LiveBitcoin Holds Near $84K as ETF Outflows Raise Rally Concerns: markets liveFollow the coverage →
Skip to content
Share
Cryptocurrency

VeChain (VET) Price Has Surged By 40% In December; What’s Next?

Follow The Market Periodical
VeChain (VET) Price Has Surged By 40% In December; What’s Next?
|||
  • VeChain’s trading volume has increased by 114% within 24 hours.
  • The RSI is at 80, which shows the strength of bulls.

Explore the short and medium-term VeChain (VET) price prediction and check the long-term price forecast for 2024, 2025, 2026, 2027, 2028, 2029, and 2030.

Current Price – $0.03026 Market cap – $2.20 billion

Price Prediction – $0.02938 (0.98%) Volume – $160 million

Volatility – 9.04% 200-day EMA – $0.02002

Sentiment – Bullish Fear & Greed Index – 67 (greed)

RSI – 80 Green Days – 17/30 (57%)

Based on our technical analysis, the VET price is predicted to drop by 0.98% to reach $0.03026 by December 15, 2023. The fear & greed index is 67 (greed) and the volatility is 9.04%. The VeChain price has remained bullish for 17 days out of the past 30 days.

Long-term VeChain Price Prediction For 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Year Yearly LowYearly High
2024$0.02733$0.11502
2025$0.02668$0.08556
2026$0.02427$0.03097
2027$0.02395$0.02875
2028$0.02228$0.24096
2029$0.02089$0.16886
2030$0.01482$0.03166

Based on the historical movement of the VeChain price, here is the VET price prediction for each year till 2030. The price is predicted to range between $0.01482 and $0.03166 for the lower and higher end respectively, by 2030. 

VeChain Price Prediction 2025

VeChain (VET)
BINANCE: VET/USD 1-Day Chart By TradingView

After a bearish trend, the VeChain price has witnessed a bullish trend and has risen by 40% in the current month. If the VET price sustains $0.03300, then aggressive buying can be seen which can lead to a bullish trend.

The VeChain price prediction for 2025 is currently between $ 0.026688 on the lower end and $ 0.085568 on the higher end. VeChain could gain 184.96% by 2025 compared to today’s price if VET reaches the upper price target.

VeChain Price Prediction 2030

VeChain (VET)
BINANCE: VET/USD 1-Week Chart By TradingView

On a weekly time frame, the VET price is near the last swing territory. The price has surpassed the 200-day moving average and if it sustains above it, then a bullish move can be predicted. On the other hand, if the price fails to surpass the last swing high, then selling pressure can be initiated.

The VeChain price prediction for 2030 is currently between $ 0.014823 on the lower end and $ 0.031661 on the high end. VeChain could gain 5.51% by 2030 compared to today’s price if it reaches the upper price target.

VeChain Price Forecast Based on Technical Analysis

Based on data from December 12, 2023, the general VeChain price prediction sentiment is bullish, with 26 technical analysis indicators giving bullish signals, and 8 giving bearish signals.

VeChain Price Prediction For Tomorrow and Next Week

Date Price Change 
Dec 13, 2023$0.029670.00%
Dec 14, 2023$0.029770.33%
Dec 15, 2023$0.02930-1.26%
Dec 16, 2023$0.02886-2.75%
Dec 17, 2023$0.02938-0.38%
Dec 18, 2023$0.02954-0.75%
Dec 19, 2023$0.02858-2.70%

The VeChain price prediction for the next 7 days is projected based on the negative/positive trends of the last 30 days. The price is predicted to fall by -2.70% to reach $0.02858.

VeChain Price Prediction FAQs

What is the VeChain price prediction today?

Based on our technical analysis, the VET price is predicted to gain 0.00% to reach $0.02967 by today.

What is the VeChain price prediction tomorrow?

The VeChain price is predicted to gain 0.33% to reach $0.02977 by tomorrow.

What is the VeChain price prediction for 2023?

The VeChain price will gain 13.53% to reach $0.03363 by the end of 2023.

Will the VeChain Price reach $1?

The VET price would have to gain 3,262.45% to reach $1. According to our algorithm, the VeChain price will hit $1 by July 2029.

Will the VET price reach $10?

The VeChain price needs to gain 32,624.58% to reach $10. Based on our analysis, the VeChain price will reach $10 by August 2031.

Will the VeChain price reach $100?

VeChain price would gain 326,245.80% to reach $100. According to our algorithm, the VET price will reach $100 by June 2035.

Conclusion

Based on the technical analysis and price predictions, VeChain (VET) has shown a bullish trend in the short and medium term, with a predicted drop of 0.98% by December 15, 2023, according to our analysis. The long-term price prediction for VeChain (VET) ranges between $0.014823 and $0.031661 by 2030. 

Technical levels

Resistance: $0.03400 & $0.04500

Support: $0.02700 & 0.02300 &0.02000

Disclaimer

Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone has their uniqueness, a certified professional should be continually consulted before making any economic decisions.

K
Written by
Markets Writer

Krystian Bielanski is a markets and cryptocurrency writer contributing to The Market Periodical, covering Bitcoin, altcoins and broader market analysis.

CryptocurrencyNewsBlog

About this article

PublishedDecember 14, 2023 7:33 pm
Last updatedJanuary 17, 2025 4:38 pm
Written byKrystian Bielanski, Markets Writer
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

More in Cryptocurrency

Advertisement Your banner here — reach 400K+ crypto, forex & stock investors Advertise → 728 × 90