Key takeaways
- VeChain price projection suggests a peak price of $0.0744 by 2025.
- Traders can expect a minimum price of $0.1887 and a maximum price of $0.2314 by 2028.
- By 2031, VeChain’s price could potentially surge to $0.6812.
Despite occasional market volatility and regulatory uncertainties, VeChain demonstrates resilience and a strong value proposition, positioning itself as a leader in blockchain-based solutions for global supply chain, transparency, product authentication, and data management.
Overall, the prevailing sentiment within the VeChain community is one of optimism and confidence, with stakeholders bullish on its long-term prospects and the transformative impact of blockchain technology. As the VeChain network continues to expand its reach and enhance its offerings, questions surrounding its price trajectory persist, inviting further analysis and exploration of its future potential.
VeChain overview
Cryptocurrency | VeChain |
Token | VET |
Price | $0.04647 |
Market Cap | $3.65B |
Trading Volume (24-h) | $73.97M |
Circulating Supply | 80.98B VET |
All-time High | $0.2782, Apr 17, 2021 |
All-time Low | $0.001678, Mar 13, 2020 |
24-h High | $0.04686 |
24-h Low | $0.04358 |
VeChain price prediction: Technical analysis
Sentiment | Bullish |
50-Day SMA | $ 0.051282 |
200-Day SMA | $ 0.031393 |
Price Prediction | $ 0.058258 (29.64%) |
F & G Index | 70 |
Green Days | 14/30 (47%) |
14-Day RSI | 47.99 |
VeChain price analysis: VET gains momentum with a 6.38% intraday surge
TL;DR Breakdown
- VET surged by 6.38% in a single day, highlighting growing bullish sentiment.
- Support is established at $0.04446, with resistance at $0.04823 as the next key hurdle.
- Positive price momentum indicates increased demand and investor interest in VeChain.
VeChain (VET) price analysis for January 15 has shown a significant price increase of 6.38% over the last 24 hours, trading at $0.04765 as of the latest update. The day’s low was recorded at $0.04446, while the high touched $0.04823, indicating strong upward momentum. This rise suggests growing investor confidence, as the cryptocurrency’s price consistently moved into the green zone during the latter part of the day.
VeChain 1-day price chart: VET consolidates near key levels amid neutral momentum
VeChain (VET) is consolidating near the $0.0468 level after a modest recovery from recent lows of $0.04446. The price remains sideways, struggling to break out of a tight range despite a 6.38% intraday increase. This suggests cautious optimism among traders, with potential for further upward movement if a breakout above $0.04823 is achieved.
The Relative Strength Index (RSI) stands at 50.67, indicating a balanced market without overbought or oversold conditions. The Moving Average Convergence Divergence (MACD) shows a slight bearish crossover, with the MACD line at -0.00009 below the signal line at -0.00103, signaling weakening momentum.
VeChain 4-hour price chart: VET shows early signs of bullish momentum on the chart
VeChain (VET) trades at $0.0468 on the 4-hour chart, showing minimal movement with a slight decrease of 0.10%. Despite this minor retracement, the price continues to consolidate above $0.04446, which has served as support during the session. The upward test of $0.04823 earlier in the day indicates emerging buying interest, suggesting a possible breakout if this level is decisively breached.
The Relative Strength Index (RSI) has climbed to 62.70, nearing the overbought zone and suggesting increasing buying pressure. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line at 0.00056 above the signal line at 0.00048. This crossover and positive histogram bars indicate growing momentum for upward movement.
VeChain technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value | Action |
SMA 3 | $ 0.044203 | BUY |
SMA 5 | $ 0.044593 | BUY |
SMA 10 | $ 0.047282 | SELL |
SMA 21 | $ 0.047342 | SELL |
SMA 50 | $ 0.051282 | SELL |
SMA 100 | $ 0.038044 | BUY |
SMA 200 | $ 0.031393 | BUY |
Daily exponential moving average (EMA)
Period | Value | Action |
EMA 3 | $ 0.044005 | BUY |
EMA 5 | $ 0.044766 | SELL |
EMA 10 | $ 0.045989 | SELL |
EMA 21 | $ 0.047401 | SELL |
EMA 50 | $ 0.046421 | SELL |
EMA 100 | $ 0.041321 | BUY |
EMA 200 | $ 0.036272 | BUY |
What to expect from VET
VeChain’s recent 6.38% intraday surge and consolidation near key resistance levels suggest a growing bullish sentiment. While the 1-day chart reflects cautious optimism, with the RSI at a balanced 50.67 and a slight bearish MACD crossover indicating weakening momentum, the 4-hour chart presents a more bullish outlook.
The RSI climbing to 62.70 signals increased buying pressure, and the MACD bullish crossover suggests potential for upward movement. If VET breaks above the $0.04823 resistance level, further gains could be anticipated, potentially propelling the price into a stronger uptrend. However, traders should monitor whether support at $0.04446 holds to confirm sustained bullish momentum.
Is Vechain a good investment?
