# VeChain Price Prediction: VET Forecast Analysis

Welcome to BitcoinExchangeGuide.com's VeChain Price Prediction summary where we reveal all VET coin value analysis, forecast charts and market data.

# VeChain (VET) Price Predictions: Expert Market Data Forecasts and VET/USD Value Charts

## VeChain (VET) Long Term Price Forecast: June 8, 2019

• The price of VET fluctuates between the levels of $0.00600 and$0.00800 .
• 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

The VET/USD pair had been trading in the sideways trend zone. The price of VET fluctuates between the levels of $0.00600 and$0.00800 . The 12-day EMA and the 26-day EMA are sloping horizontally. On April 5, the coin reached the $0.00800 overhead resistance level. This was the peak price the crypto has attained since the beginning of the year. The upper price range has 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 been 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.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: June 4, 2019

• The VET price is trading between the levels of $0.0060 and$ 0.0080.
•  A bullish break at the $0.0080 price level will see the crypto rally above the high of$0.00095 price level.
• A bearish break will depreciate the coin further to the low at $0.0040 support level. #### VET/USD Medium-term Trend: Ranging • Resistance Levels:$0.0085, $0.0090,$0.0095
• Support levels: $0.0070,$0.0065, $0.0060 Yesterday, June 3, the price of VET was in a bearish trend. The crypto's price was retracing after testing the upper price range. Since April 2019, the VET coin, has not traded above the$0.0080 price level. The VET price is trading between the levels of $0.0060 and$ 0.0080. In April the bulls tested the $0.0080 price level and were resisted. In the month of May, the bulls tested the$0.0080 price lecel and were also resisted. On May 27, the market fell below the 12-day EMA and the 26-day EMA . At the lower price range, the bears could not break below the lower price range because of a strong support level.

• On the upside, a price breakout will propel the VET price rally above the $0.0100 price level. #### VET/USD Long-term Trend: Ranging • Resistance levels:$0.0080, $0.0090,$0.0100
• Support levels: $0.0070,$0.0060, $0.0050 The VET/USD pair had been trading in the bullish trend zone. In retrospect, the crypto's price was in a sideways trend since the beginning of the year. In February, the coin was trading above the$0.0040 price level while in a sideways trend. The bullish trend commenced in March and reached a high of $0.0080 price level on April 5. On May 8, the bulls were resisted and the market was in a downward correction to a low at$0.0060 support level. The price of Vechain had been fluctuating between the $0.0080 resistance level and the$0.0060 support level since April. On May 15 and 27, the market reached the  $0.0080 price level but the bulls were resisted.On the upside, a price breakout will propel the VET price rally above the$0.0100 price level.

The price is falling and may reach the lower price range. Nevertheless, on May 1, the crypto had an opening balance of $0.00670 and a closing balance of$0.007544 as at May 31. This indicates that the price of Vechain has appreciated by 12.60% of its capitalization in the month of May 2019. The stochastic is in the oversold region but below the 40% range which indicates that the price of Vechain is in a bearish momentum and a sell signal.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: May 28, 2019

• VET/USD market has somewhat been on an increasing movement manner to the north.
• The market may soon experience choppy price movements as well in the medium-term run if the bulls lack the capacity to push past $0.0085 mark. #### VET/USD Medium-term Trend: Bullish • Supply levels:$0.009, $0.0095,$0.01
• Demand levels: $0.007,$0.0065, $0.006 VeChain market stance has been slightly appreciating in valuation as paired with the US dollar. The pair had once suffered under the sell trend-line of the 50-day SMA to a low point at$0.007 on May 26.

Thereafter, the market has been striving to push northwards to average $0.0085 point. The 50-day SMA indicator and the Bollinger Middle Band have freshly conjoined around$0.0075 price level below the market trading spot. The Stochastic Oscillators now consolidate very tightly around d range 80 near the overbought zone.

Author: Azeez M

## VeChain (VET) Long Term Price Forecast: May 25, 2019

• The VET price is in a range bound movement between the levels of $0.006000 and$0.008000.
• On the upside, if the bulls break the upper price level, the crypto’s price will rise and reach the highs of $0.008500 and$0.009000.

#### VET/USD Long-term Trend: Bullish

• Resistance levels: $0.008000,$0.008500, $0.009000 • Support levels:$0.007000, $0.006500,$0.0060000

The VET/USD pair had been trading above the 12-day EMA and the 26-day EMA which is the bullish trend zone. On May 17, the VET market price rose to a high of $0.008160. However, the bulls were resisted at the$0.008000 price level and the crypto’s price fell to the support of the 26-day EMA.

In retrospect, since April 5, the price of Vechain had not been able to break the $0.008000 resistance level. In its previous attempt, the bulls were resisted as the price fell to a low at$0.006000 price level. However, after the price reached it's low the 12-day EMA and the 26-day EMA was trending as a single horizontal line. This indicates that price is in a range bound movement between the levels of $0.006000 and the$0.008000.

On the upside, if the bulls break the upper price level, the crypto’s price will rise and reach the highs of $0.008500 and$0.009000. On the other hand, if the bulls fail to break the upper price level, the crypto’s price will fall back to the range bound zone. 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.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: May 21, 2019

• Notably, the market of VET/USD has been on a short-increase moving mote in a range.
• The VET/USD market may experience a reversal of around $0.0084, especially while a false breakout takes effect in the market. #### VET/USD Medium-term Trend: Ranging • Supply levels:$0.009, $0.0095,$0.01
• Demand levels: $0.007,$0.0065, $0.006 There have been trade movements in a range around three major price levels of VET/USD market since May 18 until present. The market range levels are observed around$0.0085, $0.008 and$0.0075 marks.

The 50-day SMA yet appears trending northwards below the current market trading axis. The Bollinger Lower Band and the 50-day SMA indicator are closely located around the lower range boundary point. The Stochastic Oscillators now slightly point north near underneath range 60.

Author: Azeez M

## VeChain (VET) Long Term Price Forecast: May 18, 2019

• On the upside, if the bulls break the upper price level, the crypto’s price will rise and reach the highs of $0.008500 and$0.009000.
• On the other hand, if the bulls fail to break the upper price level, the crypto’s price will fall back to the range bound zone.

#### VET/USD Long-term Trend: Ranging

• Resistance levels: $0.008000,$0.009000, $0.010000 • Support levels:$0.007000, $0.006000,$0.005000

Since on April 5, the VET/USD pair had been facing resistance at the $0.00800 price level. The crypto’s price was trading between the levels of$0.006000 and $0.008000. On April 5, the bulls tested the upper price level and were resisted. The crypto’s price fell to the support of the 26-day EMA and commenced a range bound movement above the EMAs. Today, the bulls are approaching the upper price level. On the upside, if the bulls break the upper price level, the crypto’s price will rise and reach the highs of$0.008500 and $0.009000. On the other hand, if the bulls fail to break the upper price level, the crypto’s price will fall back to the range bound zone. The stochastic is in the overbought region but below the 40% range which indicates that the price of Vechain is in a bearish momentum and a sell signal. Author: Azeez M ## VeChain (VET) Daily Price Forecast: May 14, 2019 • VeChain has been struggling to outweigh the price valuation of the US dollar. • In the short-term run, the crypto-market is in a bullish outlook. #### VET/USD Medium-term Trend: Ranging • Supply levels:$0.008, $0.0085,$0.009
• Demand levels: $0.006,$0.0055, $0.005 In spite of several attempts being made by VeChain to outweigh the price valuation of the US dollar over time, yet the pair is found in a range in the medium-term run. The crypto-market had recently sprung northwards to test a point at$0.007 but quickly faded off in energy on getting there.

Therefore, the market present range zones have been taken to be between $0.007 and$0.006 marks. The Bollinger Lower Band is located at the edge of the lower range spot while other indicators are within the range zones. The Stochastic Oscillators now slightly point north-east at range 60.

The market point at $0.007 line has appeared to be the critical retarding spot for the bulls to break past to the north direction of this crypto-trade. In addition, traders may have to be wary of the two range spots while a rejection occurs. #### VET/USD Short-term Trend: Bullish As at the time of writing, the market valuation of VET/USD in the short-term run still keeps a high point of the market to a notable level. As at the commencement of the VET/USD trade today, the pair began to rise from a low point a bit over$0.0062 mark to average $0.007 mark. Similarly, yesterday, the pair featured a line of higher lows coupled with a sharp spike in the market. The 50-day SMA indicator is located below the Bollinger Middle Band. And, as at present, the market has been trading around the Bollinger Middle Band trend-line. The stochastic Oscillators have closed hairs around range 60. There is now tendencies of seeing this crypto-market find its foundation around$0.0066 and $0.0064 marks in the short-run. Author: Azeez M ## VeChain (VET) Long Term Price Forecast: May 11, 2019 • The support level provides another bullish trend as the crypto’s price rose to a high at$0.007000 and was resisted again as price fell to the support of the $0.005961. • If the support level at$0.005961 is broken, the crypto’s price will fall to a low at $0.004500. #### VET/USD Long-term Trend: Ranging • Resistance levels:$0.007500, $0.008000,$0.008500
• Support levels: $0.006000,$0.005500, $0.005000 The price of Vechain is currently trading in a range-bound movement after the resistance at the$0.00800 price level. In the last one month, the 12-day EMA and the 26-day EMA were trending horizontally indicating that price was in a range bound movement.

