{"id":24583,"date":"2023-11-17T19:01:11","date_gmt":"2023-11-17T19:01:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/vechain-vet-price-outlook-as-eth-eyes-bounce-above-1-9k\/"},"modified":"2023-11-17T19:01:11","modified_gmt":"2023-11-17T19:01:11","slug":"vechain-vet-price-outlook-as-eth-eyes-bounce-above-1-9k","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/vechain-vet-price-outlook-as-eth-eyes-bounce-above-1-9k\/","title":{"rendered":"VeChain (VET) price outlook as ETH eyes bounce above $1.9k"},"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\/2023\/11\/1700246347944-677bea9c-b2ba-428f-baec-8f347b354f3b-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/1700246347944-677bea9c-b2ba-428f-baec-8f347b354f3b-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/1700246347944-677bea9c-b2ba-428f-baec-8f347b354f3b-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/1700246347944-677bea9c-b2ba-428f-baec-8f347b354f3b-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">VeChain (VET) price was at $0.023, down 5% in the past 24 hours, while Ethereum (ETH) traded near $1,940.<\/li>\n<li dir=\"ltr\">Both altcoins have retreated from recent highs amid profit deals and as Bitcoin drops below $36k.<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/vechain\/\">VeChain (VET)<\/a> broke higher earlier this month as the crypto sentiment around Bitcoin and Ethereum ETFs combined with other positive news to buoy buyers. VET surged as high as $0.023, the cryptocurrency\u2019s highest level since April 30.<\/p>\n<p dir=\"ltr\">But in reaching a six-month high, VeChain welcomed profit takers amid similar struggles for crypto and equities. Indeed, VET\/USD is down 5% in the past 24 hours and nearly 8% this past week.\u00a0<\/p>\n<p dir=\"ltr\">VeChain\u2019s 30-day gains are currently trimmed to just over 26% as price falls to $0.020.<\/p>\n<h2 dir=\"ltr\">VeChain price outlook as ETH eyes major support area<\/h2>\n<p dir=\"ltr\">The struggles for VET price come as the top altcoin by market cap <a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum<\/a> battles to hold onto gains above $2k. Ether price is changing hands near $1,940 at the time of writing, down 3% in the past 24 hours and nearly 9% this past week.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 600px\"><span class=\"fr-img-wrap\"><a href=\"https:\/\/www.tradingview.com\/x\/O6hALnPk\/\" rel=\"noopener noreferrer\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/10\/17\/1700245360597-3e8a08fa-4543-42f9-80fd-58044319d8f6.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"260\"\/><span class=\"fr-inner\">Ethereum price chart<\/span><\/a><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">ETH touched highs of $2,136 on November 10, but has given up some of the gains as it fell to lows of $1,906. A return above the psychological $2,000 level is key to a bullish continuation. An analyst has predicted <a href=\"https:\/\/coinjournal.net\/news\/analyst-says-eth-could-spike-to-3100-if-key-resistance-breaks\/\">ETH could jump to $3,100<\/a>.\u00a0<\/p>\n<p class=\"fr-img-space-wrap2\">If ETH\/USD falls below $1.9k, its possible bears will target $1,740.<\/p>\n<\/div>\n<p dir=\"ltr\">Looking at VeChain, we see a similar scenario where bulls are struggling to shed the sell-off pressure after prices spiked to multi-month highs.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 600px\"><span class=\"fr-img-wrap\"><a href=\"https:\/\/www.tradingview.com\/x\/53vjrhsI\/\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2023\/10\/17\/1700245533262-2451c135-c110-43b4-8dbc-48ee910a90e0.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"260\"\/><span class=\"fr-inner\">VeChain price chart<\/span><\/a><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">Just as with ETH, VET\u2019s daily chart shows a negative outlook suggested by the RSI and MACD indicators. If price falls below $0.020, downside momentum could push the cryptocurrency to $0.018.\u00a0<\/p>\n<\/div>\n<p dir=\"ltr\">Further support could be found between $0.016 and $0.014.<\/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><a href=\"https:\/\/coinjournal.net\/news\/vechain-price-prediction-as-vet-mirrors-ethereum-eth\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) VeChain (VET) price was at $0.023, down 5% in the past 24 hours, while Ethereum (ETH) traded near $1,940. Both altcoins have retreated from recent highs amid profit deals and as Bitcoin drops below $36k. VeChain (VET) broke higher earlier this month as [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":24584,"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\/24583"}],"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=24583"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24584"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}