VeChain Price Prediction: 2024, 2025, 2030
VeChain’s price at the same time last week was $0.035. It has moved by -6.14 % in the past week and is currently at $0.034. Infact, in the past 24 hours, VET has dumped by -3.61 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and VET could hit $0.17 in 2025.
The total circulating supply of VeChain as of writing this article was $72,714,516,834 and the marketcap of VET remains at $2,522,589,356
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
VET price prediction: Key highlights
1. Primary support and resistance levels
- The lowest support level for VET was established at $0.014 on the weekly chart.
- Meanwhile, $0.095 might prove to be the highest point of resistance.
2. Market sentiment
- In May 2024, VET’s bullish momentum appears to be weakening.
3. Predictive forecasts
- Based on our AI/ML predictive models, VET’s forecasted average approximate price for the year 2028 is projected to be $1.
- By 2035, the average trading price could reach $150.
Gain in-depth insights on VET through a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
VET technical analysis: Price succumbs to bearish pressure
In the in-depth analysis of the price chart for VET spanning from May 2023 to May 2024, a nuanced understanding of its price dynamics and future outlook has been developed. This has highlighted the complexities of cryptocurrency market behaviors and provided a VeChain price prediction for 2024.
The period under review started on a bearish note as VET's price faced rejection at $0.022. This precipitated a series of price declines. By June, a notable downturn resulted in VET falling to its lowest support level on the chart at $0.014. Attempts to recover mid-month were thwarted, bringing the price back to a precarious position to its lowest floor by mid-August.
A significant turnaround was observed by the end of October, marking the beginning of a pronounced rally. This momentum enabled VET to breach the prior resistances by December and claim $0.030 by mid-month.
However, the journey was not without its setbacks, as a correction ensued, bringing the price back below this level by January. The narrative took a decisive turn in mid-February when a major price pump allowed the altcoin to not only surpass the $0.030 resistance but also reach a peak resistance at $0.050.
This price level demonstrated significant resistance, as multiple attempts to surpass it were unsuccessful. Nevertheless, the bulls successfully managed to hold their ground at $0.041. This level proved to be a reliable support for nearly two months.
As April ended, this price point reverted to acting as resistance. This decline was prompted by a broader market downturn, resulting in VET trading at $0.034.
Nonetheless, the presence of slightly bullish sentiment in the market leaves room for potential gains, with predictions of reaching as high as $0.061 in the subsequent months. Looking ahead to 2024, a speculative target of $0.095 might be attainable. This level can likely hinder the price’s journey to reclaim $0.1.
However, should a lasting downtrend take hold, VET's price could retract to the $0.030 support level. A more bearish scenario can even see it retracing its steps back to $0.022.
Yet, based on projections from our prediction models, a continued growth trajectory for VET is anticipated. By 2028, the asset is predicted to trade at an average price of $1. This would entail reclaiming the all-time high (ATH) within the next four years. Further ascension can lead VET to an average trading price of $150 by 2035.
VET's 2024 roadmap: Key indicators to watch and trade
- The Awesome Oscillator (AO) dipped below the zero line in mid-May. It returned to positive territory by mid-November. This highlighted a shift towards bullish conditions.
- The AO's positive values began to wane in mid-January. However, this trend reversed in February. The indicator lost momentum again starting in mid-March. As the analysis concluded, the indicator stood at 0.01053. This indicated that the bears were getting stronger.
- The trading volume reflected the price movements. Noteworthy positive price movements were consistently supported by surges in volume, suggesting that these upticks were backed by genuine buying interest. Additionally, investor withdrawal was apparent as the prices fell, signaling caution.
- The Bollinger Bands remained contracted for around seven months, indicating a phase of low volatility. However, as the price increased in late 2023, the bands began to expand again.
- The price even breached the upper band multiple times between November and March. It indicated that the asset was overvalued and that a correction could follow. This materialized when the candles fell below the upper band in March.
- The price started out being positioned beneath the 20-week Moving Average (MA). Heightened selling pressure pushed the price slightly below the lower band in June.
- VET successfully reclaimed a position above the 20 MA from late October onwards. Yet, this was reversed again in late April. This signified a weakening of buying momentum.
