VETBTC RetracementVETBTC has undergone a large retracement and may form a bullflag, currently it is stuck in a parabolic downtrend. Long potential.
Vechainanalysis
Vechain will be bullish again but before we will dropVechain really gave a good profit this year for investor, reaching almost 0,008 usdt per token, and surely we will reach this price again, but not today, before that we will drop again around 0,0047 usdt and so the pattern has forming Vechian will be complete, a falling triangle. After that i expect Vechain will touch again 0,008 usdt and maybe reaching new ATH, if BTC permit... Well let's see
Vechain Notice reaching new Bearish Point
The obstruction levels for VET were seen at three levels, R3 set apart at $0.003616, R2 at $0.003557 and R1 at $0.003528. The help levels are seen at S1 set apart at $0.00344, S2 at $0.003381 and S3 at $0.003352.
VET is currently exchanging at $0.003431 USD (- 0.22%) and 0.00000042 BTC worth in Bitcoins (0.14%). It has a market top of $190,266,599 USD and esteemed at 23,053 BTC in Bitcoins. The 24-hour Trading volume is evaluated at $22,818,188 USD, and 2,765 BTC in Bitcoins. VET has a flowing inventory of 55,454,734,800 VET and an all out stock of 86,712,634,466 VET. VET has a universally assigned position of #34. VeChain has a ROI (Return on Investment) of — 77.19%. VET hit an unsurpassed high of $0.019775 USD on fourth of September,2018. Likewise, it arrived at an unequaled low of $0.003133 USD on the 26th of September, 2019.
News Source: TheCoinRepublic
XVG Price Prediction and AnalysisThe pair has encountered a great deal of high points and low points today in the market. The pair even decline exceptionally and reach at the low estimation of 0.00001882 ETH at 09:35 UTC from the estimation of 0.00001929 ETH. Be that as it may, some thirty minutes after the worth recouped and reach again to the estimation of 0.00001906. At the hour of 17:00 UTC, the pair of XVG/ETH came to up to the high of 0.00002012 ETH however the cash later dropped once more. The money is presently drifting between the scope of 0.00001900 ETH to 0.00001930.
The Moving midpoints of 10-day, 20-day and 50-day are going down and both demonstrating the solid selling signals in the market. The RSI is at the estimation of 28 and furthermore indicating sell signal and the MACD oscillators are additionally demonstrating the bearish sign. The cash's prompt opposition at the estimation of 0.000020 ETH, which it tried today however lamentably the monetary forms was not able remain and dropped down once more. Then again, the money was dropped to its help level of 0.000018, and it didn't crush down further and come spirit to the estimation of 0.000019.
News Source : Thecoinrepublic
Vechain Thor Price Expected To Surge
The cash was exchanging at an estimation of $0.003981 at 15:24 UTC. The market capitalization of cash was $220,748,685 and the 24-hour volume of the money is $28,458,235. The money opened with a cost of $0.003860 and the shut at the estimation of $0.003999, the cash likewise encountered an expansion of 3.6% in the worth of Vechain.
On ninth August, the cash was exchanging around the worth o $0.00487458 and following 25-days time span the money encountered the drop in the estimation of the money by 16.77%. Likewise, the earlier week VeChain experience the loss of 7.38% in its worth and the worth dropped from the exchanging estimation of 03rd September, that was around $0.00437961.
News Source: TheCoinRepublic
Vechain (VET) Price Prediction: Supply Chain industry worth $50
Donald accepts that blockchain innovation is developing and its selection is making strides the world over. He refered to the developing exchange of the $ 50 trillion production network industry to the vechain blockchain.
Tapscott went above and beyond by citing organizations like FedEx, which he says needs to remake the majority of its exercises on the vechain blockchain. All in all, with every one of the advantages this change will bring to this new innovation, which blockchain stages will profit the most?
