VeChain Price Analysis: VET sets daily high at $0.1239, now gradually retraces?

TL;DR Breakdown Today’s VeChain price analysis is indicating a bear market on the daily 24-hour VET/USD daily trading range starts from an intraday low of $0.1191 – $0.1239.VeChain began a bullish uptrend at the close of July, Today’s VeChain price analysis is indicating a bear market on the daily 24-hour candlesticks after the price undertook a gradual breakout and suddenly retraced back to $0.1150.  The general cryptocurrency market is trading on neutral ground. Some altcoins are gaining, others are losing. Market leader BTC declined by 1.56 percent while ETH improved by 6 percent. The best perfomer on the charts is Polkadot with a 15 percent increase.  VeChain price movement in the last 24 hours: VeChain spikes to $0.125 The 24-hour VeChain price analysis has recorded that the VET/USD daily trading range starts from an intraday low of $0.1191 – $0.1239. Such a broad range shows an increase in volatility over the last 24 hours. VeChain witnessed a 1.79 percent surge in trading volumes and sums $791 million. During press time, VeChain is ranked at position #22 with a sum market capitalization of $7.7 billion.  VET/USD 4-hour chart: VET set to retrace overnight? The 4-hour candlesticks on our VeChain price analysis managed to stage an uptrend that got rejected at $0.1231, which might have led the price towards a new daily high at $0.1240.  VET/USD 4-hour chart. Source: TradingView VeChain began...