VeChain Price Prediction
VeChain has had an eventful 2023. To simplify the latest VET price prediction, we have divided up the prediction by short term VeChain price prediction and long term VeChain price prediction. As of writing this article, VET had a trading volume of 55,405,685. VeChain has gone down by -26.94% in the past 30 days.
According to our analysis in the short term, VeChain price prediction for July 2024 shows the average price of VET at 0.054 and the highest possible price for July 2024 would be $0.058.
Further, according to our analysis in the long term, VeChain price prediction for November 2024 shows the average price of VET at 0.066 and the highest possible price for November 2024 would be $0.071.
VeChain's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
11 May 2024 | $0.034 | $0.032 | $0.037 |
12 May 2024 | $0.034 | $0.031 | $0.036 |
13 May 2024 | $0.033 | $0.031 | $0.036 |
14 May 2024 | $0.033 | $0.031 | $0.036 |
19 May 2024 | $0.032 | $0.03 | $0.034 |
24 May 2024 | $0.031 | $0.029 | $0.033 |
3 June 2024 | $0.028 | $0.026 | $0.03 |
July 2024 | $0.054 | $0.05 | $0.058 |
August 2024 | $0.057 | $0.053 | $0.061 |
September 2024 | $0.06 | $0.056 | $0.064 |
October 2024 | $0.063 | $0.059 | $0.067 |
November 2024 | $0.066 | $0.061 | $0.071 |
December 2024 | $0.069 | $0.064 | $0.074 |
VeChain price prediction 11 May 2024: VeChain's price for 11 May 2024 according to our analysis should range between $0.032 to $0.037 and the average price of VET should be around $0.034.
VeChain price prediction 12 May 2024: VeChain's price for 12 May 2024 according to our analysis should range between $0.031 to $0.036 and the average price of VET should be around $0.034.
VeChain price prediction 13 May 2024: VeChain's price for 13 May 2024 according to our analysis should range between $0.031 to $0.036 and the average price of VET should be around $0.033.
VeChain price prediction 14 May 2024: VeChain's price for 14 May 2024 according to our analysis should range between $0.031 to $0.036 and the average price of VET should be around $0.033.
VeChain price prediction 19 May 2024: VeChain's price for 19 May 2024 according to our analysis should range between $0.03 to $0.034 and the average price of VET should be around $0.032.
VeChain price prediction 24 May 2024: VeChain's price for 24 May 2024 according to our analysis should range between $0.029 to $0.033 and the average price of VET should be around $0.031.
VeChain price prediction 3 June 2024: VeChain's price for 3 June 2024 according to our analysis should range between $0.026 to $0.03 and the average price of VET should be around $0.028.
VeChain price prediction July 2024: VeChain's price for July 2024 according to our analysis should range between $0.05 to $0.058 and the average price of VET should be around $0.054.
VeChain price prediction August 2024: VeChain's price for August 2024 according to our analysis should range between $0.053 to $0.061 and the average price of VET should be around $0.057.
VeChain price prediction September 2024: VeChain's price for September 2024 according to our analysis should range between $0.056 to $0.064 and the average price of VET should be around $0.06.
VeChain price prediction October 2024: VeChain's price for October 2024 according to our analysis should range between $0.059 to $0.067 and the average price of VET should be around $0.063.
VeChain price prediction November 2024: VeChain's price for November 2024 according to our analysis should range between $0.061 to $0.071 and the average price of VET should be around $0.066.
VeChain price prediction December 2024: VeChain's price for December 2024 according to our analysis should range between $0.064 to $0.074 and the average price of VET should be around $0.069.
VeChain's Long Term Price Prediction
VeChain’s long term Price Prediction below is a look at VET’s future prospect with regards to price. VeChain was last seen at $0.034, with a market cap of $2,522,589,356 and trading volumes of $55,405,685. VET’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $0.072 | $0.058 | $0.087 |
2025 | $0.14 | $0.11 | $0.17 |
2026 | $0.29 | $0.23 | $0.35 |
2027 | $0.58 | $0.47 | $0.7 |
2028 | $1.19 | $0.94 | $1.42 |
2029 | $2.38 | $1.91 | $2.86 |
2030 | $4.79 | $3.84 | $5.75 |
2031 | $9.64 | $7.71 | $11.57 |
2032 | $19.38 | $15.51 | $23.26 |
2033 | $38.97 | $31.18 | $46.77 |
2035 | $157.55 | $126.04 | $189.06 |
VeChain price prediction 2024: VeChain's price for 2024 according to our analysis should range between $0.058 to $0.087 and the average price of VET should be around $0.072.
