price:
1 VET/USD =$0.0813 change ~ 12.03%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.