On April 18, the bulls tested the $0.007500 resistance level and were resisted. The crypto’s price fell to the support of the$0.005961. The support provides another bullish trend as the crypto’s price rose to a high at $0.007000 and was resisted again as price fell to the support of the$0.005961.

The crypto’s price is below the EMAs which indicates a possible price fall. If the support level at $0.005961 is broken, the crypto’s price will fall to a low at$0.004500. The stochastic is in the overbought region but below the 60% range which indicates that the price of Vechain is in a bearish momentum and a sell signal.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: May 7, 2019

• Choppy market operations still feature in the trade between VeChain and the US dollar.
• These three key market points at $0.0066,$0.0067 and $0.0068 need to be wary of by traders while placing a position. #### VET/USD Medium-term Trend: Ranging • Supply levels:$0.0075, $0.008,$0.0085
• Demand levels: $0.006,$0.0055, $0.005 There has been a continuation of choppy trade movements between VeChain and the US dollar over time until now. In accordance with what the chart shows, the pair started falling in a range moving manner while it hit a strong price point at around$0.007 mark on May 3.

The pair is currently hovering around its lower range spot near its 50-day SMA indicator. The bears seem to be coming back in this market on a lighter force note. Nevertheless, there are now three critical levels that need traders’ attention while placing a position, and they are $0.0066,$0.0067 and $0.0068 marks. Author: Azeez M ## VeChain (VET) Long Term Price Forecast: May 4, 2019 • The EMAs are trending horizontally as a single line indicating that price is in a sideways trend. • On the upside, if the bulls sustain the price above the EMAs, the crypto’s price is likely to retest the$0.00800 resistance level.

#### VET/USD Long-term Trend: Bullish

• Resistance levels: $0.007500,$0.008000, $0.008500 • Support levels:$0.006000, $0.005500,$0.005000

The price of Vechain is currently trading in a sideways trend after the resistance at the $0.00800 price level. On April 11, the crypto's price fell to the support of the 26-day EMA. The price is now ranging above the 12-day EMA and the 26-day EMA. On April 19, the bulls tested the resistance zone and were resisted. The price fell below the EMAs to continue its range bound movement . The EMAs are trending horizontally as a single line indicating that price is in a sideways trend. On the upside, if the bulls sustain the price above the EMAs, the crypto’s price is likely to retest the$0.00800 resistance level. On the other hand, if the bulls fail to sustain the price above the EMAs, the price will continue its range bound movement. 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.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: April 30, 2019

• There have been intense choppy price movements in the VET/USD market.
• The VET/USD market has been hovering around its 50-day SMA, and the bulls may still push northwards further for a while before getting exhausted afterward.

#### VET/USD Medium-term Trend: Ranging

• Supply levels: $0.0075,$0.008, $0.0085 • Demand levels:$0.0055, $0.005,$0.0045

There had been a kind of shortening operations in the ranging market of VET/USD valuation over a couple of days back. Initially, $0.006 mark was taken as an immediate demand level, and the market has only touched it during the shortening operations process on April 29. Not too long, the crypto managed to strike back slightly against the weak falling force by the US dollar to now choppily trade around$0.0065 mark. All the trading indicators are now enclosed around range zones at $0.0065 and$0.006 points. The Stochastic Oscillators now point towards the north-east direction.

Going by indicators reading, as the market has now been ranging around its 50-day SMA indicator and the Bollinger Upper Band, it shows that the bulls may not be having the glut to potentially push strongly northwards further.

#### VET/USD Short-term Trend: Ranging

VET/USD trade in the short-term run has also been featuring a series of different choppy price movements around definite range spots until the present. As at today’s early trading time, the pair strived to swing upward within the range zones from the lower, and now around hover around the upper point.

The Bollinger Bands and the 50-day SMA are also situated around the range zones. The Stochastic Oscillators now point north briefly below range 60.

The bulls seem to be warming up in the VET/UUSD market currently, but it may not be the decent entry point as at now as there has been no strong price action to back it. Therefore, traders may have to keep a watch over the market to let that assumption play out before initiating a position in this cryptocurrency trade.

Author: Azeez M

## VeChain (VET) Long Term Price Forecast: April 27, 2019

• The crypto’s price fell to the 0.50 Fibonacci retracement level which is a trend reversal zone.
• On the upside, if the bulls break above the EMAs, the crypto’s price is likely to retest the $8 resistance level. #### VET/USD Long-term Trend: Bearish • Resistance levels:$0.007500, $0.008000,$0.008500
• Support levels: $0.006000,$0.005500, $0.005000 The price of Vechain was trading in the bullish trend zone. The crypto’s price was making a series of higher highs and higher lows. On April 5, the bulls reached a high of$0.008000 but were resisted. At first, the crypto’s price fell to the support of the 26-day EMA. The bulls took control of price above the EMA but were resisted again.

The crypto’s price fell to a low at $0.005966. On the upside, if the bulls break above the EMAs, the crypto’s price is likely to retest the$8 resistance level. From the daily chart, the bears have broken the 0.236 and $0.382 Fibonacci retracement levels. The 0.236 and$0.382 Fibonacci retracement levels are continuation zone for a bullish trend.

Since the bears have broken this level, the bullish trend may have been terminated. The crypto’s price fell to the 0.50 Fibonacci retracement level which is a trend reversal zone.The stochastic is in the oversold region but below the 40% range which indicates that the price of Vechain is in a bearish momentum and a sell signal.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: April 23, 2019

• VET/USD trade worth is in a choppy price moving-mode in both the medium and the short term trends outlook.
• To ensure a decent trading stance, strong price action needs to emerge to be able to place a safer position in the VET/USD market.

#### VET/USD Medium-term Trend: Ranging

• Supply levels: $0.008,$0.0085, $0.009 • Demand levels:$0.006, $0.0055,$0.005

ETC/USD trade valuation has been slightly shrunk southbound to gain lower range zones as compared with the last points around which it was ranging. Prior to an April 21 slight decline in a range, the crypto hovered for a while closer to the 50-day SMA indicator.

As at now, the crypto-trade has been fluctuating around both its Bollinger Upper band and the 50-day SMA. The Stochastic Oscillators have opened hairs briefly below range 80 to point north. That could mean that there may be more range upswings in the market.

From the viewpoint of indicators reading, the VET/USD market may still have to face other range price movements in its next trading sessions. Therefore, traders may have to stay off the market for a while and allow volatility to come up so as to be able to fine-tune the desire to decently join the market.

#### VET/USD Short-term Trend: Ranging

The trade levels around $0.007 and$0.0068 marks have been observed as the range price areas within which the VET/USD market valuation has been found ranging today. Yesterday had the same market points around which the market featured a series of range price movements.

As at now, the crypto-pair has been hovering around the upper range part of the market. The Bollinger Upper Band is located near the said upper range mark. Noticeably, all the trading indicators are located around the current range spots. The Stochastic Oscillators are slightly pointing north below range 80.

The VET/USD market may still be stylishly pushed northwards further in a range moving-mote for a while towards or around its immediate supply level at $0.007. Traders are enjoined to watch out for a strong price action to back up their entry myth in this crypto-trade. Author: Azeez M ## VeChain (VET) Long Term Price Forecast: April 20, 2019 • On April 5, the bulls reached a high of$0.007660 price level but were resisted at the $0.00800 price level. • On the upside, if the price is sustained above the EMAs, the crypto price will rise to retest the$0.00800 resistance level.

#### VET/USD Long-term Trend: Bullish

• Resistance levels: $0.007500,$0.008000, $0.008500 • Support levels:$0.007000, $0.006500,$0.006000

The price of Vechain is trading in the bullish trend zone. The crypto’s price is facing resistance at the $0.00800 price level. On April 5, the bulls reached a high of$0.007660 price level but were resisted at the $0.00800 price level. The crypto’s price fell to the support of the 12-day EMA or to the support of the$0.006500 price level. The crypto’s price has resumed its bullish trend at the support level and the bulls have broken above the EMAs.

On the upside, if the price is sustained above the EMAs, the crypto price will rise to retest the $0.00800 resistance level. On the downside, if the bulls failed to break the resistance level, the crypto’s price will fall. The stochastic is in the overbought region but above the 20% range which indicates that the price of Vechain is in a bullish momentum and a buy signal. Author: Azeez M ## VeChain (VET) Daily Price Forecast: April 17, 2019 • Both the medium and the short terms of VET/USD market have been engulfed by variant range price movements. • The VET/USD pair still stands a chance of dipping below its 50-day SMA prior to having a decent set-up for the bulls. #### VET/USD Medium-term Trend: Ranging Supply levels:$0.008, $0.0085,$0.009
Demand levels: $0.006,$0.0055, $0.005 The trade operations between VET and the US dollar has been basically moving in arrange around$0.007 mark quite a while. The crypto-market was of bearish lately in its trending outlook.

