Vechain Price Prediction: Long-term (VET) Value Forecast – June 22
- The VET coin fluctuates between the levels of $0.00600 and $0.00800.
- The price of Vechain has a choppy price action as the support and resistance levels are not easily discernable.
VET/USD Long-term Trend: Ranging
- Resistance levels: $0.0080, $0.0085, $0.0090
- Support levels: $0.0070, $0.0065, $0.0060
The VET/USD pair had been trading in the sideways trend zone. The 12-day EMA and the 26-day EMA are trading horizontally indicating that the price of Vechain is in a sideways trend. The VET coin fluctuates between the levels of $0.00600 and $0.00800. Since April, the upper and lower price range had not been broken. The price of Vechain has a choppy price action as the support and resistance levels are not easily discernable. 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 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 =$0.1123 change ~ 8.96%
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