Since the beginning of the year, VeChain has been on a significant downward trend. The drop has been in line with the general trend in the cryptocurrency market. The decline appeared to be reaching its end point at one time, but significant price rises have begun to emerge.
Vechain is currently trading at $0.080, indicating that the bulls have returned. If the bears seize control, the nearest support levels are $0.078 and $0.075, respectively.
Vechain (VET) Price to surge multiple times beyond its present price?
One enterprise-focused altcoin may be approaching a price zone that could allow for an effective entrance, according to popular crypto trader Michaal van de Poppe.
VeChain (VET) is “looking at some enormous prospects,” Van de Poppe informs his 556,100 Twitter followers.
VeChain is a cryptocurrency and blockchain platform designed to aid businesses in optimising their supply networks.
Source: https://coinpedia.org/altcoin/vechain-vet-price-to-hit-0-40-by-end-of-2022-says-popular-analyst/