Author: Azeez M

## VeChain (VET) Long Term Price Forecast: April 13, 2019

• The price of VeChain is currently trading at $0.007000 as at the time of writing. • On the upside, if the 26-day EMA is holding, the bulls will resume its bullish trend to retest the$0.008000 resistance level.

#### VET/USD Long-term Trend: Bullish

• Resistance levels: $0.007500,$0.008000, $0.008500 • Support levels:$0.007000, $0.006500,$0.006000

The price of Vechain was in a downward correction this week. The crypto’s price traded and reached the high of $0.008201 but the bulls were resisted. The bulls were facing the$0.008000 resistance level. The crypto’s price fell and commenced a downward correction to the low at $0.006747 and at the support of 26-day EMA. On the upside, if the 26-day EMA is holding, the bulls will resume its bullish trend to retest the$0.008000 resistance level.

On the downside, if price breaks the EMAs, the crypto’s price will fall either to the low at $0.006000 or$0.005500. The price of VeChain is currently trading at $0.007000 as at the time of writing. The stochastic is in the overbought region but below the 60% range which indicates that the price of Vechain is in a bearish momentum and a sell signal. Author: Azeez M ## VeChain (VET) Daily Price Forecast: April 9, 2019 • There has been a sign of relative decline in both the terms of VET/USD medium and short market trends. • The pair’s potency of gaining a swing uptrend in this market will be determined by its capability of breaking past its 50-day SMA. #### VET/USD Medium-term Trend: Bearish • Supply levels:$0.0085, $0.009,$0.0095
• Demand levels: $0.0065,$0.0055, $0.005 There has been a very slight drop in the market valuation of VeChain as paired with the US dollar price worth over a couple of trading days. Around April 6 and 7, the crypto-pair was slightly averaging a high price value at$0.008.

After several striving efforts around that market point of trading, the crypto got drop slowly downwards to trade around its 50-day SMA and the Bollinger Lower Band near a low price level at $0.007 mark. The Bollinger Middle Band is located at$0.0075 point over the 50-day SMA. The Stochastic Oscillators are now located around range 20 attempting to cross their hairs.

The pair’s consolidation in subsequent under the current market trading position below the 50-day SMA indicator could result in witnessing a range market. Meanwhile, a market’s push against the indicator could suggest a clearer signal for a bullish trend.

#### VET/USD Short-term Trend: Bearish

The trade worth between VeChain and the US dollar has also been seeing a slight decline while the trading sessions commence today. The pair was seen in yesterday’s trade as trying to get past its 50-day SMA at $0.0076 mark but failed in the short run. Presently, the crypto-market has been trading around a low price point at$0.0074 a bit above the Bollinger Lower Band. The 50-day SMA is found above the Bollinger Middle Band. The Stochastic Oscillators have formed a conjoint outlook within ranges 40 and 20. That signifies a sign of possibly seeing a consolidation movement in the market very soon.

The pair’s potency of gaining a swing uptrend in this market will be determined by its capability of breaking past its 50-day SMA. However, a chain of choppy price movements are most likely to occur prior to that

Author: Azeez M

## VeChain (VET) Long Term Price Forecast: April 6, 2019

• On April 2, the crypto’s price rally to a high at $0.00766 as at the time of writing. • On the upside, the crypto’s price will reach the previous high of$0.0100, if the price is sustained above the EMAs.

#### VET/USD Long-term Trend: Bullish

• Resistance levels: $0.007500,$0.008000, $0.008500 • Support levels:$0.007000, $0.006500,$0.006000

The price of Vechain is in the bullish trend zone. The VET/USD pair was trading below the price of $0.00500. On February 23, the bulls tested the$0.00500 resistance level and were resisted. The price fell below the 12-day EMA and the 26-day EMA to reach the bearish trend zone.

On March 9, the bulls pulled above the EMAs but were resisted at the $0.00500 price level. The crypto’s price fell to the support of the EMAs and resumed a bullish trend. The price was rising above the 12-day EMA but it encountered a price breakout. On April 2, the crypto’s price rally to a high at$0.00766 as at the time of writing. The VET price is above the EMAs which indicate that price is likely to rise.

On the upside, the crypto’s price will reach the previous high of $0.0100, if the price is sustained above the EMAs. However, the price may face resistance at the$0.00800 price level. The stochastic is in the overbought region but below the 80% range which indicates that the price of Vechain is in a bullish momentum and a buy signal.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: April 2, 2019

• The market valuation of VET against the USD has been on an appreciation-trending mode in the medium and short term outlooks.
• The bears may not be having a strong stance so soon in the VET/USD market.

#### VET/USD Medium-term Trend: Bullish

• Supply levels: $0.0085,$0.009, $0.0095 • Demand levels:$0.0055, $0.005,$0.0045

The US dollar price valuation has been suffering as a result of a level of appreciation in the Vechain trade worth today. The crypto has been eventually built upon a series of higher lows being featured in the market over time.

In accordance with the chart, the crypto-trade was basically showing a number of weak upswings since around March 29 until the first formation of the candlestick in the medium-term market run. The 50-day SMA and the Bollinger Middle Band are located below the current market line. The stochastic Oscillators are a bit down at range 60, and they have briefly cross to point north at it.

There are indications that the crypto-trade is still under the bulls’ market control, and they are not likely to lose out in strength very quickly as at now. Therefore, the bears may have to wait till a strong correction occurs around or a bit above the Bollinger Upper Band. Traders should ensure a decent set-up prior to going short.

#### VET/USD Short-term Trend: Bullish

Equally, the market trading stance of VET/USD has been witnessing quite a significant appreciation in its price level today in the short-term run. The pair, at a point in time, dropped to find a strong stance at its Bollinger Middle Band.

The market has continued to trade along the Bollinger Upper Band. The 50-day SMA is located underneath the Bollinger Middle Band. The Stochastic Oscillators have headed northwards towards range 80. And yet, they now slightly point north below it.

The bulls are now very much in control of this crypto-trade presently, and there has been no indication that the bears would soon take over the reign. However, it may be too late to join the bullish trend as at now for the fact that the Stochastic Oscillators have almost got in the overbought zone. Traders need to exercise some degree of cautiousness in placing their entries.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: March 30, 2019

• The crypto’s price is now trading at $0.006054 as at the time of writing. • On the upside, if the price is sustained above the EMAs, the crypto’s price will reach a high of$0.0080.

#### VET/USD Long-term Trend: Bullish

• Resistance levels: $0.0080,$0.0090, $0.0100 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair is in a bullish trend in the month of March. The price of Vechain was previously in a sideways trend in the last three months. On March 5, the bulls broke out of the range-bound movement and commenced a bullish trend. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise. The crypto’s price is now trading at $0.006054 as at the time of writing. On the upside, if the price is sustained above the EMAs, the crypto’s price will reach a high of$0.0080.

Author: Azeez M

## VeChain (VET) Long Term Price Forecast: Mar 23, 2019

• On the upside, the crypto’s price is likely to rise but may be resisted at the $0.0065 price level. • On the downside, if price breaks below the EMAs,the crypto's price will fall. #### VET/USD Long-term Trend: Bullish • Resistance levels:$0.0080, $0.0090,$0.0100
• Support levels: $0.0040,$0.0030, $0.0020 The VET/USD pair is in a bullish trend in the month of March. In the previous month, the crypto’s price was in a sideways trend. The 12-day EMA and the 26-day EMA were trending horizontally indicating that price was fluctuating. On March 9, the bulls commenced a bullish trend. The crypto’s price was making a series of higher highs and higher lows. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise. On the upside, the crypto’s price is likely to rise but may be resisted at the$0.0065 price level. Nevertheless, the VET price is above the EMAs which indicate that price is in the bullish trend zone. The stochastic is at the oversold region but above the 20% range which indicates that VET price is in a bullish momentum and a buy signal.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: March 19, 2019

• Whilst the VET/USD market couldn't get past the $0.0055 upper range mark, the pair stands a high potential of losing out to the bears’ force. • There's a tendency for this crypto-trade to see a prolong choppy price movement. #### VET/USD Medium-term Trend: Ranging • Supply levels:$0.006, $0.0065,$0.007
• Demand levels: $0.004,$0.0035, $0.003 The market valuation of VET/USD has been characterized by more notable short downs than short ups within a range-bound price level this week. After a while of the pair struggling to push northwards above$0.0055 mark, it couldn’t succeed.

Instead, the crypto-trade has been very slightly grabbed by the US dollar which has also been making a weak force on the market. The range zones are being observed between $0.0055 and$0.005 price levels. The 50-day SMA and the Bollinger Lower Bands are found conjoint. The Stochastic Oscillators have closed hairs within ranges 60 and 40.

In the medium-term run, while the $0.0055 upper range mark remains unbroken northwards, the pair stands a high potential of losing out to the bears’ force. #### VET/USD Short-term Trend: Ranging VET/USD trade worth has also been witnessing choppy price movements within a well-defined range today. The crypto started dropping very weakly after touching an upper range spot at$0.0054.

All the trading indicators are now found lying flatly around the range zones seen at $0.0054 and$0.0052 marks. The Stochastic Oscillators now appear in an attempt of crossing hairs within ranges 40 and 20. That suggests the need to suspend placing of an entry order for a while in this crypto-market.

