Since the day’s opening, buyers of VeChain (VET) have dominated, erasing the effects of the downward trend that had pushed prices to a support level of 0.01543. Despite encountering resistance at the intraday high of $0.01583, bulls were able to push the price of VET up to $0.01556 (an increase of 0.04%) at the time of writing.
The positive control increased the market capitalization by 0.07% to $1,128,361,563; however, the 24-hour trading outlook fell short by 2.86% to $26,664,636. This decline in volume could indicate that it’s time to sell and make a profit in VET.
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The article Technical Indicator Points South, But the Bull Remains in Control of VET appeared first on Coin Edition.