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Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: KryptoKedi on November 16, 2020, 08:23:22 PM

Title: VeChain (VET) Begins Upward Move After Deviation Below Range Low
Post by: KryptoKedi on November 16, 2020, 08:23:22 PM

VET has been decreasing alongside a descending resistance line since reaching a high of $0.0230 on Aug 9.  On Oct 18, the price broke out from the resistance line but proceeded to fall shortly afterward, touching a low of $0.0088 on Nov 4.

While this appeared to cause a breakdown from the $0.01 support area, the price immediately reclaimed the support level and has been moving upwards since, validating the area as support once more.

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source (https://beincrypto.com/vechain-vet-begins-upward-move-after-deviation-below-range-low/)