VeChain (VET) Price Prediction for August 11
After rebounding from early August lows near $0.02220, VET price today is consolidating around $0.02503 within a rising channel on the 4-hour chart. Price is holding above the channel midline at $0.02480, with the broader daily structure showing a climb from the 0.236 Fibonacci retracement at $0.02190 toward the 0.5 retracement at $0.02696.
The recovery has also moved the market above the descending trendline from late July, adding structural confirmation to the bullish bias. The next 24 hours will depend on whether price can break through the $0.02566 resistance and extend toward higher liquidity zones.
What’s Happening With VeChain’s Price
On the daily chart, VET has reclaimed the $0.02420 Fibonacci 0.382 pivot and is advancing toward the $0.02696 Fibonacci 0.5 level. The bounce from the $0.02190 base has been supported by the break of the July downtrend line, giving buyers control of the short-term structure.
The 4-hour chart shows price respecting an ascending channel from August 1, with immediate support at the $0.02480 midline and deeper demand between $0.0…
The post VeChain (VET) Price Prediction for August 11 appeared first on Coin Edition.
VeChain (VET) Price Prediction for August 11
After rebounding from early August lows near $0.02220, VET price today is consolidating around $0.02503 within a rising channel on the 4-hour chart. Price is holding above the channel midline at $0.02480, with the broader daily structure showing a climb from the 0.236 Fibonacci retracement at $0.02190 toward the 0.5 retracement at $0.02696.
The recovery has also moved the market above the descending trendline from late July, adding structural confirmation to the bullish bias. The next 24 hours will depend on whether price can break through the $0.02566 resistance and extend toward higher liquidity zones.
What’s Happening With VeChain’s Price
On the daily chart, VET has reclaimed the $0.02420 Fibonacci 0.382 pivot and is advancing toward the $0.02696 Fibonacci 0.5 level. The bounce from the $0.02190 base has been supported by the break of the July downtrend line, giving buyers control of the short-term structure.
The 4-hour chart shows price respecting an ascending channel from August 1, with immediate support at the $0.02480 midline and deeper demand between $0.0…
The post VeChain (VET) Price Prediction for August 11 appeared first on Coin Edition.