VeChain (VET) Price Expected to Reach $0.0181 by 2025
- Price Forecast: Analysts project that VeChain's price will reach $0.0181 by 2025, reflecting optimistic market sentiment regarding its growth potential, particularly in global supply chain management applications.
- Long-Term Outlook: By 2031, VeChain's price could surge to $0.13, indicating a strong value proposition in blockchain solutions that attracts investor interest in long-term investment opportunities.
- Market Dynamics: Despite facing market volatility and regulatory uncertainties, VeChain demonstrates resilience with a current market cap of $954 million and a 24-hour trading volume of $22.6 million, indicating stability in the crypto market.
- Technical Analysis: VeChain found support at $0.00950, recently rebounding to $0.01100, showcasing short-term recovery potential, and if it breaks through the resistance at $0.01150, it could trigger a larger upward trend.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for VET
Technical Sentiment Analysis for VeChain (VET) As of , VeChain (VET) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for VET stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, VET is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
VeChain (VET) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00391 | 0.00524 | 0.00677 | 0.0081 | 0.00963 | 0.011 | 0.0125 |
| Fibonacci | 0.00524 | 0.00634 | 0.00701 | 0.0081 | 0.0092 | 0.00987 | 0.011 |
About VET
About the author
