VeChain(vet)market reviews and price predictions

VeChain market statement for 2023-02-08

Yesterday the price of vet stood at $0.03. The market capitalization of the asset was $1 883 832 349. VeChain’s volatility was established at 4.44%. The trading volume of the coin reached $88 354 238.

VeChain prognosis for the next days:

We estimate the price of VeChain to be $0.03 tomorrow 2023-02-10 and $0.02 on 2023-02-16;

We estimate the market capitalization of VeChain to reach $1 778 109 434 tomorrow 2023-02-10 and $1 791 920 007 on 2023-02-12;

We estimate the volatility of VeChain to become 5.95% tomorrow 2023-02-10 and 3.98% on 2023-02-12;

We estimate the trading volume of VeChain to amount to $88 631 028 tomorrow 2023-02-10 and $79 891 995 on 2023-02-12.

Our recommendation for the pair VET/USD for tomorrow, 2023-02-10, to sell.

VeChain(vet)week price prediction
2%
Price
Volatility
Capitalization
Volume
Jan 15Jan 22Jan 29Feb 05Feb 12Jan 15Jan 22Jan 29Feb 05Feb 120.0180.0200.0220.0240.0260.0180.0200.0220.0240.026
Today's review

The torpid VeChain had its price rise only by 2% last week (February 2 - February 8).

The price of VeChain was rising last from February 2 until February 8, giving enough reason to conclude that the market is bullish. The price swings of VET pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

Latest reviews

Last week’s (February 2 - February 8) irresolute VeChain : the price moved up no more than 2%.

Between February 2 - February 8, VeChain has been mostly bullish as its price has been in the rising mode. The price swings of VET pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Reservedly bullish : the price of VeChain grew by 10% in the period of February 1 - February 7.

The price of VeChain was rising last from February 1 until February 7, giving enough reason to conclude that the market is bullish. VET has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

The bullish pressure subsides between January 22 and January 28 as VeChain gains only 5%.

The analysis of last week’s price action shows that the VeChain market is in the bullish phase since the price has been moving upward. The price swings of VET pointed to the presence of medium volatility. 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.

January 20 - January 26 market watch: VeChain goes up by 12% as buying pressure persists.

The price of VeChain was rising last from January 20 until January 26, giving enough reason to conclude that the market is bullish. VET has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

VeChain exploded by 14% in the period of January 18 - January 24 as the buyers got an upper hand.

The price of VeChain was rising last from January 18 until January 24, giving enough reason to conclude that the market is bullish. The situation on the VET market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Reservedly bullish : the price of VeChain grew by 6% in the period of January 17 - January 23.

VeChain has been bullish last week as its price has been predominantly rising. The situation on the VET market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Market review from January 16 to January 22 : VeChain gets a 7% price appreciation.

The price of VeChain was rising last from January 16 until January 22, giving enough reason to conclude that the market is bullish. The volatility associated with the VET market was medium, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.

Reservedly bullish : the price of VeChain grew by 7% in the period of January 12 - January 18.

Between January 12 - January 18, VeChain has been mostly bullish as its price has been in the rising mode. VET was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

December 22 - December 28 market wrap: VeChain had a slight 1% drop.

The bearish behavior of VeChain last week was characterized by the occurrence of downswings. The volatility of VET has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

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