VeChain (VET) Long Term Price Forecast- December 15

2018-12-15 11:32

VET/USD Long-term Trend: Bearish

Resistance levels: $0.0080, $0.0090, $0.010
Support levels: $0.0040, $0.0030, $0.0020

The VET/USD pair is still in a bearish trend. On November 8, the price of VeChain was resisted by the 26-day EMA and price fell from the high of $0.01058 to the low of $0.00343 as at the time of writing. The 12-day EMA and the 26-day EMA are trending southward indicating that price falling. The crypto’s price is below the Exponential moving averages indicating that price is likely to fall.

Meanwhile, the stochastic indicator is above the 20% range which indicates that the price of Vechain has a bullish momentum and a buy signal. In addition, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. There will be no trade recommendation until the bearish pressure is exhausted.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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VeChain Price Prepares for Lift-off as HitBTC Trading Goes Live

A lot of the top cryptocurrencies are on the brink of noting strong gains. VeChain is one of the first movers in the top 20 to show some signs of life. The VET price has noted a strong 2% increase over the past 24 hours, and it seems there may be further gains on the […] The post VeChain Price Prepares for Lift-off as HitBTC Trading Goes Live appeared first on NullTX.

2018-10-3 00:40