VeChain has seen a price pump of 4% or currently trading at $0.0161 in the last 24 hours, triggered by the increase in VET demand, data from Coingecko shows. With this scenario, if the buying pressure persists, VET could sprint towards its resistance level and supply zone at the 100% Fibonacci level found at $0.01967. VeChain investors could profit at $0.01778 A breach slicing below the $0.0156 mark can further invalidate the bullish streak of VET VET showing price recovery at $0.01583 VeChain has recently launched its upgrade PoA 2.0 and its Relative Strength Index (RSI) has shown an intense uptick after its breakaway from the oversold zone. This goes to show how the buying pressure has magnified over time. Related Reading: Why Bitcoin Long-Term Holders Seem To Be Losing Interest In BTC Chart: TradingView VeChain: On Fraud And High Gas Fees According to Analytics Insight, “VeChain (VET) was first conceived of by Sunny Lu, the former CTO of Louis Vuitton, someone who knows first-hand about the problems involved in tracking and proving genuine vs counterfeit goods.” As such, VeChain is known to be a firs ..
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