Vechain Price Prediction: Long-term (VET) Value Forecast – June 15
- The price of VET trades between the levels of $0.00600 and $0.00800.
- That is a bullish breakout at the $0.00800 price level will propel the coin to rally above the $0.01000 price level.
VET/USD Long-term Trend: Ranging
- Resistance levels: $0.0080, $0.0085, $0.0090
- Support levels: $0.0070, $0.0065, $0.0060
Since on April 1, the price of VET had been trading in the sideways trend zone. The price of VET trades between the levels of $0.00600 and $0.00800 . There had been stability in the market price of VET. The 12-day EMA and the 26-day EMA are horizontally flat. On April 15, the coin reached the $0.00800 overhead resistance level.
This was the peak price the crypto had attained since the beginning of the year.The upper price range had not been broken since the beginning of the year. The lower price range of $0.00600 has been tested by the bears on April 25 and May 10. The lower price range has not broken since the beginning of the year. A bullish breakout will enable the crypto to appreciate in value.
That is a bullish breakout at the $0.00800 price level will propel the coin to rally above the $0.01000 price level. Similarly, a bearish breakout at the $0.00600 price level will depreciate the crypto to a low at $0.004500.The stochastic is in the overbought region but above the 60% range which indicates that the price of Vechain is in a bullish momentum and a buy signal.
Live VeChain (VET) Price:
1 VET/USD =$0.0630 change ~ 9.85%
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