VeChain(vet)market reviews and price predictions

VeChain market statement for 2022-10-06

Yesterday the price of vet stood at $0.02. The market capitalization of the asset was $1 730 881 767. VeChain’s volatility was established at 1.04%. The trading volume of the coin reached $48 466 786.

VeChain prognosis for the next days:

We estimate the price of VeChain to be $0.02 tomorrow 2022-10-08 and $0.02 on 2022-10-14;

We estimate the market capitalization of VeChain to reach $1 682 997 619 tomorrow 2022-10-08 and $1 700 024 927 on 2022-10-10;

We estimate the volatility of VeChain to become 0.78% tomorrow 2022-10-08 and 1.17% on 2022-10-10;

We estimate the trading volume of VeChain to amount to $57 519 650 tomorrow 2022-10-08 and $54 606 913 on 2022-10-10.

Our recommendation for the pair VET/USD for tomorrow, 2022-10-08, to sell.

VeChain(vet)week price prediction
3%
Price
Volatility
Capitalization
Volume
Sep 11Sep 18Sep 25Oct 02Oct 09Sep 11Sep 18Sep 25Oct 02Oct 090.02250.02300.02350.02400.02450.02500.02550.02600.02250.02300.02350.02400.02450.02500.02550.0260
Today's review

Buyers weakened their grip on the VeChain market (September 30 - October 6) as the price rose only by 1%.

The analysis of last week’s price action shows that the VeChain market is in the phase since the price has been moving upward. VET was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Latest reviews

Restrained price action on September 29 to October 5 as VeChain moves up by only 3%.

VeChain has been bullish last week as its price has been predominantly rising. The volatility of VET has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.

VeChain market stayed flat from September 24 - September 30.

VeChain portrayed neutral behavior last week, with no changes in the price. The situation on the VET market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.

September 17 - September 23 price action review: VeChain goes down by 6%.

VeChain has been bearish last week as its price has been predominantly falling. The price swings of VET pointed to the presence of low volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

VeChain slid down by 2% last week (September 16 - September 22) as the sellers pushed back.

The downward movement of the VeChain price last week indicates the chosen market is bearish. VET was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

VeChain market stayed flat from September 15 - September 21.

VeChain portrayed neutral behavior last week, with no changes in the price. VET has been going through a period of low volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

VeChain exploded by 11% in the period of September 6 - September 12 as the buyers got an upper hand.

VeChain has been last week as its price has been predominantly rising. The volatility associated with the VET market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

August 29 - September 4 price action recap: VeChain sees a weak 1% gain as the buyers take a step back.

Between August 29 - September 4, VeChain has been mostly as its price has been in the rising mode. VET was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

VeChain retraces by 2% in the period August 28 - September 3 as the market turns slightly bearish.

VeChain has been bearish last week as its price has been predominantly falling. The situation on the VET market shows that the underlying asset is currently experiencing a period of low volatility. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

VeChain market stayed flat from August 27 - September 2.

VeChain portrayed neutral behavior last week, with no changes in the price. VET has been going through a period of low volatility, which fell in line with the occurred price changes. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.

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