Vechain Price Prediction: Long-term (VET) Value Forecast – June 29
- 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.
- On June 29, there was another bullish break as price reached a high of $0.009400.
VET/USD Long-term Trend: Ranging
- Resistance levels: $0.0080, $0.0085, $0.0090
- Support levels: $0.0090, $0.0080, $0.0070
The VET/USD pair had been trading in a sideways trend zone in the last two months. 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.
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 crypto has broken out of the range bound move. Since April, the upper and lower price range had not been broken. The price of Vechain no longer has choppy price action as the support and resistance levels are evenly apart. The stochastic is in the oversold region but above the 40% range which indicates that the price of Vechain is in a bullish momentum and a buy signal.
Live VeChain (VET) Price:
1 VET/USD =$0.0418 change ~ 1.90%
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