- VeChain gains 10.33% over the last 24 hours to touch $0.0060
- The next halt for VET coin may come at the resistance of $0.0062
- Investors may expect many such hikes in the medium-term
Amidst sluggish movement by most of the major coins, VeChain has shown strength over the last 24 hours. In this period, it has shown three major price swings. The range of the swings lies between $0.0054 and $0.0061.
VeChain Price Analysis
VET coin opened the day at $0.005506, and in the initial 18 hours and 38 minutes, the currency gained 12.29% and pushed the VeChain price to the highest of the day at $0.006183. It was followed by an 8.22% decline in the value that took the coin to $0.005675 from $0.006183 in just 4 hours and 20 minutes. The last swing happened between 22:55 & 02:20 UTC, and in these three and a half hours, VET coin added 8.30% and touched 0.006143 USD again.
VeChain’s market cap has shown an immense increment over the last 24 hours. The market cap was 327.337 million USD on December 23, and it has been increased to 337.215 million USD.
As per the VET price prediction for this year, current trend, and historical data, the currency may trade upwards, and the next halt may come at the resistance of 0.0062 USD.