News Source: TheCoinRepublic
Easy buy opportunityWith Tim Draper behind VETchain I still see a lot of growth coming for this chain. They are working with some pretty large investors and these guys aren't trying to get rich quick. This is an asset I can see jump back to a penny no problem. I have dropped $500 USD on this just to see where it'll take me down the road. I wont hold it for the long term but as a 6 month to 12 month trade I will take advantage of a low entry such as this zone. My entry was .004420 I have no SL since I am only investing a small amount. At its current price of .0051 you can grab close to 100k of them right now. Something I would have LOVED to have been able to do with our XRP buys lol. Unfortunately I didn't have that 2017 opportunity with XRP. But why not try with this one?
Tim Draper is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, and Draper Associates. His most prominent investments include Baidu, Hotmail, Skype, Tesla, SpaceX, AngelList, SolarCity, Ring (company), Twitter, DocuSign, Coinbase, Robinhood (company), Ancestry.com, Twitch.tv, Cruise Automation, and Focus Media. In July 2014, Draper received wide coverage for his purchase at a US Marshals Service auction of seized bitcoins from the Silk Road marketplace website. Draper is a major proponent of Bitcoin and decentralization. Draper Dragon (draperdragon.com) is invested into VEChain, owned by Tim Draper. What truly caught my attention to throw some cash at this was the data processing for agicultural growth. This is the field I am building my career in. So this is what really has my money in it. I personally might make an approach to contacting this team to get more details on the roadmap for this. Here is the source: www.vechain.com
You are looking at a Billion dollar market growing....would you take a chance? Tell me your thoughts on why you would or wouldn't invest or trade this asset. Thanks all! This is something I have eye'd for a few months now and just now decided to get in.
Is It Time For VeChain to Introduce New Strategies? Price analysAfter an attentive observation, one will undoubtedly agree to the fact Vechain is not at all having a great time in the market as of now.
The crypto undoubtedly tried to maintain its position in the market and has been strengthing its thresholds for long. However, now it seems that it might need a bit more supply support. This is so because the scenarios are becoming increasingly tough for Vechain to handle.
PRESENT SCENARIO OF VECHAIN
Before analyzing the depths of this crypto, let’s look at where it stands at present.
As per the charts of 20th August, VET was observed trading around $0.004704.
At this point of time, the market ranking of the crypto was found to be at 32nd rank.
The ROI of the crypto lies somewhere near -69.29% whereas the 24 Hour Volume was 27,343,268 USD. Moreover, the market capitalization of the firm was found to be 256,118,982 USD.
As far as the Total supply and Circulating Supply is concerned, it is around 86,712,634,466 VET and 55,454,734,800 VET respectively. Whereas the 7 Day high as well as low was found to be 0.005306 USD and 0.004395 USD.
VeCHAIN’S BEARISH STORY
In order to understand the actual reason VET terribly fails to recover, its imperative for us to look through its bearish journey that doesn’t seem to end.
If we go back to the past, we will find that the VET was trading above the baseline at $0.006448. Truth be told, it was actually since then that the bearish trend started recently.
The value of VET then simple dropped by a large amount, i.e., 19.36% on 1st August. The value at that time was around $0.0052.
Since then, although the value tried to move up on 3rd August by 15.46%, the price of VET faced enormous downfalls.
In fact, on the 15th of August, the value tremendously dropped by 26.78% which made the crypto hit its lowest.
However, the value, as of now, seems to have grown up by 7.79%. This might be an uplift for VeChain but it’s not at all enough to recover its losses.
TIME TO FIGHT BACK
Since VeChain has been fighting its bearish trends for quite a long no it can quite clearly be seen that it is finding it difficult to overcome it.
In response to this, the majority of the analysts firmly believe in the fact that its high time for VeChain to come up with new and effective strategies that might boost up its performance.
Its, in fact, now time for VeChain to be capable of gathering some attention in the network.
As far as the present scenario is considered, VET seems to be quite popular but only among the short group. This is why it seems to be the right time when it might need a little more supply support.