VeChain stands out in cryptocurrency because it focuses on supply chain management and enterprise solutions. It offers transparency and traceability across various industries, enhancing trust and efficiency in global trade. With partnerships with major companies and a strong emphasis on real-world applications, VeChain has significant growth potential. Its innovative use cases and practical implementations appeal to businesses seeking operational improvements. As awareness of supply chain issues continues to grow, the VeChain blockchain’s relevance and adoption are expected to increase, making it an attractive investment option for those interested in blockchain technology.
Will VeChain reach $0.10?
VET is expected to trade above the $0.10 soon.
Will VeChain reach $0.5?
Analysts suggest VeChain could attain $0.5 by 2031.
Does VET have a good long-term future?
VET has a good long-term future due to its strong use cases, growing adoption, and active development team.
Recent news/opinion on Vechain
- VeChain announced that the network is undergoing a massive upgrade called VeChain Renaissance and released the roadmap for the project, giving details regarding the developments planned for 2025
VeChain price prediction January 2025
In January 2025, the price of VeChain is anticipated to reach a minimum of $0.0430. The VET price can be expected to peak at $0.0483, maintaining an average of $0.0470 by the end of the month.
Month | Minimum Price | Average Price | Maximum Price |
January | $0.0430 | $0.0470 | $0.0483 |
VeChain price prediction 2025
In 2025, the price of the VeChain coin is anticipated to touch a minimum of $0.0632. The VET price might peak at $0.0744, maintaining an average of $0.0650 by the end of the year.
Year | Minimum Price | Average Price | Maximum Price |
2025 | $0.0632 | $0.0650 | $0.0744 |
VeChain price prediction 2026-2031
Year | Minimum Price | Average Price | Maximum Price |
2026 | $0.0931 | $0.0963 | $0.1087 |
2027 | $0.1334 | $0.1372 | $0.1616 |
2028 | $0.1887 | $0.1956 | $0.2314 |
2029 | $0.2682 | $0.2760 | $0.3242 |
2030 | $0.3872 | $0.4010 | $0.4658 |
2031 | $0.5799 | $0.5999 | $0.6812 |
VeChain price prediction 2026
For 2026, VeChain (VET) is expected to reach a minimum price of $0.0931. It could potentially climb to a high of $0.1087, averaging around $0.0963.
VeChain price prediction 2027
By 2027, VeChain’s price is projected to trade at a minimum value of $0.1334. It might surge to a high of $0.1616, with an average price hovering around $0.1372.
VeChain price prediction 2028
VeChain is estimated to trade at a minimum of $0.1887 in 2028. It might reach a maximum of $0.2314, with an average value of $0.1956.
VeChain price prediction 2029
In 2029, VeChain’s price will likely hit a floor of $0.2682. Based on analysis, it could peak at $0.3242, with an average price of $0.2760.
VeChain price prediction 2030
The VeChain price prediction for 2030 projects a minimum price of $0.3872, a maximum price of $0.4658, and an average trading price of $0.4010.
VeChain price prediction 2031
In 2031, VeChain could trade at minimum and maximum prices of $0.5799. The price might soar to $0.6812, maintaining an average of $0.5999.
VeChain market price prediction: Analyst’s VET price forecast
Firm | 2025 | 2026 |
Coincodex | $0.0606 | $0.08091 |
DigitalCoinPrice | $0.060 | $0.080 |
CryptoPredictions.com | $0.058 | $0.064 |
Cryptopolitan’s VeChain (VET) price prediction
Cryptopolitan’s predictions show that VeChain will achieve a high of $0.0744 in 2025. In 2027, it will range between $0.1334 and $0.1616, with an average of $0.1372. In 2031, it will range between $0.5799 and $0.6813, with an average of $0.5999. Note that these predictions are not investment advice. Seek independent professional consultation or do your research.
VeChain historic price sentiment
- VeChain began in 2015 as a private consortium chain for blockchain applications. It transitioned to a public blockchain with the ERC-20 token VEN in 2017 and launched its mainnet as VET in 2018.
- In 2018, VeChain partnered with DHL to develop blockchain solutions for logistics but saw a significant price correction, stabilizing at lower levels.
- The price remained relatively stable in 2019 and 2020, with occasional spikes as VeChain continued developing technology and forming partnerships.
- In 2021, VeChain’s price surged to an all-time high of $0.20 in May but dropped to $0.070 by December.
- In 2022, VeChain attempted to recover but remained below $0.10, with continued volatility throughout the year and into early 2023.
- Towards the end of 2023, the price saw a slight uptick, stabilizing around $0.020 by early 2024.
- In 2024, VeChain’s price fluctuated, recovering to $0.025 by mid-March but dropping due to bearish trends, reaching a low of $0.019 by August.
- It traded around $0.021 in September but ended the month above the $0.024 mark. The price remained mostly stable in October, with the occasional bearish movement causing a decline from the $0.02400 level to start November at the $0.02100 price level.
- The asset closed November at a high level, with prices near the $0.04600 mark and a strong bullish outlook. However, the bulls only took the price higher in December, as the $0.0500 resistance was crushed swiftly.
- As of January 2025, VET is trading within the $0.04017-$0.05436 range.