Home / Altcoins / VeChain Value Analysis: Value Continues to go Downside, Latitude 28 collaboration might help the currency

VeChain Value Analysis: Value Continues to go Downside, Latitude 28 collaboration might help the currency

Australia based well-known meat company Latitude 28 has alliances with VeChain to create meat traceability and increase its market in China. New technology is created on a Base stage utilizing VeChain ToolChain. The verification has also increased given by DNL GL, which the world’s leading certification service.

Current Status of VeChain (VET): The currency is ranking at 4eqst position in the cryptocurrency market. The currency is currently trading at the value of $0.005968 USD and 8its value is increasing by 3.55%. The market capitalization of the currency is $330,980,104 USD and its 24-hour volume is $30,074,396 USD. The circulating supply of the currency is 55,454,734,800 VET and the ROI of the currency is -60.32%.

On June 29, the currency was trading at the value of $0.00798183 USD and it decreases by 28.48% in the starting off today, but later the currency started to increase. On July 18, the currency was trading at the value of $0.00550022 USD, but yesterday the currency was under the bearish correction. Yesterday it opened at the value of $0.006226 USD and was decreasing by 6.21% and closed at $0.005840.

The short-period actions of the coin are unpredictable, but the tong-period is good. The experts think that the currency might achieve the value of $0.015 USD. The main resistance of the VET lies at $0.00614633 and the main support level lies around the value of $0.005636.

The experts are predicting that the currency will surge with the help of collaboration with Latitude 28. At the present time, there is a good time to buy the coin, the short-period looks bearish but there will be a good result in the long-period investment.

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About Arushi Dubey

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Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

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