VeChain (VET) Price Dip: Buy Now or Wait and See?
- VeChain (VET) nears 1-month low of $0.02723, with RSI at 30%.
- Despite the bearish trend, VeChain’s Mainnet hits record with 15 million clauses executed.
- An analyst predicts a 3,000% surge for VeChain in the next few days.
VeChain (VET), currently priced at $0.033, has dropped 22.24% over the past 24 hours. The broader crypto market, including Bitcoin, has been showing mixed signs of stability and volatility. Some cryptos are attempting to bounce back stronger, while others, like VeChain, are in a bit of a holding pattern.
Over the past few weeks, VeChain has been trading sideways, forming a range between key levels. VeChain has been bouncing between support at $0.032 and resistance at $0.055. However, it’s in a cooling-off phase after a major move in November. The next level to watch for VeChain is its 1-month low of $0.02723, which it is currently approaching, and the 14-day RSI at 30% indicates that VeChain may be in oversold conditions.
Related: Bitcoin Liquidations Surge as Volatility Grips Crypto Market
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VeChain (VET) Price Dip: Buy Now or Wait and See?
- VeChain (VET) nears 1-month low of $0.02723, with RSI at 30%.
- Despite the bearish trend, VeChain’s Mainnet hits record with 15 million clauses executed.
- An analyst predicts a 3,000% surge for VeChain in the next few days.
VeChain (VET), currently priced at $0.033, has dropped 22.24% over the past 24 hours. The broader crypto market, including Bitcoin, has been showing mixed signs of stability and volatility. Some cryptos are attempting to bounce back stronger, while others, like VeChain, are in a bit of a holding pattern.
Over the past few weeks, VeChain has been trading sideways, forming a range between key levels. VeChain has been bouncing between support at $0.032 and resistance at $0.055. However, it’s in a cooling-off phase after a major move in November. The next level to watch for VeChain is its 1-month low of $0.02723, which it is currently approaching, and the 14-day RSI at 30% indicates that VeChain may be in oversold conditions.
Related: Bitcoin Liquidations Surge as Volatility Grips Crypto Market
Altcoins Test Support Levels
The broader altcoin market is currently testing a major support level, which could lead t…
The post VeChain (VET) Price Dip: Buy Now or Wait and See? appeared first on Coin Edition.
Read More