VeChain price prediction 2025: VeChain's price for 2025 according to our analysis should range between $0.11 to $0.17 and the average price of VET should be around $0.14.
VeChain price prediction 2026: VeChain's price for 2026 according to our analysis should range between $0.23 to $0.35 and the average price of VET should be around $0.29.
VeChain price prediction 2027: VeChain's price for 2027 according to our analysis should range between $0.47 to $0.7 and the average price of VET should be around $0.58.
VeChain price prediction 2028: VeChain's price for 2028 according to our analysis should range between $0.94 to $1.42 and the average price of VET should be around $1.19.
VeChain price prediction 2029: VeChain's price for 2029 according to our analysis should range between $1.91 to $2.86 and the average price of VET should be around $2.38.
VeChain price prediction 2030: VeChain's price for 2030 according to our analysis should range between $3.84 to $5.75 and the average price of VET should be around $4.79.
VeChain price prediction 2031: VeChain's price for 2031 according to our analysis should range between $7.71 to $11.57 and the average price of VET should be around $9.64.
VeChain price prediction 2032: VeChain's price for 2032 according to our analysis should range between $15.51 to $23.26 and the average price of VET should be around $19.38.
VeChain price prediction 2033: VeChain's price for 2033 according to our analysis should range between $31.18 to $46.77 and the average price of VET should be around $38.97.
VeChain price prediction 2035: VeChain's price for 2035 according to our analysis should range between $126.04 to $189.06 and the average price of VET should be around $157.55.
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FAQs about VeChain
VeChain’s current price is $0.034 and witnessed a -3.61% decrease in the past 24 hours. VET/BTC pair saw a -0.02% decrease in the past 24 hours
Investing in VeChain, VET will purely depend on your personal risk appetite. As you can see over the past 24 hours VeChain’s price has witnessed a -3.61% decrease and over the past 30 days VeChain has decrease by -26.94%. So it all depends on if this investment will hit your trading goals.
According to our latest VeChain Price prediction for 2024, VET should vary between $0.087 and $0.058. Please keep in mind that the crypto market is very volatile and this VeChain price prediction does not account for extreme wild swings in price.
As per the VeChain price prediction 2024 model above, VET’s price for May 2024 should range between $0.058 to $0.087 with the average price for May being $0.072
According to the VeChain Price Prediction model above, VET’s price in 2025 would be $0.14. This price would however would range from $0.17 and $0.11.
According to the VeChain Price Prediction model above, VET’s price in 2026 would be $0.29. This price would however would range from $0.35 and $0.23.
According to the VeChain Price Prediction model above, VET’s price in 2027 would be $0.58. This price would however would range from $0.7 and $0.47.
According to the VeChain Price Prediction model above, VET’s price in 2028 would be $1.19. This price would however would range from $1.42 and $0.94.
According to the VeChain Price Prediction model above, VET’s price in 2029 would be $2.38. This price would however would range from $2.86 and $1.91.
According to the VeChain Price Prediction model above, VET’s price in 2030 would be $4.79. This price would however would range from $5.75 and $3.84.
According to the VeChain Price Prediction model above, VET’s price in 2031 would be $9.64. This price would however would range from $11.57 and $7.71.
According to the VeChain Price Prediction model above, VET’s price in 2032 would be $19.38. This price would however would range from $23.26 and $15.51.
According to the VeChain Price Prediction model above, VET’s price in 2033 would be $38.97. This price would however would range from $46.77 and $31.18.
According to the VeChain Price Prediction model above, VET’s price in 2035 would be $157.55. This price would however would range from $189.06 and $126.04.
The highest price for VeChain was recorded in 19 April 2021 during which VET hit an All Time High of $0.28
The price of 1 VeChain according to current market rate is $0.034