Get started

Vechain

VeChain | Still a Good Crypto Worth Buying at This Low PriceVeChainThor public blockchain was launched with the goal of mass business adoption. The public blockchain has two tokens, VeChain and VeThor (VET) tokens. VeThor token is used to power transactions that take place on VeChain. The token is critical to the functionality of the blockchain. It is representative of the smart contract element of the network. The unique nature of the token has drawn the attention of investors. It possesses a meta-transaction feature, which means users can carry out multiple transactions. The participants of the blockchain can essentially organize multi-task transactions and multi-party payments. The blockchain is also open source and has a high processing speed, making it possible for developers to combine their efforts. VeThor exhibits excellent versatility, which makes it attractive to many users. Participants at all levels can enjoy the different capabilities. For transactions to be approved on VeChain, a VeThor token has to be created for each VeChain token introduced to the block. The current generation rate for the token is 0.000432 per day. The rate can change only by increasing but not reducing, there are several ways you can earn the token. One is by owning VeThor, the other methods include owning an authority node or an X economic node. With insights into the token price, you will be able to identify whether it is safe to invest in the token. More so, you will know when the best time would be to buy or sell the tokens. Currently, the price of the token stands at $0.011313. Only two months are remaining of 2021, and changes are expected to take place. Suppose you look at this in terms of profitability and growth. In that case, the token is undoubtedly worth investing in. As seen from the price forecasts, the token price has been increasing gradually over the months. The price is going to increase, and this is excellent news for the investors. Apart from its outstanding features, the token's blockchain will increase in popularity with time due to its current low price. As use increases, the price will also increase. The other reason why the token may be worth your money is that its price is not expected to reduce, especially as it becomes more prevalent in logistics. To better understand the performance of a token, market information is vital. This will go a long way in providing you with the extra information you need to determine if the token is a good investment. Based on the above forecasts, the future of the token is bright. The price of the token has been increasing over the months, and especially in 2021. The token is projected to maintain the upward trend even in 2022 and the coming years. The general price chart of the token also looks promising. It ranks 153 in market capitalization, which indicates the token is popular. The trading volume is also good, as it shows that the token is used often. VTHO price at 0.011313 USD, based on our forecasts a long-term price increase is expected to be around +742.00%. - Our option for #VTHO is TO BUY AND HOLD IT. It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose. Trading & Investing both are the master of RISK. Please comment, like and follow if it was helpful for you. Thank you for your time. Have a profitable day. | Review and analysis by Samadi.Finance |
Long
by AliSamadiTR
2
Uh oh VechainVET looks really ugly right now. Just broke out of wedge and below horizontal support. More pain incoming IMO. PT is .11. DYOR and GL! --------------------------------------------------------- Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Use multiple indicators to confirm your TA on price action. 10. Only trade what you are willing to lose. It will be hard to trade without emotions.
Short
by DaCryptologist
3
$VET Aiming for a new ATH*THIS IS NOT FINANCIAL ADVICE* $VET is a Top 25 cryptocurrency and has yet to see the real price action.. Integrations with Walmart in China, DHL, and other major corporations. It's a leader in the logistics x blockchain forefront. It's obviously here to stay and will soon be in the top 10. In this chart, you can see where I highlighted a pattern before the April/May run and where a similar pattern has occurred over the last 2 months. That run increased the price around 840% VET is now looking to flip this ascending channel trendline as support before a continuation to the .236 fib line. I predict more resistance at the .25 cent range before entering price discovery and reaching as high as the .70 cent range. (~840% increase from the bottom of this run) VET will most likely range back down towards the beginning of '22 before ultimately landing between $1 - $2 towards the end of Q1.
Long
by CruiserSpentIt
1
2021 Crypto Bull Run Is Not OverBitcoin has been trading in this channel since early July. RSI has been "reset" every 2 months since we hit our $29k low in mid July, and has also hit our bottom ascending trendline each time. We then see a run up from there. (1) We saw an 80% run up followed by (2) a 25% correction before beginning another leg up (3) of 74%. Am expecting (4) to be between a 20-25% correction before beginning our next, and most likely final leg up (5) which I assume will be more than the 80% we saw in (1) and (3). We seem very close to that bottom RSI level now and I am expecting we see a bounce off of our Demand Zone (green box) today or tomorrow. However if we do lose that zone, I believe $53k would be our next level and more than likely be our bottom for our next leg up. I still believe we will see a $100k+ Bitcoin by the end of this year or early '22.
Long
by Bxker