VeChain price analysis: VET declines to $0.041

The VeChain price analysis shows that the price of VET/USD has followed a declining trend in the last 24 hours. The price has shifted towards an antagonistic movement, decreasing significantly, dropping from the $0.043 mark.

Timeline of Vechain

VeChain price analysis suggests sideways movement across the short term. The closest support level lies at $0.04500 VET faces resistance at the $0.04600 mark The VeChain price analysis shows that the asset's price action was rejected at the $0.04600 mark and is headed back towards the $0.04500 support level as the bears take.

The VeChain price analysis shows that the price of VET/USD has followed a declining trend in the last 24 hours. The price has shifted towards an antagonistic movement, decreasing significantly, dropping from the $0.054 mark.

Recent Vechain price analysis reveals a positive market sentiment that has been witnessed in the last 24 hours. VET prices are seen to have increased by 2.42 percent as the prices prepare for a potential breakout after a surge in prices over the last few hours.

With Bitcoin sailing near its high liquidity range, the wider market refrained from making a volatile move in the last few days. Thus, the sentiment still lurked around the ‘fear' zone.

VeChainThor is the world's leading enterprise-grade smart contract platform. Since its original launch in 2015, the network has been built on an impressive list of companies including Walmart, BMW, LVMH, DNV, PwC, Bayer and more.

Supply chain-focused VeChain (VET) is now accepted as payment at over two million stores across the globe after partnering with crypto payments protocol Alchemy Pay (ACH). According to an announcement, VeChain's native token VET can now be used to purchase real-world goods and services via Alchemy Pay's platform with instant transactions that cost less than The post VeChain (VET) Now Accepted As Payment in 2,000,000 Stores Worldwide Thanks to New Partnership appeared first on The Daily Hodl.