The current choppy market condition of this crypto-trade may still be prolonged through the next few trading days to come. However, a reversal of a bearish move below the 50-day SMA indicator or the lower range mark could cause a decent entry for the bulls during a strong price action of the trade.

Author: Azeez M

## VeChain (VET) Long Term Price Forecast: Mar 16, 2019

• On March 12, the crypto had a price rally that reached a high of $0.0080 but the price made a downward correction to a closing price of$0.00540.
• The crypto’s price is likely to rise as it approaches the $0.0060 price level. #### VET/USD Long-term Trend: Bullish • Resistance levels:$0.0080, $0.0090,$0.0100
• Support levels: $0.0040,$0.0030, $0.0020 The VET/USD pair is in a bullish trend in the month of March. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise. On March 12, the crypto had a price rally that reached a high of$0.0080 but the price made a downward correction to a closing price of $0.00540. The crypto’s price is now ranging at the price of$0.00540 .

The crypto’s price is likely to rise as it approaches the $0.0060 price level. Nevertheless, the VET price is above the EMAs which indicate that price is in the bullish trend zone. The stochastic is out of the overbought region but below the 40% range which indicates that VET price is in a bearish momentum and a sell signal. Author: Azeez M ## VeChain (VET) Long Term Price Forecast: March 9, 2019 • The crypto’s price is in the bullish trend zone trading at$0.004616 as at the time of writing.
• On the upside, if the bulls break the resistance level at $0.0048, the crypto will face another resistance at the$0.0050 price level.

#### VET/USD Long-term Trend: Bullish

• Resistance levels: $0.0080,$0.0090, $0.0100 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair is in a bullish trend. On February 28, the price of Vechain reached a high of $0.004745 but faced the$0.0048 resistance level. The support level at $0.0048 was the level the bears broke on February 24 which is now a resistance level . On March 1, the$0.0048 resistance level  led the bears to break the 12-day EMA and the 26-day EMA to the bearish trend zone. The crypto’s price fell to a low of $0.00420 and commenced a bullish trend. The crypto’s price is in the bullish trend zone trading at$0.004616 as at the time of writing.

On the upside, if the bulls break the resistance level at $0.0048, the crypto will face another resistance at the$0.0050 price level. The VET price is above the EMAs which indicate that price is likely to rise. The stochastic is out of the overbought region but above the 40% range which indicates that VET price is in a bullish momentum and a buy signal.

Author: Azeez M

## VeChain (VET) Daily Price Forecast: March 5, 2019

• VET/USD trade declined from around $0.0046 and eventually dropped a bit below$0.0042 mark.
• The pair may soon begin to witness price consolidation movements a bit above its 50-day SMA.

#### VET/USD Medium-term Trend: Bearish

• Supply levels: $0.005,$0.0052, $0.0054 • Demand levels:$0.0038, $0.0036,$0.0034

The market valuation between VET and the USD has very relatively bearish in outlook since the trade commences this week. The market has declined from around $0.0046 and eventually briefly dropped a bit below$0.0042 mark.

The market has now been trading around $0.0044 point. The 50-day SMA is located above the Bollinger Middle Band with a small space between them. The stochastic Oscillators have slightly crossed at range 40 to point north to signify that an upward movement seems to be witnessed soon in the market. Currently, it appears that the bulls may have to build up their force stance in the market now around$0.0042 price level to make a strong come-back.

#### VET/USD Short-term Trend: Ranging

As at the time of writing today, VET/USD market has been moving within a range. The pair has been visibly experiencing a chain of choppy price movements around $0.0044 and$0.0043 market levels.

Yesterday, the crypto-trade lost out some of its market value as price was brought down closely towards $0.0041 low market point. The Bollinger Upper Band and the 50-day SMA are located at around$0.0044 where the market has been hovering now. The Stochastic Oscillators have slightly moved into the overbought zone. Yet, that signifies the possibility of seeing the bulls getting weak soon in their driving force of the market.

Price consolidation movements may soon be witnessed in this crypto-trade a bit above the 50-day SMA. However, traders may look out for a good set-up to buy entry to join the market.

## VeChain (VET) Long Term Price Forecast: March 2, 2019

• The VET price is above the EMAs which indicate that price is likely to rise.
• The price of Vechain faces resistance at the $0.0050 price level. • The VET/USD pair has appreciated by 21.9% of its capitalization in the month of February. #### VET/USD Long-term Trend: Bullish • Resistance levels:$0.0080, $0.0090,$0.0100
• Support levels: $0.0040,$0.0030, $0.0020 The VET/USD pair was in a bullish trend in the month of February. On February 1, the crypto has an opening balance of$0.003892. On February 28, the crypto’s price closed at a price of $0.004745. The VET/USD pair has appreciated by 21.9% of its capitalization in the month of February. The crypto’s price traded in the bearish trend zone before the arrival of the bulls. On February 16, the bulls broke the 12-day EMA and the 26-day EMA as the price reached a high of$0.004991. However, the price of Vechain faces resistance at the $0.0050 price level. On February, the bears pulled back price to the low of$0.004450. The crypto’s price is now trending at the support of the 12-day EMA.

The VET price is above the EMAs which indicate that price is likely to rise. The crypto’s price is expected to rise to the previous high of $0.01000.The stochastic is out of the overbought region but below the 60% range which indicates that VET price is in a bearish momentum and a sell signal. ## VeChain (VET) Daily Price Forecast: February 26, 2019 • VET/USD appears to get a new low market point below$0.0044 lower range zone.
• The bulls may now still lack the potential of making a quick recovery in this crypto-market.

#### VET/USD Medium-term Trend: Ranging

• Supply levels: $0.0052,$0.0054, $0.0056 • Demand levels:$0.004, $0.0038,$0.0036

As at this week's first trading day, there was a devaluation in the VET/USD market from the $0.0052 high mark to the lower tune a bit below$0.0044 point. Thereafter, since yesterday, the crypto has been moving in a range of around $0.0048 and$0.0044 marks.

Price has now been trading between a small space found within the 50-day SMA and the Bollinger Middle Band in the range zones. The 50-day SMA is located below the Bollinger Middle Band. The stochastic Oscillators have briefly crossed hairs to point south within ranges 60 and 40. That suggests that the bears are gradually getting back the market driving force.

The bears’ current move to break the 50-day SMA southward may potentially cause a downturn that could lead to either testing or breaking $0.0043 low mark. ## VeChain (VET) Daily Price Forecast: February 19, 2019 • VET/USD market may need to find a foundation around its Bollinger Middle Band for its uptrend continuity. • Breaking down of the 50-day SMA could signify an invalidation of the current swing uptrend of the VET/USD trade. #### VET/USD Medium-term Trend: Bullish • Supply levels:$0.0048, $0.005,$0.0052
• Demand levels: $0.0039,$0.0037, $0.0035 VET market stance has been recording a visible number of upturns against the US dollar price valuation since this week’s trading sessions. The VET/USD’s current upsurge has also been traced back to first 4-hour bullish candlestick that emerged in the market on February 16. Initially, the crypto-market was experiencing a low point around$0.004 level but it has now eventually sprung northwards to test $0.0046 mark. The Bollinger Lower Band is located a bit below the 50-day SMA. Yet, price has been trading around the Bollinger Upper Band. The Stochastic Oscillators are now consolidating around range 80. That indicates the bulls’ force in the market is not over totally now. There have been a number of candlesticks with top shadow around$0.0044 price level, and that could mean a pit stop area for this pair as at now. The Bollinger Middle Band may now be serving as instrumental in the VET/USD market foundation finding for its uptrend continuity.

There have basically ups and downs in the market valuation of VET/USD today. As at early trading hour, the crypto-market managed to rise upwards to closely average $0.0046 high mark. Presently, the market has been hovering between$0.0046 and $0.0044 market points. The Bollinger Bands are located over the 50-day SMA indicators. The Stochastic Oscillators have crossed hairs at range 60. They now faintly point north. Currently, the bulls are having a stronger driving force of the market, and they may keep the momentum as long as the 50-day SMA is not in the short run broken southward. In other words, breaking down of the 50-day SMA could invalidate bullish bias that has been nurturing in the VET/USD market a few days back. ## VeChain (VET) Long Term Price Forecast: Feb 16, 2019 #### VET/USD Long-term Trend: Ranging • Resistance levels:$0.0080, $0.0090,$0.0100
• Support levels: $0.0040,$0.0030, $0.0020 The overall view of the VET/USD pair was that it had been in a sideways trend since January. The crypto was trading below the 12-day EMA and the 26-day EMA. The VET price traded and ranged from the high of$0.00406 to the low of $0.003933. In other words, the crypto lost 3% of its capital in a range bound movement. On February 8, the VET price was in a bullish trend. The crypto reached a high of$0.004213 and was resisted as price closed at $0.004126. The crypto’s price is ranging below the 26-day EMA. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA indicating that the price of Vechain is in the bearish trend zone. The crypto’s price is likely to fall as it faces resistance at the$0.004129. The stochastic is out of the oversold region and below the 60% range which indicates that VET price is in a bullish momentum and a buy signal.

