#ETH #ETH with other positive news to buoy buyers. VET surged as high as $0.023, the cryptocurrency’s highest level since April 30.

But in reaching a six-month high, VeChain welcomed profit takers amid similar struggles for crypto and equities. Indeed, VET/USD is down 5% in the past 24 hours and nearly 8% this past week. 

VeChain’s 30-day gains are currently trimmed to just over 26% as price falls to $0.020.

VeChain price outlook as ETH eyes major support area

The struggles for VET price come $ETH as the top altcoin by market cap Ethereum battles to hold onto gains above $2k. Ether price is changing hands near $1,940 at the time of writing, down 3% in the past 24 hours and nearly 9% this past week.