Vechain price spikes 28% as BTC and ETH see double-digit gains

2021-10-2 15:17

Bitcoin's rebound above $47k has catalysed gains across the altcoin market, with VET among the biggest gainers

Vechain price has soared by more than 28% in the past 24 hours, with bulls likely to achieve a daily close above $0.12 for the first time since 16 September.

The VET token price is currently hugging the line near the above price target after buyers blitzed past the psychological barrier at $0.10. As the broader market looks to extend the gains seen on Friday, VET price could move towards another hurdle around $0.14 or higher.

The upside for Vechain comes as the overall market looks to stride into October on a bullish note. The majority of the cryptocurrencies are in the green after a choppy September punctuated by Bitcoin (BTC) and Ethereum (ETH)'s struggle amid bearish news from across the market.

As of writing though, BTC and ETH prices against the US dollar have recorded double-digit gains to break above $47,000 and $3,300 respectively.

VET/USD price outlook

The 4-hour chart shows Vechain is trading with a strong bullish perspective as buyers look to break higher. The VET/USD pair has climbed above both the 50 and 100 SMA, while the RSI is positive as it holds within the overbought territory.

VET/USD 4-hour chart. Source: TradingView

The increase in buy-side volume is likely to aid bulls' attempts to ward off profit-taking deals as seen in the current candlestick. Bulls need to push above the blue horizontal line (near $0.11) to open up the path to $0.12. 

If they achieve a close above this level on the next candle, buyers will no doubt push for $0.14 (red line that highlights the main resistance zone from August).

VET/USD hourly chart. Source: TradingView

On the hourly chart, VET price is looking to establish support near $0.11. However, the RSI suggests sellers are keen on the action and might fancy a retest of the first anchor around $0.10.

A rebound from here is likely, but if bearish appetite surges, VET/USD could revisit the demand zone around the 50 and 100 hourly SMAs at $0.091 and $0.089 respectively.

The post Vechain price spikes 28% as BTC and ETH see double-digit gains appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 76190.36 (-0.30%)
Объем 24H $63.474b
Изменеия 24h: 0.53 %, 7d: 8.33 %
Cегодня L: $76190.36 - H: $76678.74
Капитализация $1506.784b Rank 1
Цена в час новости $ 47821.31 (59.32%)

gains double-digit price vechain eth see btc

Источник: coinjournal.net

gains double-digit → Результатов: 117


Everything you need to know about traders' 'dream portfolio' with XRP, Binance coin, Dogecoin and Matic

Imagine buying an altcoin and giving in to the selling pressure before booking profits vs buying and posting double-digit gains in under 30 days. Selling early is one of the biggest regrets of retail The post Everything you need to know about traders' 'dream portfolio' with XRP, Binance coin, Dogecoin and Matic appeared first on AMBCrypto.

2021-4-30 21:33


Фото:

NEM (XEM) pushes to $0.5 as the cryptocurrency passes the 400tps stress test

NEM (XEM) posted double-digit gains in the past 24 hours as it successfully completed the 400 transactions per second stress test on its testnet. What should you expect next, and should you buy some XEM now? Fundamental analysis: 400tps stress test complete on NEM’s testnet New Economy Movement (or NEM for short), is an ecosystem […] The post NEM (XEM) pushes to $0.

2021-2-20 22:42


Фото:

IOTA (MIOTA) posts double-digit gains ahead of its Chrysalis upgrade

IOTA’s price posted double-digit gains in the past 24 hours, with its price reaching as high as $1.5. What was the cause of this price gain, and should you buy some MIOTA now? Fundamental analysis: Chrysalis update pushes IOTA to new use cases IOTA is a distributed ledger-based digital currency that doesnt actually have a […] The post IOTA (MIOTA) posts double-digit gains ahead of its Chrysalis upgrade appeared first on Invezz.

2021-2-19 21:26


Фото:

BTC hits $40k just three days after a massive dip

BTC has shot up in the last 24 hours, recording double-digit gains and hitting the $40k mark just three days after pulling back to $30k. This uptick was certainly a surprise as many analysts called for a pullback below $30,000, or even said that “this bubble has popped” and called for another 85% retracement, which […] The post BTC hits $40k just three days after a massive dip appeared first on Invezz.

2021-1-15 21:14


дальше еще 68 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

На Blockchain Life 2024 в Дубае встретились лидеры крипто сообщества из 120 стран

Дубай, 23 октября 2024 – Главное событие для лидеров крипто отрасли со всего мира состоялось с невероятным количеством участников – 12 119 человек. На форуме выступили более 200 звездных спикеров, среди которых были пионеры отрасли и руководители крупнейших компаний, включая OKX, CoinMarketCap, Bitmain, Bybit, Binance, Animoca Brands, Circle, BingX, ICP, Kraken, TON, Sandbox, Polygon, Litecoin, […] Материал На Blockchain Life 2024 в Дубае встретились лидеры крипто сообщества из 120 стран появился сначала на WHATTONEWS – Новости криптовалют.

Crypto price forecasts: Tron, VeChain, Helium (HNT)

It was another dull week in the cryptocurrency market as the crypto fear and greed index slipped to the fear zone of 37 while Bitcoin remained in a consolidation phase. Bitcoin was trading below $60,000 while Ethereum fell below $2,500.

Notcoin surges 11%, nearly flips VET, MKR and OP

Notcoin (NOT) has surged more than 11% in the past 24 hours, breaking above $0.021 as bulls hit a two-week high. The Telegram-based game token’s price is likely to rally further amid fresh momentum for the related Toncoin (TON) coin,…