How Does the Chart Look Friday?

VeChain receives an average long-term technical score of 58 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

Currently, VET holds a superior long-term technical analysis score than 58% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

Trading Analysis

The current trading price of $0.049717538 for VET is -$0.0163096 (-24.70%) below the coins 100-day moving average of $0.066027116. VET meanwhile is $0.0105074 (-27927.20%) above its 52-week low of $0.039210103 and -$0.22849856 (-3576.46%) under its 52-week high price of $0.278216094. VeChain’s current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 58. The price movement and range of VET suggest that investors are neutral on the coin at this time.

VeChain has a total market value of $3,197,612,135.50 with an high average daily volume of $1,390,779,356.73 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 $192,209,697.59 exchanged in total.

Summary

Trading patterns over the last year for VeChain leads to the coin’s an average long-term technical score of 58 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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