{"id":23450,"date":"2023-09-14T16:15:50","date_gmt":"2023-09-14T16:15:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/vet-poised-after-coinbase-listing-spike\/"},"modified":"2023-09-14T16:15:50","modified_gmt":"2023-09-14T16:15:50","slug":"vet-poised-after-coinbase-listing-spike","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/vet-poised-after-coinbase-listing-spike\/","title":{"rendered":"VET poised after Coinbase listing spike"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1640377957681-3e5323ad-0c82-4089-a7d3-d8b63fe7fb82-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1640377957681-3e5323ad-0c82-4089-a7d3-d8b63fe7fb82-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1640377957681-3e5323ad-0c82-4089-a7d3-d8b63fe7fb82-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1640377957681-3e5323ad-0c82-4089-a7d3-d8b63fe7fb82-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">VeChain\u2019s VET looks poised as profit taking threatens bulls.<\/li>\n<li dir=\"ltr\">VET price rose sharply after Coinbase announced it would list VET and VeThor (VTHO).<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/news\/tag\/vechain\/\">VeChain news<\/a> yesterday was all about the coin\u2019s listing on Coinbase and its potential impact on the price of VeChain\u2019s naive token VET.<\/p>\n<p dir=\"ltr\">While <a href=\"https:\/\/coinjournal.net\/news\/tag\/vet\/\">VET<\/a>, as well as the blockchain ecosystem\u2019s VeThor (VTHO), are battling to keep sellers at bay, the short term outlook suggests a potential flip higher. The sentiment across the broader crypto market could help VeChain price if bulls manage to hold above $0.015.<\/p>\n<h2 dir=\"ltr\">Coinbase lists VET and VTHO<\/h2>\n<p dir=\"ltr\">VeChain rose nearly 10% as the market reacted to news of trading support for the token on major crypto exchange <a href=\"https:\/\/coinjournal.net\/exchanges\/coinbase\/\">Coinbase<\/a>.\u00a0<\/p>\n<p dir=\"ltr\">The publicly-traded crypto company has over 100 million users and its listing of new tradable assets has often resulted in a spike in the price of the given cryptocurrency. The VeChain team <a href=\"https:\/\/twitter.com\/vechainofficial\/status\/1701908563096994277\" rel=\"noopener noreferrer\" target=\"_blank\">said<\/a> in a post on X that the listing is a great step towards mass adoption.<\/p>\n<p dir=\"ltr\">Coinbase added VET\/USD and VTHO\/USD pairs.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Trading will begin on or after 9:30 AM PT on 13 Sept 2023, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our VET-USD and VTHO-USD trading pairs will launch in phases.<\/p>\n<p>\u2014 Coinbase Assets \ud83d\udee1\ufe0f (@CoinbaseAssets) <a href=\"https:\/\/twitter.com\/CoinbaseAssets\/status\/1701626492344467572?ref_src=twsrc%5Etfw\">September 12, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">As highlighted by market intelligence and data analytics platform Santiment, VeChain\u2019s native asset\u2019s gains were also replicated, albeit more significantly, by VTHO.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83e\udd73 <a href=\"https:\/\/twitter.com\/hashtag\/VeChain?src=hash&amp;ref_src=twsrc%5Etfw\">#VeChain<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$VET<\/a> is +9.4% and <a href=\"https:\/\/twitter.com\/hashtag\/VeThor?src=hash&amp;ref_src=twsrc%5Etfw\">#VeThor<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24VTHO&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$VTHO<\/a> is +73.9% since their <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a> listing news hit a bit over 1 day ago. As the top two current trending assets in <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#crypto<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24VTHO&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$VTHO<\/a> is understandably taking volume from <a href=\"https:\/\/twitter.com\/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$VET<\/a> as its gains have been far more notable. <a href=\"https:\/\/t.co\/UQHo9JCa4r\">https:\/\/t.co\/UQHo9JCa4r<\/a> <a href=\"https:\/\/t.co\/Lw8ZK7kr1P\">pic.twitter.com\/Lw8ZK7kr1P<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1702121504656535605?ref_src=twsrc%5Etfw\">September 14, 2023<\/a><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\">VET price hits resistance at key level<\/h2>\n<p dir=\"ltr\">With VeChain\u2019s recent development milestones \u2013 particularly on key partnerships for interoperability, healthcare, supply chain management and environmental sustainability \u2013 it appears bulls have what could be crucial in terms of pushing prices higher.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 700px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/08\/14\/1694705486866-6eb2e1a1-5d4e-4d45-96ff-959edcfe501a.png\" style=\"width: 700px\" class=\"fr-fic fr-dib\" width=\"700\" height=\"267\"\/><span class=\"fr-inner\">Vechain price chart. Source:\u00a0<a href=\"https:\/\/www.tradingview.com\/x\/hozkDf2b\/\" rel=\"noopener noreferrer\" target=\"_blank\">TradingView<\/a><\/span><\/p>\n<p><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">As such, the intraday high of $0.0168 could be critical as it is an area where bears dominated when prices fell in June and in mid-August.\u00a0<\/p>\n<p class=\"fr-img-space-wrap2\">In June, VET\/USD bounced 50% from around $0.014 to $0.021. What this suggests is that a bullish flip has the potential to return VeChain\u2019s price to the $0.02 area, a scenario likely given the MACD and daily RSI.<\/p>\n<\/div>\n<p dir=\"ltr\">On the flipside, profit-taking at current prices coupled with fresh declines for the mega caps could trigger further losses for VET. The key price levels to watch in this case would be $0.014 and $0.013.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/vechain-price-vet-outlook-after-coinbase-listing-news\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) VeChain\u2019s VET looks poised as profit taking threatens bulls. VET price rose sharply after Coinbase announced it would list VET and VeThor (VTHO). VeChain news yesterday was all about the coin\u2019s listing on Coinbase and its potential impact on the price of VeChain\u2019s [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":23451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23450"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23450"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23451"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}