VeChain (VET) Price Prediction 2022
VeChain holds the 37th position on CoinGecko right now. VET price prediction 2022 is explained below with a daily time frame.
The above chart of VET laid out the horizontal channel pattern, also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
Currently, VET is in the range of $0.02545. If the pattern continues, the price of VET might reach the resistance level of $0.03322. If the trend reverses, then the price of VET may fall to $0.02361, and $0.02071.
VeChain (VET) Support and Resistance Levels
From the above daily time frame, we can interpret the following as the resistance and support levels of VET.
Resistance Level 1 $0.02667
Resistance Level 2 $0.03366
Resistance Level 3 $0.04358
Resistance Level 4 $0.06823
Support Level 1 $0.02025
VET Resistance & Support Level
VeChain holds the 37th position on CoinGecko right now. VET price prediction 2022 is explained below with a daily time frame.
The above chart of VET laid out the horizontal channel pattern, also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
Currently, VET is in the range of $0.02545. If the pattern continues, the price of VET might reach the resistance level of $0.03322. If the trend reverses, then the price of VET may fall to $0.02361, and $0.02071.
VeChain (VET) Support and Resistance Levels
From the above daily time frame, we can interpret the following as the resistance and support levels of VET.
Resistance Level 1 $0.02667
Resistance Level 2 $0.03366
Resistance Level 3 $0.04358
Resistance Level 4 $0.06823
Support Level 1 $0.02025
VET Resistance & Support Level
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