VeChain (VET) has shown notable fluctuations over the past two weeks, with its price moving between $0.0228 and $0.0272. This period has been marked by both upward momentum and market corrections, reflecting mixed sentiment among traders.
Recent Price Performance
On March 10, VET dropped to $0.0228 before rebounding gradually. By March 19, the price surged to a high of $0.0272, driven by increased trading activity. However, this peak was followed by a pullback, bringing the price down to around $0.0252 by March 21. Since then, VET has been consolidating between $0.0250 and $0.0258, indicating a period of stabilization.
Key Support and Resistance Levels
- Support: $0.0240 remains a strong support level, as seen from previous rebounds.
- Resistance: The $0.0272 level represents a key barrier that VET must break for further upside.
Next 3-Day Price Prediction
Given the recent price consolidation, VET is likely to remain within a tight range over the next three days. The short-term outlook suggests:
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- March 25: VET is expected to trade between $0.0248 and $0.0260, with minor fluctuations as traders assess market conditions.
- March 26: If buying pressure increases, VET could test the $0.0265 level, but resistance near $0.0270 may limit further gains.
- March 27: A breakout above $0.0272 would confirm a bullish trend, potentially pushing VET toward $0.0280. However, if selling pressure dominates, the price may revisit $0.0245.
Overall, VET’s short-term trajectory depends on market sentiment and broader crypto trends. If momentum remains positive, a breakout above $0.0272 is possible; otherwise, consolidation between $0.0245 and $0.0265 is expected. Traders should watch volume and price action closely for the next move.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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