Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- VeChain is down -9.98% today against the US Dollar
- VeChain is currently trading 8.32% below our prediction on Nov 15, 2022
- VeChain dropped -8.33% in the last month and is down -88.09% since 1 year ago
| VeChain price | $ 0.020528 |
| VeChain prediction |
$ 0.022390 (9.07%) |
| Sentiment |
Bearish |
| Fear & Greed index |
22 (Extreme Fear) |
| Key support levels | $ 0.017808, $ 0.016102, $ 0.013163 |
| Key resistance levels | $ 0.022452, $ 0.025391, $ 0.027097 |
VET price is expected to rise by 9.07% in the next 5 days according to our VeChain price prediction
VeChain price today is trading at $ 0.020528 after losing -9.98% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -7.10% in the same time period. VET performed well against BTC today and recorded a 0.63% gain against the world’s largest cryptocurrency.
According to our VeChain price prediction, VET is expected to reach a price of $ 0.022390 by Nov 15, 2022. This would represent a 9.07% price increase for VET in the next 5 days.
VET Price Prediction Chart
What has been going on with VeChain in the last 30 days
VeChain has been displaying a negative trend recently, as the coin lost -8.33% in the last 30-days. The medium-term trend for VeChain has been bearish, with VET dropping by -37.47% in the last 3 months. The long-term picture for VeChain has been negative, as VET is currently displaying a -88.09% 1-year price change. On this day last year, VET was trading at $ 0.172358.
VeChain reached its all-time high price on Apr 19, 2021, when the price of VET peaked at $ 0.282922. The current VET cycle high is $ 0.020856, while the cycle low is at $ 0.018981. VET has been displaying low volatility recently – the 1-month volatility of the coin is at 4.61. VeChain recorded 16 green days in the last 30 days.
VeChain technical analysis for today – Nov 10, 2022
The sentiment in the VeChain markets is currently Bearish, and the Fear & Greed index is reading Extreme Fear. The most important support levels to watch are $ 0.017808, $ 0.016102 and $ 0.013163, while $ 0.022452, $ 0.025391 and $ 0.027097 are the key resistance levels.
Bearish sentiment for VeChain
3 indicators are currently signaling a bullish prediction for VeChain, while 27 indicators are showing a bearish forecast. With 90% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for VeChain.
Crypto market is currently experiencing Extreme Fear
Currently, the Fear & Greed index is at 22 (Extreme Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
VeChain moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how VeChain is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.023256 (SELL) | $ 0.019513 (BUY) | – | – |
| MA5 | $ 0.024070 (SELL) | $ 0.022090 (SELL) | – | – |
| MA10 | $ 0.024031 (SELL) | $ 0.023493 (SELL) | – | – |
| MA21 | $ 0.023473 (SELL) | $ 0.023606 (SELL) | $ 0.024355 (SELL) | $ 0.026377 (SELL) |
| MA50 | $ 0.023194 (SELL) | $ 0.023638 (SELL) | $ 0.045104 (SELL) | $ 0.042076 (SELL) |
| MA100 | $ 0.024982 (SELL) | $ 0.025039 (SELL) | $ 0.071595 (SELL) | $ 0.050536 (SELL) |
| MA200 | $ 0.027650 (SELL) | $ 0.032173 (SELL) | $ 0.039632 (SELL) | $ 0.047232 (SELL) |
| Period | Value | Action |
| RSI (14) | 35.87 | NEUTRAL |
| Stoch RSI (14) | 11.70 | BUY |
| Stochastic Fast (14) | 28.29 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 20.63 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -71.71 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 47.31 | NEUTRAL |
| VWMA (10) | 0.02 | SELL |
| Hull Moving Average (9) | 0.03 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for VeChain is at 35.87, suggesting that VET is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of VeChain over the last 50 days. Currently, VeChain is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the VET closing price for the last 200 days. VET is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this VeChain prediction
After considering the above factors, we can conclude that the current forecast for VeChain price prediction is Bearish. VET would have to increase by 9.07% to hit our $ 0.022390 target within the next five days. Moving forward, it will be important to monitor the VET market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term VeChain price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
