VeChain

Get VeChain (VET) all time high price, historical charts, latest news and other information.

On the weekly timeframe, a crypto analyst named Egrag explained on Twitter that VeChain (VET) is currently in a buy zone. He further explained the details of its possible price behavior using trading charts and noting recurring patterns.
VET is in the green today, holding onto its gains from yesterday’s closing price. 
Egrag’s Analysis on VeChain (VET)
Egrag mentioned VET’s attempt to exit the descending channel and move into an uptrend in his analysis. The asset has remained in a descending channel since it fell below its all-time high value of $0.2782 in April 2021.  According to Egrag, VET attempted a breakout from this descending channel five times previously. 
He noted that the more VET attempts, the closer it will break upwards from its current channel. Also, the analyst stated that VET would likely form a double bottom. A double bottom is a technical chart pattern where the price of an asset touches a low point twice, with a slight recovery in between.

A double bottom is often associated with a trend reversal, accompanied by a potential break to the upside for an asset. 
The analyst believes this pattern could occur at the $0.015 price level or the $0.007 zone if the asset’s price declines further. Historical data shows that the last time VET reached this price level was in June 2020. 
Egrag set up three targets for the asset as pivot points to exit the descending channel. His price targets are $0.0648, $0.11649, and $1.66. He believes that VET will repeat its past price action in 2018 as it remained in a descending channel until it broke out in 2020. 
This breakout climaxed in its all-time high value of $0.2782 on April 17, 2021. In conclusion, the analyst stated that VET is currently in a buy zone which presents traders with an attractive buy opportunity. 
VET’s weekly chart shows that the buy zone is between $0.012 and $0.025. The asset entered this zone in December 2022 and traded there until January 2023.
Analyzing VET’s Price Action
VET is currently in a sideways trend on the weekly chart, but if the analysis is right, the token might see some action in the short term. 

VET’s sideways trend from December 2022 ushered in an uptrend in March 2023. Therefore, the token’s price current sideway trend will likely break upward in the coming weeks if history repeats itself and VET can break from the descending channel. 
The Relative Strength Index (RSI) is 41.89 in the neutral zone, reflecting the trend on the weekly chart. However, it will move to the upside if the bulls prevail. But VET is trading below its 50-day and 200-day Simple Moving Averages (SMA), a bearish signal for the asset. 
Combined with the descending channel and price consolidation, this fact could hint at a fresh decline. If VET cannot target and reach higher levels, bears could re-take control and send the token back into critical support.

VET is currently trading at the $0.01943 price level and may increase to $0.06 in the coming weeks as it recovers.
Featured image from Pexels, chart from TradingView


On the weekly timeframe, a crypto analyst named Egrag explained on Twitter that VeChain (VET) is currently in a buy zone. He further explained the details of its possible price behavior using trading charts and noting recurring patterns. VET is in the green today, holding onto its gains from yest...

newsbtc.com

Analyst: VeChain Enters Buy Zone, Should You Jump In?


As the general crypto market is currently on a downswing, choosing one token to add to your investment portfolio can be difficult. But, our analysts believe they have found the perfect one – Tradecurve (TCRV), a borderless hybrid exchange currently in its presale phase. 



Today, we will see how this hidden gem may stack up against two prominent tokens, VeChain (VET) and BNB (BNB). Let’s begin! 



VeChain (VET) Price?



VeChain (VET) recently declared the debut of VORJ, a Web3-as-a-Service initiative. With VORJ, users can now create and interact with smart contracts on VeChain (VET). 



But, this news has not affected the VeChain (VET) price as it now has a value of $0.02214, dropping by 1.72% in the past 24 hours. The technical analysis for VeChain (VET) also paints a neutral picture, with all its technical indicators and moving averages showing neutral signals. 



In this case, the most likely VeChain (VET) outcome will be a retest of the $0.021 level. If bears push the VeChain (VET) price below this level, VeChain (VET) may fall to $0.0194. 



Tradecurve Next Generation DeFi Platform 



Tradecurve.io will bring about something never-before-seen in the online trading sector – a decentralized trading exchange allowing users to trade stocks, forex, cryptocurrencies, and more, all from a single account. 