## VeChain (VET) Daily Price Forecast: February 12, 2019

#### VET/USD Medium-term Trend: Ranging

• Supply levels: $0.0044,$0.0046, $0.0048 • Demand levels:$0.0037, $0.0035,$0.0033

VET/USD market trading stance has been in a range moving mode like the case in other likes cryptocurrencies of its category. Between February 9 and until the present time, the pair has been featuring lower lows and lower highs around $0.0042 and$0.0038 price levels.

All the economic indicators are as well located within the range zones. Price has now been hovering around the conjoint point of both the 50-day SMA and the Bollinger Lower Band. The Stochastic Oscillators have crossed from the oversold zone to point north briefly past range 20.

This crypto-trade now appears to find other demand levels around its conjoint indicators but if unsuccessful at that, there may be a continuity of range market movements for the meantime.

#### VET/USD Short-term Trend: Ranging

VET/USD trade valuation has also been significantly seeing short downs and ups in its trading activities today. Yesterday, there was a relatively short high mark in its ranging price movements.

All the indicators in the short-term run are now apparently maintaining a flat direction around $0.004 and$0.0039 market levels. The stochastic Oscillators have slightly moved past range 60. They still point north to suggest the possibility of seeing more ups.

Indicators still have it that this crypto has not been able to muster a strong momentum to stage a reliable come-back in the market for now. Traders may need to watch out for a good buy set-up below the market’s 50-day SMA indicator.

## VeChain (VET) Long Term Price Forecast: Feb 9, 2019

#### VET/USD Long-term Trend: Ranging

• Resistance levels: $0.0080,$0.0090, $0.0100 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair had been in a sideways trend since December 27,2018. On February 1, the price of Vechain was in a bearish trend zone. The crypto’s price was ranging below the 12-day EMA and the 26-day EMA. The EMAs were trending horizontally indicating the sideways trend. On February 8, the bulls broke the 12-day EMA but were unable to break the 26-day EMA. Today, the crypto’s price is trading at $0.004075 as at the time of writing. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA indicating that the price of Vechain is in the bearish trend zone. The crypto’s price is likely to fall as it faces resistance at$0.004129 price level. The stochastic is in the oversold region and above the 20% range which indicates that VET price is in a bullish momentum and a buy signal.

## VeChain (VET) Daily Price Forecast: February 5, 2019

#### VET/USD Medium-term Trend: Ranging

• Supply levels: $0.0042,$0.0044, $0.0046 • Demand levels:$0.0036, $0.0034,$0.0032

VET/USD market has been basically featuring lower lows than lower highs within a range of $0.004 and$0.0038 marks since the commencement of trading sessions this week. Obviously, the pair trading activities have been continually carried out over a week under the 50-day SMA.

Price has been hovering around the lower range point. The indicators are located around $0.004 and$0.0038. The Stochastic Oscillators now seemingly look attempting to cross around range 20. That could mean the VET/USD market will still possibly have to see more price movements.

This crypto-trade seems like finding it difficult mostly while it gets to the current $0.0038 lower range mark. Traders are enjoined to exercise some degree of caution regarding placing of an order for now. #### VET/USD Short-term Trend: Ranging Today, VET/USD trade has been significantly witnessing variant choppy price movements in the market. The market also saw its price movements in the same range spots of$0.0039 and $0.0038 levels yesterday. The 50-day SMA indicator has bent toward south within the range zones while the Bollinger Band Bands are located around it. Below range 60, the Stochastic Oscillators have appeared attempting to point south. That signifies that bears are somewhat still in the market. The present market condition attracts less trading instinct, and as a result, traders may need to stay out of it for a while. But, investors may consider to join the market now or allow it to dip a bit further to consider joining. ## VeChain (VET) Long Term Price Forecast: Feb 2, 2019 #### VET/USD Long-term Trend: Ranging • Resistance levels:$0.0080, $0.0090,$0.0100
• Support levels: $0.0040,$0.0030, $0.0020 The VET/USD pair was in a sideways trend at the beginning of January. The crypto has an opening balance of$0.004062 and a closing balance of $0.003933 as at January 31, 2019. The price of Vechain traded and depreciated at about 3.17 % of its capitalization in the month of January. The crypto's price is trading below and above the 12-day EMA and the 26-day EMA. On January 9, the bulls broke the 12-day EMA, the 26-day EMA and reached the high of$0.004559. The following day, the bears took control and broke below the EMAs and price fell to the low of $00.4116. The crypto's price traded below the EMAs at the$0.004116 price level.

On January 22, the bulls broke the EMAs to reach the highs of $0.004641. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA indicating that price of Vechain is likely to fall. The MACD line and the signal line are above the zero line which indicates a buy signal. ## VeChain (VET) Daily Price Forecast: January 29, 2019 #### VET/USD Medium-term Trend: Bearish • Supply levels:$0.0046, $0.0050,$0.0054
• Demand levels: $0.0034,$0.0032, $0.003 This week, VET/USD market has been basically seeing a decline in its trading sessions until now. On January 26, the crypto encountered a tough price level between the Bollinger Upper and Middle Bands. On its following day, January 27, the pair got a push against both its 50-day SMA and Bollinger Lower Band to eventually touch$0.0038 today. Price has now been trading between $0.004 and$0.0038 market points. The Bollinger Middle Band has intercepted the 50-day SMA from the top to still probably suggest a continuation of the current bearish trend. The stochastic Oscillators have crossed within the oversold zone to seemingly consolidate around it.

While the market consolidation movements still on for long, then, it would be advisable for the traders to look out for a good sell set-up in the market.

#### VET/USD Short-term Trend: Ranging

In the short-term market running outlook of the VET/USD today, there has been featuring of lower lows and lower highs. Unlike yesterday, the crypto saw a sizeable amount of falling in its market valuation.

Presently, price has been trading around the mid-point of $0.004 and$0.0038 marks. The 50-day SMA has conjoined with the Bollinger Upper Band at the $0.004 upper range zone as the Bollinger Lower Band maintains a closer position to the$0.0038 lower range mark. The Stochastic Oscillators have closed at range 50 in an attempt to either start a consolidation move or to point south.

As at now, before nursing a bias for bull’s return into this market, it may be necessary to allow the crypto-trade get a reversal from around the $0.0038 lower range zone or a bit below it. Then, investor may as well think of joining the market trend while that scenario plays out. ## VeChain (VET) Long Term Price Forecast: Jan 26, 2019 #### VET/USD Long-term Trend: Ranging • Resistance levels:$0.0080, $0.0090,$0.0100
• Support levels: $0.0040,$0.0030, $0.0020 The VET/USD pair was in a sideways trend at the beginning of January. The crypto has an opening balance of$0.00406 in the month of January 2019. The bulls broke the 12-day EMA, the 26-day EMA and reached the high of $0.004559. On January 10, the bears broke below the EMAs and price fell to the low of$00.4116.

The 12-day EMA and 26-day EMA are horizontally flat indicating that the price of Vechain is in a sideways trend. Today, the VET price is trading at $00.4381 in the bullish trend zone. Meanwhile, the crypto’s price is above the 12-day EMA and the 26-day EMA indicating that price of Vechain is likely to rise. The MACD line and the signal line are above the zero line which indicates a buy signal. ## VeChain (VET) Daily Price Forecast: January 22, 2019 #### VET/USD Medium-term Trend: Bullish • Supply levels:$0.0046, $0.0050,$0.0054
• Demand levels: $0.0038,$0.0036, $0.0034 There have been relative swing upward price movements in the market valuation of VET/USD about two days back. On January 20, the crypto has managed to rally from a low mark of around$0.0039 to briefly touch past the $0.0044 market high-value today. The market has now been trading around the Bollinger Upper Band located closely to the$0.0044 current high market point. The Bollinger Middle Band is closely located over the 50-day SMA. The Stochastic Oscillators are somewhat slantingly heading northward than eastward below range 80. That suggests that more ups can be expected but may lack strength.

Bulls’ current market driving force seems not having more attraction of placing further long positions at this point in time as a reversion looks to be setting in around the current $0.0044 high market point. #### VET/USD Short-term Trend: Bullish VET market worth has been on an increase as paired with the USD price valuation since the commencement of trading sessions today. After finding a foundation at its 50-day SMA indicator around$0.0041 mark today, the crypto surged northward to average $0.0045 mark. Price has been trading around the Bollinger Upper Band as the 50-day SMA is found a bit over the Bollinger Lower Band at around$0.0041 mark. The Stochastic Oscillators have briefly dipped past range 80 into the overbought zone. There may soon be a mode of consolidation movement around the range.

The current uptrend in the short-term market run may need to use the Bollinger Middle Band for finding a foundation to potentially boost its continuity in the market. Traders are enjoined to watch out for a decent set-up before launching a position.

## VeChain (VET) Long Term Price Forecast: Jan 19, 2019

#### VET/USD Long-term Trend: Ranging

• Resistance levels: $0.0080,$0.0090, $0.0100 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair had been in a sideways trend since the beginning of January. The 12-day EMA and the 26-day EMA are trending horizontally. In the first week, the crypto's price was below the EMAs. In other words, the crypto’s price was fluctuating above the $0.004265 price level. On January 9, the bulls reached the high of$0.004949. In the second week, the bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $0.004116. Nevertheless, the price of Vechain commenced a range bound movement at the$0.004116 price level.

