VeChain Price Analysis: VET/USD charges towards $0.19
|- VET/USD bulls remained in control for the third straight day.
- The MACD shows decreasing bearish momentum.
VET/USD daily chart
VET/USD bulls have stayed in control for the third straight day. It is currently priced at $0.1887. The buyers are currently aiming for the $0.19-level, while the price is hovering above the triangle formation. The MACD shows decreasing bullish momentum, while the RSI is trending horizontally around 66.67, next to the overbought level.
VET/USD has healthy support at $0.0164, $0.017 and $0.0172 (SMA 20). On the upside, there are two strong resistance levels at $0.019 and $0.0197.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.