But the exciting part is that Tradecurve plans to improve security and transparency within the financial markets by implementing Proof-of-Reserves (PoR) protocols and cross-chain interoperability which will improve transaction speeds. 



The Tradecurve ecosystem provides users with a broad range of trading tools to help them improve their profitability when trading. Additionally, profitable traders may benefit from their success using copy trading tools, a feature that lets investors support them by repeating their trades in exchange for a subscription fee.



TCRV, the native token of the project, will grant holders access to discounts on trading fees, staking bonuses and access to the Tradecurve metaverse trading academy. The first stage of the presale has just begun $TCRV is initially priced at $0.01 and is set to increase significantly over the next coming weeks and some analysts have placed a $0.62 price target on $TCRV.



BNB (BNB) 



In the last month, BNB (BNB) has been trading at a horizontal line. BNB (BNB) increased by roughly 2.2% then, although there has been a little dip during the last seven days. 



Currently, BNB (BNB) has a value of $331.37, a fall of 0.05% on the last day alone. Moreover, the 24-hour BNB (BNB) trading volume has also decreased by 1.20%, now at $647,806,366.



On a positive note, the BNB (BNB) technical analysis shows a good situation, with all BNB (BNB) moving averages showing buy signals. BNB (BNB) could see further price growth to $360. However, investing in projects with more real-world utility and upside potential could be far more profitable. 



Follow the links below and register for the presale 



Buy presale | Website | Twitter | Telegram 
The post Which Crypto Could Boom – VeChain, Tradecurve, Or Binance? appeared first on BeInCrypto.


As the general crypto market is currently on a downswing, choosing one token to add to your investment portfolio can be difficult. But, our analysts believe they have found the perfect one &#8211; Tradecurve (TCRV), a borderless hybrid exchange currently in its presale phase. Today, we will see h...

beincrypto.com

Which Crypto Could Boom – VeChain, Tradecurve, Or Binance?


VeChain (VET) shows bullish signs in both the weekly and daily time frames, providing a bullish VET price prediction for April.



The Vechain (VET) price has increased since the beginning of the year. While the upward movement has not come close to reaching the long-term descending resistance line in place since the all-time high, it was successful in reclaiming the $0.022 support area. This rendered the previous breakdown (green circle) as a deviation. These deviations and reclaims usually bode well for the future price.



VET created a higher low in March 2023 (green icon), characterized by a long lower wick (green icon). Moreover, the weekly RSI is in the process of moving above 50, a sign associated with bullish trends. So, if the increase continues, the VET price could reach the resistance line at $0.034.



A weekly close below $0.022 would invalidate the bullish VET price forecast. In that case, the VET price could decrease toward $0.015.



VET/USDT Weekly Chart. Source: TradingView



VeChain (VET) Price Prediction for April: Correction Complete, Breakout Incoming



The technical analysis from the daily time frame aligns with the weekly one and shows extremely similar price action. This is visible in the deviation below (green circle) and reclaim of the $0.023 horizontal support area, which is also the 0.618 Fib retracement support level.



Furthermore, unlike the weekly time frame, the VET token price already broke out from a short-term descending resistance line. 



Finally, the daily RSI has moved above 50 (green icon). 



Therefore, the daily time frame price action supports the continuation of the upward movement toward $0.038. A daily close below $0.022 would nullify this bullish VET price prediction for April. As outlined previously, this would cause a drop toward $0.015.



VET/USDT Daily Chart. Source: TradingView



To conclude, the most likely Vechain price forecast is the continuation of the increase toward $0.038. This would be invalidated by a close below $0.022, causing a drop to $0.015.



For BeInCrypto’s latest crypto market analysis, click here.
The post Ready for Liftoff: VeChain (VET) Price Poised for 40% Gain in Coming Weeks appeared first on BeInCrypto.


The Vechain (VET) price could be in the first step of initiating a significant price rally.
The post Ready for Liftoff: VeChain (VET) Price Poised for 40% Gain in Coming Weeks appeared first on BeInCrypto.


VeChain price	$0.020041
Low - High 24H	$0.019693 - $0.02011
Market cap	$1.46B
Volume 24H	$44.79M
All time high	$0.280991 -92.87% April 19th 2021
All time low	$0.001917 944.80% March 13th 2020
Genesis date	N/A

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