Analysis of VeChain prices for today (December 17, 2024)

The current price of VeChain (41303909007) is $0.0585, the price has increased by +3.62% in the last 24 hours. Currently, VET is available on 36 exchanges, and in the last 24 hours, 3,240,781,360 VET coins have been traded, amounting to $189,533,690 in trading volume.

Today, VeChain (VET) opened at $0.0554. It has increased by 5.54% from the opening price. After dropping to $0.0542, it is attempting to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -25.72% and -8.41%, while from the minimum recorded price for the same period, it has increased by 107.62% and 14.46%.

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According to our analysis, VET needs to stay above $0.0554 to potentially move towards the first significant resistance level at $0.0601. A breakout above $0.0601 could lead to an increase of VET to the next resistance level at $0.0693. The third resistance is at $0.0789.

If the price falls, the first support level to watch is $0.0554. If this level does not hold, further decline may occur to the next support level at $0.0508.