VeChain Records a Marginal 0.83% Increment

• VET grew by 0.83% over the last 24 hours to trade around 0.00328 USD
• It may find the next resistance at 0.0034 USD

VET has shown a 0.83% hike in the last 24 hours and the value has now touched 0.00328 USD. It has shown three major price swings over the last 24 hours in the price range of 0.0032 USD and 0.0034 USD.

VET Price Analysis:

The first swing of VET started at 0.003262 USD and over the next 12 hours and 35 minutes, it touched 0.003355 USD. The next variation happened between 14:19 UTC and 19:33 UTC and this swing could add 0.0001 USD to the value and pushed it to 0.0034 USD, the highest for the day. Later VET witnessed a slump in the value by 4.34% which pushed it to trade at 0.003294 USD.

The current market cap of VET stands at 187.23 million USD and it has shown an overall increment over the last 24 hours. The market cap of VET on October 20 stood at 186.66 million USD.

VET’s 50-day average is 0.00375554 USD and its 20-day average stands at 0.00351216 USD. The current trading price is 0.0032895 USD which records 12.40% and 6.33% less than the 50-day average and 20-day As per VeChain Price Prediction, VET’s next resistance is likely to come at 0.003402 USD.