• Demand levels: $0.0038,$0.0036, $0.0034 VET/USD market has entered other price range zones depicted between$0.0042 and $0.0038 marks about a couple of days until now. On January 10, the crypto-market witnessed a vibrant decline from around$0.005 high mark to eventually get a brief push southwards against $0.004 on the same day. Thereafter, the market weakly went on a ranging move mode around$0.0042 and $0.004 between January 10 and 13 early trading sessions. Presently, price still continues been trading under the sell signal line of the 50-day SMA indicator as the Bollinger Bands are located within the range zones. The Stochastic Oscillators have crossed at range 80 to seemingly commence a consolidation move around it. Every trading indicator still has it that more downward price movements will possibly be experienced in this crypto-market as long as its 50-day SMA indicator remains unbroken northward. #### VET/USD Short-term Trend: Ranging Today, VET/USD market move has been majorly featuring in a range mode around$0.0041 and $0.004 marks in the short-term run. The market witnessed a low point on January 13 at around$0.0038 price level but got a spike on January 14 to test the current upper range point.

Since yesterday, the crypto has continually ranged around the said mark until now. The 50-day SMA is underneath the Bollinger Bands. The Stochastic Oscillators have closed hairs at around range 40 to seemingly continue its consolidation movement around it.

The 50-day SMA’s trend-line may now have to serve as a yardstick to determine the continuation of present swing uptrend in the short-term trade if it is not fiercely broken downward.

## VeChain (VET) Long Term Price Forecast: Jan 12, 2019

#### VET/USD Long-term Trend: Ranging

• Resistance levels: $0.0080,$0.0090, $0.010 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair had been in the bearish trend zone since January 2019. On January 8, the bulls broke above the 12-day EMA and the 26-day EMA to reach the high of $0.00494. However, the bears immediately pulled back to the bearish trend zone. The crypto had fallen to the low of$0.04044 and commenced a range bound movement.

• Demand levels: $0.0038,$0.0036, $0.0034 The market valuation of VET/USD has been featuring a great number of a series of lower lows and lower highs around$0.0046 and $0.0042 market points. The crypto had earlier on touched the high of the upper range on January 6. Today, the crypto-trade has seen a low mark a bit below the lower range point on the chart. The 50-day SMA is underneath the Bollinger Middle Band as price has been trading above them. The Stochastic Oscillators have slightly crossed at range 40 to suggest more probable swing up-trends. Bulls now appear to be finding a foundation around the 50-day SMA trading indicator. Therefore, traders are enjoined to continue looking out for a good buy set-up before launching their positions in this crypto-market. #### VET/USD Short-term Trend: Ranging VET/USD price worth has been witnessing a series of lower lows and lower highs around$0.0044 and $0.0042 price levels. Yesterday, the crypto’s price movements were characterized by a faint driving force of the US dollar. Today, the market has seen a spike that has only led to trading around$0.0044 mark presently. The 50-day SMA is located between the Bollinger Upper and Middle Bands. The Stochastic Oscillators have slightly moved past range 80 to attempt pointing the north direction in the overbought zone.

If bulls could now sustain its present swing price uptrend in the market, a high of between $0.0048 and$0.0046 may be eventually recorded.

## VeChain (VET) Long Term Price Forecast: Jan 5, 2019

#### VET/USD Long-term Trend: Ranging

• Resistance levels: $0.0080,$0.0090, $0.010 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair had been in a sideways trend in the last ten days. On December 16, the bulls broke above the 12-day EMA and the 26-day EMA to reach the high of $0.0054. But the crypto fell to the low of$0.0005 when it faced resistance at the price of $0.0050. The crypto’s price is now ranging above the$0.0005 price level and below the 12-day EMA and the 26-day EMA.

From the daily chart, the price of Vechain has an opening balance of $0.00406 in the month of January. Meanwhile, the stochastic indicator is in the oversold region but below the 20% range indicating that the price of Vechain is in a strong bearish momentum and a sell signal. This is an indication that the crypto is likely to fall. ## VeChain (VET) Long Term Price Forecast: Dec 29, 2018 #### VET/USD Long-term Trend: Bearish • Resistance levels:$0.0080, $0.0090,$0.010
• Support levels: $0.0040,$0.0030, $0.0020 The VET/USD pair was in a bullish trend in the last week of December 2018. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The crypto’s price reached the high of$0.00542 but was resisted at the $0.0055 price level. The crypto broke the 12-day EMA and the 26-day EMA to the downside and fell to the low of$0.00397.

On the downside, if the crypto’s price fails to break the $0.0045 price level, the crypto will fall and continue the downward trend. On the upside, if price breaks the$0.0045 price level to the upside, the crypto will revisit the previous high of $0.0050. Meanwhile, the stochastic indicator is out of the overbought region but below the 60% range indicating that the price of Vechain is in a bearish momentum. ## VeChain (VET) Daily Price Forecast: December 25, 2018 #### VET/USD Medium-term Trend: Bearish • Supply levels:$0.0065, $0.007,$0.0075
• Demand levels: $0.004,$0.0035, $0.0030 A major spike occurred on December 17 during which virtually all the cryptocurrencies saw a significant rise in their market valuation, so also the case with the VET/USD market. The crypto lost its momentum after briefly touched past$0.0055 on Dec. 24.

The US dollar took up the market driving advantage towards the end of trading sessions yesterday as the price line was drawn southwards to the Bollinger Middle Band location. Today, the market has witnessed a further slump to find a demand level around the 50-day SMA. The 50-day SMA is closely located over the Bollinger Lower Band. The Stochastic Oscillators have freshly dipped into the oversold zone.

At this point in time, traders may watch out for a good buy set-up while investors may as well come into the market right now.

#### VET/USD Short-term Trend: Ranging

Yesterday, VET started falling against the US dollar after averaging a high value of around $0.0056. Before the end of yesterday’s trading activities, the crypto got push slightly southward to range below the 50-day SMA. Furthermore, today, the US dollar still forces the market to obtain a low mark briefly below$0.0046. Presently, there have a great number of lower lows and low highs around $0.0046 and$0.0044 marks below the Bollinger Middle Band. The 50-day SMA is located over the Bollinger Middle Band. The Stochastic Oscillators are currently consolidating within the oversold zone.

Traders are enjoined to be on the lookout for a strong price action that will be in favor of a swing uptrend to consider joining the market.

## VeChain (VET) Long Term Price Forecast: Dec 22, 2018

#### VET/USD Long-term Trend: Bearish

• Resistance levels: $0.0080,$0.0090, $0.010 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair is now in a bullish trend as price broke the 12-day EMA and the 26-day EMA to the upside. In the same vein, the 12-day EMA and the 26-day EMA are trending northward indicating that the crypto's price is in the bullish trend zone. The crypto's price was at its low at a price of $0.003321 but has risen to the high of$0.00456 in a bullish trend. Nevertheless, the Stochastic indicator is in the range below 80%.

This indicates that Vechain is in a bullish momentum and a buy signal. Previously, the crypto was in the oversold region when the price was in a bearish trend. In addition, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price was in a bearish trend.

## VeChain (VET) Daily Price Forecast: December 18, 2018

#### VET/USD Medium-term Trend: Ranging

Supply levels: $0.0045,$0.0048, $0.0052 Demand levels:$0.0032, $0.0028,$0.0024

The VET/USD market was in a bullish trend yesterday as it notably pushed northwards past the 50-day SMA’s trend-line and the Bollinger Upper Band. Around $0.0043 market value was achieved during the upward swing movements. Today, the market has not been able to push further beyond the aforementioned mark. And, yet, there has been no well-defined range zone to be recorded in the current VET/USD price ranging movement in the medium-term run. The 50-day SMA has touched the Bollinger Middle Band from the top at around$0.0036. The Stochastic Oscillators have crossed to point south at range 60.

It’s apparent that the crypto has started to lose needful force to surge northwards further. In that wise, there may be decent selling entries between $0.0045 and$0.004 marks.

#### VET/USD Short-term Trend: Ranging

The VET/USD short-term trend market valuation has been basically experienced within a range since the commencement of trading sessions today. Being as it is, the range zones are observed around $0.0042 and$0.0038 marks.

In the preceding days, the VET/USD market experienced a very tight ranging movement within the confinement of the Bollinger Bands. The 50-day SMA’s trend-line is underneath the Bollinger Bands. The Stochastic Oscillators are pointing northwards at around range 40.

A reversal of upward price action may potentially give in to bear’s strong coming back, and like wisely a strong reversal against the lower range mark could allow the crypto to swing northward further

## VeChain (VET) Long Term Price Forecast: Dec 15, 2018

#### VET/USD Long-term Trend: Bearish

Resistance levels: $0.0080,$0.0090, $0.010 Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair is still in a bearish trend. On November 8, the price of VeChain was resisted by the 26-day EMA and price fell from the high of $0.01058 to the low of$0.00343 as at the time of writing. The 12-day EMA and the 26-day EMA are trending southward indicating that price falling. The crypto’s price is below the Exponential moving averages indicating that price is likely to fall.

