The coin was able to reject the bullish drive and may fall to a major barrier level. If the trend can break this barrier level, then the crypto will settle for a lower low price resistance level. But if the market holds to that level then the trend will be a bullish one.
Supply levels: $0.0104, $0.0110, $0.0120
Demand levels: $0.0086, $0.0079, $0.0056
VETBTC Trends: Ranging
VETBTC is operating within the price channel of $0.0079 and $0.0056, the price is trying to go hit the lower margin of the channel at $0.0056, if it succeeds in breaking this area then it will head on for a lower low target, but a price rejection of this area will set the market in a bullish mode, targeting $0.0079 price level.
The Exponential Moving Averages of 14 and 50 are showing a bearish signal, while the MACD Indicator is indicating a weak market momentum.
VETUSD Market Analysis
VETUSD is in a ranging outlook within a price channel area, but the market is trending down to the next major price barrier area, a break of this level will signal a bearish trend, and will lead to a lower low target.
The two Exponential Moving Averages of 14 and 50 are signal bearish signal support, while the MACD Indicator is showing a weak market signal.
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