What do the Long-Term Technicals Predict for VeChain (VET) Saturday?

VeChain receives a strong long-term technical score of 75 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

VET currently holds a superior long-term technical analysis score than 75% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

InvestorsObserver is giving VeChain a 75 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on VeChain!

Trading Analysis

VeChain’s price is $0.0200000 (25.43%) above its 100-day moving average price of $0.060000000 as its price at the moment sits at $0.080000000. Additionally, VET is $0.0400000 (-27852.40%) higher than its 52-week low price of $0.040000000 while -$0.20000000 (-3565.92%) under its 52-week high of $0.280000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives VET a strong long-term technical score of 75. Long-term trading movement of VeChain suggest that investors are neutral on the coin at the moment.

VeChain has a total market value of $5,083,879,052.05 with an high average daily volume of $3,581,950,356.16 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, VET’s volume is below its average with $498,222,367.39 exchanged in total.

Summary

Trading patterns over the last year for VeChain leads to the coin’s a strong long-term technical score of 75 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the coin.

Click Here to get the full Report on VeChain (VET).

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