Meanwhile, the stochastic indicator is above the 20% range which indicates that the price of Vechain has a bullish momentum and a buy signal. In addition, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. There will be no trade recommendation until the bearish pressure is exhausted.

## VeChain (VET) Daily Price Forecast: December 11, 2018

#### VET/USD Medium-term Trend: Bearish

Supply levels: $0.0044,$0.0048, $0.0052 Demand levels:$0.0032, $0.0028,$0.0024

There has been a feebly declining style in the market valuation of the VET/USD over a couple of weeks. The choppy price movements are usually being observed within a range before stylishly trending southwards with a weak force mostly.

The crypto had broken the 50-day SMA’s trend-line on December 3 to continually pressing downwards further in that style. On December 9; the starting day of trade this week, the crypto briefly strived to make a touch against the upper Bollinger Band a bit below the $0.0044 mark. Thereafter, the market has been falling southwards slowly and steadily until now. The Stochastic Oscillators have dipped into the oversold zone. The VET/USD market valuation may soon be facing a consolidation move which may probably bring about more declining movements or lower lows in the next trading sessions. #### VET/USD Short-term Trend: Bearish As at the beginning of trading today, the VET/USD market saw a line of lower highs to the point of touching the 50-day SMA from below around$0.39 mark. About a few hours until now, the crypto has been stumbling southward.

Yesterday, the crypto basically featured a degree of lower lows and lower highs within a range. Price has been trading around the lower Bollinger Band trying to push southward further. The 50-day SMA and the upper Bollinger Band are currently occupying a close location on the chart. The Stochastic Oscillators have joined together at around range 25. That could as well turn out as a consolidation movement.

There still appears that the bearish trend is much stronger than talking about bulls’ possibility of coming back strongly into the VET/USD trade for now.

## VeChain (VET) Long Term Price Forecast: Dec 8, 2018

#### VET/USD Long-term Trend: Ranging

• Resistance levels: $0.0080,$0.0090, $0.010 • Support levels:$0.0040, $0.0030,$0.0020

The VET/USD pair was in a sideways trend as price approaches the $0.0040 price level. On November 26, the crypto fell to the low of$0.00428 and commenced a range bound movement. There are Doji and Spinning tops candlesticks that are describing the indecision of buyers and sellers at the level where is price ranging. Meanwhile, the stochastic indicator is above the 20% range which indicates that the price of VeChain has bearish momentum and a sell signal.

Similarly, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall. The 12-day EMA and the 26-day EMA are trending southward indicating that price is falling. Meanwhile, there will be no trade recommendation for long trades until bears exhaust their bearish pressure. The bears are likely to break the range bound movement.

## VeChain (VET) Daily Price Forecast: December 4, 2018

#### VET/USD Medium-term Trend: Ranging

Supply levels: $0.0055,$0.006, $0.0065 Demand levels:$0.004, $0.0035,$0.003

## VeChain (VET) Long Term Price Forecast: Dec, 1 2018

#### VET/USD Long-term Trend: Bearish

Resistance levels: $0.0080,$0.0090, $0.010 Support levels:$0.0046, $0.0045,$0.0044

The VET/USD pair was in a bearish trend in the month of November 2018. On November 1, the price of VeChain had an opening balance of $0.0105 but on November 30, the price fell to the low of$0.0048. In other words, the crypto has lost 54% of its capitalization in the month of November. On November 8, the crypto's price was resisted and the price fell in a downward trend to the low of $0.0048. The bulls had no opportunity of pulling back price. Nevertheless, the price of VeChain is likely to fall in the month of December as the crypto's price is below the two EMAs. We will look out for buy setups as soon as the bearish pressure is exhausted. Nevertheless, the price of VeChain is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal. ## VeChain (VET) Daily Price Forecast: November 28, 2018 #### VET/USD Medium-term Trend: Ranging Supply levels:$0.006, $0.007,$0.008
Demand levels: $0.004,$0.003, $0.002 The lately bearish trend has led the VET/USD market valuation southwards to test the$0.004 price level on November 25. The middle Bollinger Band was slightly breached northwards yesterday to eventually touch the upper Bollinger Band today.

The upper Bollinger Band has been stretching northwards against both the $0.005 mark and the 50-day SMA. Price has been hovering around the$0.005 level a bit underneath the 50-day SMA. The Bollinger Bands are located within a range of the $0.005 and the$0.004 horizontal price levels. The Stochastic Oscillators have freshly dipped into the overbought zone.

The crypto may still have to be brushed southwards to allow a strong foundation for a potential bullish market to play out especially while the $0.004 market low remains unbroken southwards further. #### VET/USD Short-term Trend: Bullish The market of VET/USD sprang up towards the 50-day SMA on November 25 while it dropped briefly below the$0.004 mark. It lost the strength to get past the 50-day SMA’s trend-line; hence the crypto was dragged southwards to find a rejection point at $0.0042 level. Yesterday, the crypto slowly dragged northward past the 50-day SMA’s trend-line to touch the upper Bollinger Band at$0.0046 market level. Today, the crypto has continued to pick up on a rising mode along with the stretching of the upper Bollinger Band northward. The Stochastic oscillators have dipped into the overbought zone to consolidate within it.

A breakdown of the $0.0046 mark could cause a revisit of levels around the last market low point of$0.004.

## VeChain (VET) Long Term Price Forecast: Nov 24, 2018

#### VET/USD Long-term Trend: Bearish

Resistance levels: $0.014,$0.015, $0.016, Support levels:$0.050, $0.040,$0.030

Support levels: $0.008,$0.007, $0.006 The price of VeChain had been bearish in the last two weeks of November. The cryptocurrency had been bearish because the price had been below the exponential moving averages. On November 16, a bullish candlestick was resisted by the 12-day EMA and price continue its downward fall. The price of VeChain has reached the oversold region of the market suggesting bulls to take control of the market. Traders are to look out for buy setups so as to initiate long trades. Nevertheless, the price of VeChain is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Stochastic indicator was below the range of 20 when it pulled out of the oversold region indicating a bearish reversal. But the bears are taking control as the blue band of Stochastic is below the red band. ## VeChain (VET) Daily Price Forecast: November 13, 2018 #### VET/USD Medium-term Trend: Bearish Supply levels:$0.013, $0.014,$0.015
Demand levels: $0.009,$0.008, $0.007 The market line movement of the VET/USD has been basically running in a bearish format since the beginning of trading session today. VET worth in the medium-run market has been undervalued against the USD. There were a number of rejection signals that occurred below the middle Bollinger Band yesterday and that have now given birth to the current bearish trend as at writing. The crypto has now been approaching the$0.0094 low level with a short distance from the lower Bollinger Band. The 50-day SMA is found within the same market range with the upper Bollinger Band. The Stochastic Oscillators have penetrated into the oversold zone. And, they appear to start a consolidation move within it.

Our assumption remains that bulls will soon stage a comeback as soon the Stochastic Oscillators have crossed to point north with an emergence of a sudden market upswing.

#### VET/USD Short-term Trend: Ranging

About a couple of hours today, VET/USD market worth visibly dropped in value along with the lower Bollinger Band. The crypto has been as well closely observed to begin finding a stance against the US dollar.

Support levels: $0.010,$0.009, $0.008 The price of VeChain was bullish in the first week of November. The crypto was bullish for four days before it was resisted by 26-day EMA. Price now follows the bearish pattern of October. The crypto is likely to fall because the price is below the exponential moving averages (EMAs). Meanwhile, the price has reached the oversold condition of the market. If the digital currency continues its downward fall, the support levels will be breached.Traders are to look out for buy setups to initiate long trades in anticipation of a bullish trend. Nevertheless, the price of VeChain is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal. ## VeChain (VET) Daily Price Forecast: November 6, 2018 #### VET/USD Medium-term Trend: Ranging Supply levels:$0.013, $0.014,$0.015
Demand levels: $0.009,$0.008, $0.007 On October 2 and 4, VeChain saw failed price spikes that had only got the market point around$0.0113 price level. On October 30, last week, the crypto significantly dropped from around $0.0104 price level to test past the$0.006 mark briefly as a quick correction followed the sudden bearish market volatility.

Since then, the market has been successfully put back into a range. The trading indicators are still kept within the $0.011 and the$0.010 price levels until present. The market value has been hovering around the upper Bollinger Band as the 50-day SMA’s trend-line has kept a close location underneath it. The Stochastic Oscillators have moved to point north-east below range 50. This could mean that a price consolidation is in focus as trading activity may now be suspended for a while.

Today witnesses a major price ranging movement in the VET/USD market valuation until now around and between the $0.011 and the$0.010 price areas. At this week’s trading commencement, a spike was noticed as the crypto surged northward to around the $0.0113 mark. It has now lost the strength to keep the upward movement afloat beyond the said mark area. As a result, the market line has been ranging within the Bollinger Bands until now. The middle Bollinger Band is a bit located above the 50-day SMA. The Stochastic Oscillators have briefly moved past range 50 to slightly point south above it. There is a probability that the market may still be made to face a line of market correction between the$0.0105 and the $0.0095 price points should it be pushed southward further violently. ## VeChain (VET) Long Term Price Forecast: Nov 3, 2018 #### VET/USD Long-term Trend: Bearish Resistance levels:$0.014, $0.015,$0.016,
Support levels: $0.010,$0.009, $0.008 The overall trend of VET/USD pair was a downward trend in the month of October 2018. The opening balance of VeChain was$ 0.01339. On October 11, the digital currency depreciates again the low of $0.01334. In the first week of November, the digital currency is still in a downward trend. It is currently trading at$0.0105 as at the time of writing.

