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Cryptopolitan 2021-08-23 14:32:06

VeChain Price Analysis: VET consolidates around $0.13, set to break higher?

TL;DR Breakdown VeChain price analysis is bullish for today.VET/USD consolidates in an increasingly tighter range.VET is ready to spike to $0.15. VeChain price analysis is bullish for today as the market has established another higher low yesterday and currently build momentum for a spike above the $0.14 mark. Therefore, we expect VET/USD to rally to the next resistance at $0.15 later this week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded in the green over the last 24 hours. Bitcoin is up by almost 4 percent, while Ethereum is up by 6.1 percent. VeChain (VET) is among the best performers, with a gain of 5 percent. VeChain price movement in the last 24 hours: VeChain sets another higher low VET/USD traded in a range of $0.1238 – $0.1348, indicating a moderate amount of volatility over the last 24 hours. Trading volume totals $969.5 billion, which is up by 20 percent from yesterday. Meanwhile, the total market capitalization trades around $8.62 billion, ranking the cryptocurrency in 22nd place overall. VET/USD 4-hour chart: VET targets the $0.15 mark next? On the 4-hour chart, we can see bulls pushing the VeChain price higher once again after another higher low set yesterday around $0.125. VET/USD 4-hour chart. Source: TradingView VeChain price action has rallied by more than 150 percent from the previous swing low around $0.056, set on the 20th of July. Last week, VET/USD approached the ...

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