The crypto is very weak in volatility and has continued on this note for several days. The coin has been cage within a support and resistance area and has tested and re-tested both sides of the resistance, and a break out can set the trend pace for the market.
Supply levels: $0.0085, $0.0099, $0.0116
Demand levels: $0.0068, $0.0057, $0.0032
VETUSD Trends: Ranging
VETUSD is in a ranging market condition. The coin started falling from the price barrier level of $0.0116, down to the price resistance level of $0.0068. This area has exhibited a maximum stiffness by holding the price for many days now. A break out from this region will ignite the market trend.
The daily chart has shown that the price is trending in-between the two Exponential Moving Averages of 14 and 50, while the MACD Indicator is showing a bearish market situation.
VETBTC Market Analysis
VETBTC is in a bearish market trend, the coin is targeting a resistance area down, if it breaks out from there, the price will be heading for a lower low target.
The 4-hour chart shows that the price is trending below the two Exponential Moving Averages, while the MACD Indicator is showing a low volatility sign.
Please note: Dapplife.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.