Price has reached the oversold condition of the market. If the digital currency continues its downward fall, the support levels will be breached. Traders are to look out for a buy setups in anticipation of a bullish trend. Nevertheless, the price of VeChain is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.

## VeChain (VET) Daily Price Forecast: October 30, 2018

#### VET/USD Medium-term Trend: Ranging

Supply levels: $0.013,$0.014, $0.015 Demand levels:$0.009, $0.008,$0.007

It must be noted that a majority of crypto-markets are currently facing a selling pressure as they have been paired with the US dollar. But, the US dollar has not been yet having its market worth greatly creating an impact on the VET market valuation.

Support levels: $0.012,$0.011, $0.010 The VET/USD pair had been bearish in the month of October. On October 1, the cryptocurrency has an opening balance of$0.0130. On October 10, the digital currency reached a high of $0.0140 but fell to the low of$0.0112. Thereafter, the crypto’s price commenced a bullish movement to the high of $0.0134. Price again fell to the low of$0.0110. The price of the digital currency has reached its previous low at $0.0110 traders should look out for buy setups in order to initiate long trades. The price of VeChain is expected to rise. Nevertheless, the price of VeChain is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal. ## VeChain (VET) Daily Price Forecast: October 23, 2018 #### VET/USD Medium-term Trend: Ranging Supply levels:$0.013, $0.014,$0.015
Demand levels: $0.010,$0.009, $0.008 VeChain was formerly moving within a ranging channel marked by$0.012 and $0.011 price levels. Over a week, the crypto has been traded within the Bollinger Bands. Between October 18 and 21, the crypto was featuring a confluence of Japanese candlesticks around the middle and the lower Bollinger Bands. Today, the market appeared closer to the upper Bollinger Band but has now been pushed southward again against the 50-day SMA’s trend-line and the middle Bollinger Band to touch briefly past the lower Bollinger Band towards$0.011. The 50-day SMA is a bit above the middle Bollinger Band. The Stochastic Oscillators have penetrated into the oversold to probably denote oversold condition in the market and, it suggests that bulls may soon appear in the market.

#### VET/USD Short-term Trend: Bearish

About a few days until yesterday, VET/USD market was featuring lower highs within the confinement of the Bollinger Bands. The crypto faced an obstacle a bit below the $0.0125 price level hence, the market got pushed southwards past the Bollinger Band and the 50-day SMA. Today, the crypto has been dropping towards$0.011 price level. Presently, price has been trying to move past below the level to possibly find another demand level. The 50-day SMA is located over the middle Bollinger Band. The Stochastic Oscillators have dipped into the oversold zone to signify that bearish market is gradually fading off in the market. Therefore, traders may stay around to consider placing a decent long entry of this crypto.

## VeChain (VET) Long Term Price Forecast: Oct 20, 2018

Resistance levels: $0.014,$0.015, $0.016, Support levels:$0.010, $0.009,$0.008

The VET/USD pair had been bearish in the month of October. On September 21, the bulls took price to a high of $0.014 but price was resisted and it fell to the low of$0.011. Since the digital currency fell to its low; traders should have taken advantage of buying low. In trading, we buy low and sell high. In this case, our stop loss should be below the $0.011 price level. The price of VeChain is expected to rise. Presently, it is approaching the price at$0.012 as at the time of writing. Nevertheless, the price of VeChain is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.

## VeChain (VET) Daily Price Forecast: October 16, 2018

#### VET/USD Medium-term Trend: Ranging

Supply levels: $0.015,$0.016, $0.017 Demand levels:$0.011, $0.010,$0.009

VET/USD market value dropped last week as a result of a major bearish move that suddenly occurred on October 11. The major decline made the last range breached southwards to find an encounter around $0.011. The crypto was hovering between the middle and the lower Bollinger Bands but eventually managed to push northwards past all the indicators’ levels while the market swung towards$0.014. Today, the market price has been ranging between the upper Bollinger Band and the middle Bollinger Band. The 50-day SMA is a bit above the upper Bollinger Band. The Stochastic Oscillators have crossed to indicate that bearish market may soon come to play in the market of this crypto so far the upper range is not breached upwards.

#### VET/USD Short-term Trend: Bearish

Between Monday and Tuesday trading sessions, the VET/USD market valuation experienced a basic upward movement. The crypto suddenly sprang northwards from around $0.012 price level to test around$0.0138 price level. Not too long, the market started pulling downwards to share almost same level with the Bollinger Band and the 50-day SMA.

The Stochastic Oscillators have moved to touch range 20 from above. This signifies that bears are still somewhat around in the market. A strong reversal against the $0.0115 price level could lead to an uptrend resumption of this crypto market. Like wisely, A break out of$0.013 could lead the crypto seeing past the last high point of $0.0138. ## VeChain (VET) Long Term Price Forecast: Oct 13, 2018 #### VET/USD Long-term Trend: Bearish Resistance levels:$0.014, $0.015,$0.016,
Support levels: $0.010,$0.009, $0.008 On September 1, the VET/USD pair had an opening balance of$0.017 in a bearish trend. The crypto’s price fell to the low of $0.011 and commenced a range bound movement. VeChain traded and closed at a price of$0.13. In September, VeChain has lost 29% of its capitalization. On October 1, it has an opening balance of $0.013 but the digital currency traded into a downward trend. The crypto’s price fell to the low of$0.011 but managed to recover.

The digital currency has reached the oversold region of the market and price is expected to rise. Nevertheless, the price of VeChain is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 39 which indicates that the market is oversold signaling bears' exhaustion and suggesting bulls to take control of the market.

## VeChain (VET) Daily Price Forecast: October 9, 2018

#### VET/USD Medium-term Trend: Ranging

Supply levels: $0.015,$0.016, $0.017 Demand levels:$0.012, $0.011,$0.010

In about a few days back, VET/USD strongly continued to move its market price value within the confinement of the Bollinger Bands relatively marked by $0.0135 and$0.0125 price levels. About two days, the crypto stopped declining as it suddenly jumped northwards past both the middle Bollinger Band and the 50-day SMA.

#### VET/USD Long-term Trend: Ranging

Resistance levels: $0.014,$0.015, $0.016, Support levels:$0.012, $0.011,$0.010

The VET/USD pair had been range bound in the month of September 2018. The cryptocurrency fell to the low of $0.011 and began a range bound movement. In the month of September, it had an opening balance of$0.017. But on September 12, the digital currency fell to the low of $0.011 and commenced a range bound movement. In the month of September, the VET price depreciated by 29.4% of its capital. This first week of October the digital currency will be in a range bound movement. Presently, the VET price is consolidating at$0.013 price level.Nevertheless, the price of VeChain is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 53 which indicates that the price is in the range bound zone.

## VeChain (VET) Long Term Price Forecast: Oct 6, 2018

#### VET/USD Long-term Trend: Ranging

Resistance levels: $0.014,$0.015, $0.016, Support levels:$0.012, $0.011,$0.010

The VET/USD pair had been range bound in the month of September 2018. The cryptocurrency fell to the low of $0.011 and began a range bound movement. In the month of September, it had an opening balance of$0.017. But on September 12, the digital currency fell to the low of $0.011 and commenced a range bound movement. In the month of September, the VET price depreciated by 29.4% of its capital. This first week of October the digital currency will be in a range bound movement. Presently, the VET price is consolidating at$0.013 price level.Nevertheless, the price of VeChain is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 53 which indicates that the price is in the range bound zone.

## VeChain (VET) Daily Price Forecast: October 3, 2018

#### VET/USD Medium-term Trend: Ranging

Supply Levels: $0.013,$0.014, $0.015 Demand Levels:$0.012, $0.011,$0.010

During the trading sessions yesterday, VET/USD made an appreciable move in its market value to the point of touching the upper Bollinger Band at around $0.013 level. The crypto met a strong retarding level at that point, and hence the crypto was pushed southward to touch both the 50-day SMA and the middle Bollinger Band. Today, the crypto appears to continue the downward price movement, but in a ranging mode between the middle and lower Bollinger bands. The Stochastic Oscillators have crossed south-direction to touch range 20. It shows that the lower lows are still likely to be experienced in the market of this crypto. #### VET/USD Short-term Trend: Bullish Yesterday, the market price value of Vechain went up to some extent against the U.S. dollar. Nevertheless, the crypto encountered a blockage around the upper Bollinger Band that made it got pushed southwards. In about a few hours, the crypto was basically found ranging southward between both the middle and lower Bollinger Bands. As at now, the crypto has been able to move up briefly past the middle Bollinger Band. It is now averaging the$0.013 horizontal price level. The Stochastic Oscillators have moved upward past range 40 to touch range 60 from below. A breakout of the horizontal price line could lead to the market price value of the crypto getting to $0.013 and$0.014 in extension.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.