Vechain price analysis : After a long term stay in the red zone, Vechain has displayed a satisfactory recovery. This upsurge on the part of the token will act as a relief pill for VET traders and investors. It is expected that this consolidation is going to strengthen in the next coming days.
Price of Vechain
The current rate of VET at the time of writing is $0.0043 with 5.04% in 24-hours.
Vechain Price Statistics
Market Cap: $240,876,855 USD and 23,589 BTC.
24-hours Volume: $34,073,875 USD
Circulating Supply: 55,454,734,800 VET
Rank: 32
Vechain Price Prediction
The value of Vechain is not just in the consolidation zone but all the crypto markets are showing greenish trend lines. But the difference is that it is one of those coins who are moving in an upward direction from the last four to five days. It has jumped from the mark of $.0.003 to the current figure of $0.004.
Vechain News and Events
The conference of Vechain will be organized on October 10 under the auspices of the European Commission:
BLOCKWALKS has been organized to start an ongoing dialogue of how these new technologies can and will affect us…
Digital Carbon ecosystem recently integrated with Vechain to launch a program called QingTanHui Life to expand its wings more in China.
Introducing QingTanHui Life, the first green step towards global mass adoption of the Digital Carbon Ecosystem. With this mini-program, over 1 billion WeChat users in China can now participate in and access the Digital Carbon Ecosystem.
5-day Performance
The coin has shown a great price rally from the past 5 days after a deep voyage in the bearish trend since the mid of July. It is a surprise on the part of the token as it seems to move towards the bullish zone. The recent retracement with green candles has pumped the feelings of traders. It is estimated that almost 21.83% recovery is noted in the past 5 days.
Conclusion
According to our technical analysis based on the performance of the past 5 days, the next goal of the coin is $0.005.
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