Cryptoknowmics
2022-11-28 06:47:23

VET Technical Analysis: VeChain in Constant Struggle At Declining Trendline

The technical analysis reflects the declining trend under the influence of resistance and 200-day EMA with RSI struggling to stay above the halfway line. VeChain (VET) price action displays a downtrend in the market as prices dropped below $0.018 during early trading hours. Although recent consolidation signals some stability in the market, the sideways movement is yet to confirm a recovery pattern. Despite the 24-hour trading volume of VET rising by 20.05% to $34.04 billion, the VET saw a drop of 4.11%. Indicating a downtrend, the market valuation also declined to $1.31 billion with a 4.05% drop. At a base The post VET Technical Analysis: VeChain in Constant Struggle At Declining Trendline appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.