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- VeChain is trading with bullish momentum and seeking a positive climb in the crypto market but bears are not backing off.
- Even though prices are rising, there is a heavy variation in them.
- The VET/BTC pair is also performing positively the slight profit of 0.26 % bringing the levels to 0.00000054.
The VET prices are having an upsurge and they break the resistance level of $0.003850 and currently trying to continue this up streak but it all faded against the current resistance level of $0.0039000.
VET prices touched the bottom line of $ 0.003800 due to a sharp negative divergence but this level holds them and provides them a major boost up. Prices badly want to achieve this price level as they are constantly acquiring bullish momentum even after falling.
The cryptocurrency have acquired strong support of price level of $0038500 which is performing well in favor of VET prices.
Currently VETs’ market capitalization is $215,599,975 USD with volume traded of $116,832,048 USD and circulating supply of 55,454,734,800 VET.
Vechain Price Analysis
The VeChain price chart indicates that the bullish momentum is trying to make an up-surge but there are lots of alternations in the nature of the prices. At a slow and steady pace prices are climbing up but they are struggling against this volatility.
The technical indicators and oscillators are in VET’s favor as they are showing an increase in the buying volume of the cryptocurrency.
The MACD levels are trading with bullish dominance, which is a good indication for the cryptocurrency holders. As there is a dominance in the buying volume of the cryptocurrency.
The 24hr-RSI is showing that there is a positive change in the prices and they are looking able to maintain sustainability and currently trading between the level of 60 and 55.
The 24hr CCI performing well with an impressive upsurge in them as they entered into the over buying region.
Resistance Level: $ 0.003900
Support Level: $ 0.003850
