Cryptopolitan
2021-09-19 10:20:11

VeChain Price Analysis: VET finds support at $0.11 again, an upside to follow today?

TL;DR Breakdown VeChain price analysis is bullish for today.VET/USD still holds above $0.11 support.VET is likely to move higher today. VeChain price analysis is bullish for today as the $0.11 mark still holds as support. Therefore, we expect VET/USD to reverse higher again and look to retest the closest resistance at $0.123 next. Cryptocurrency heat map. Source: Coin360 The overall market traded slightly in the red over the last 24 hours. The market leader, Bitcoin, is down by 1 percent, while Ethereum has lost 3.03 percent. Meanwhile, Cosmos (ATOM) is the best performer, with a gain of almost 9 percent. VeChain price movement in the last 24 hours: VeChain retests $0.11 support again VET/USD traded in a range of $0.1113 – $0.1155, indicating low volatility over the last 24 hours. Trading volume has decreased by 25.59 percent and totals $264.6 billion. Meanwhile, the total market capitalization trades around $7.25 billion, ranking the coin in 28th place overall. VET/USD 4-hour chart: VET look to move higher today? On the 4-hour chart, we can see the VeChain price testing the $0.11 support again as bulls likely prepare to take over again. VET/USD 4-hour chart. Source: TradingView VeChain price action has seen strong volatility so far this month. After several days of bullish momentum took the market price to $0.155 new swing high, a sharp drop was seen on the 7th of September. VET/USD quickly lost more than 30 percen...

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