VeChain Price Prediction: 2024, 2025, 2030
VeChain’s price at the same time last week was $0.035. It has moved by -1.30 % in the past week and is currently at $0.034. Infact, in the past 24 hours, VET has dumped by -0.56 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and VET could hit $0.069 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 $2,484,767,228
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 dominant trend appears to be reversing from bullish to bearish.
3. Predictive forecasts
- Based on our AI/ML predictive algorithms, VET’s forecasted average approximate price for 2028 is projected to be $1.
- By 2035, the average trading price could exceed $250.
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 sheds as bulls surrender
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 claim $0.027 by mid-December. However, the journey had its setbacks, as the price encountered a corrective drop after testing $0.034. Notably, $0.027 provided a cushion to prevent further losses in January 2024.
The narrative took a decisive turn in mid-February when a major price pump allowed the altcoin to not only surpass $0.034 but also reach a peak barrier at $0.050. This price level demonstrated significant resistance, as multiple attempts to surpass it were unsuccessful. Nevertheless, the bulls successfully stood at $0.041, which proved to be a reliable support for nearly two months.
As April ended, this price point reverted to acting as resistance. The broader market downturn prompted this decline, resulting in VET trading at $0.035 by the end of the analysis.
The upcoming mainnet launch of VeBetterDAO on June 30, 2024, can likely garner substantial media hype. This might be a push that triggers another rally. If the bulls manage to hold $0.034, it can leave room for a rebound, 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 $0.027 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 $250 by 2035.
VET's 2024 roadmap: Key indicators to watch and trade
- The Awesome Oscillator (AO) dipped below the zero line in mid-May only to return to positive territory by mid-November. The indicator’s positive values began to wane in mid-January.
- However, this trend reversed in February. It lost momentum again starting in mid-March. As the analysis concluded, the AO stood at 0.00307. This indicated that the bullish momentum was weakening.
- The trading volume reflected the price trajectory. 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, with the price positioned below the 20-week Moving Average (MA). Heightened selling pressure pushed the price slightly below the lower band in June.
- However, as the uptrend started in late 2023, the 20 MA became support, triggering an expansion of the bands. The price even breached the upper band multiple times between November and early 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 mid-month and even below the 20 MA by late April. This highlighted prominent bearish pressure in the market.
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 38,832,880. VeChain has gone up by 0.88% 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 0.011 and the highest possible price for July 2024 would be $0.012.
Further, according to our analysis in the long term, VeChain price prediction for November 2024 shows the average price of VET at 0.016 and the highest possible price for November 2024 would be $0.017.
VeChain's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
1 June 2024 | $0.03 | $0.028 | $0.032 |
2 June 2024 | $0.03 | $0.028 | $0.032 |
3 June 2024 | $0.029 | $0.027 | $0.031 |
4 June 2024 | $0.028 | $0.026 | $0.03 |
9 June 2024 | $0.023 | $0.022 | $0.025 |
14 June 2024 | $0.019 | $0.018 | $0.021 |
24 June 2024 | $0.013 | $0.012 | $0.014 |
July 2024 | $0.011 | $0.011 | $0.012 |
August 2024 | $0.013 | $0.012 | $0.013 |
September 2024 | $0.014 | $0.013 | $0.015 |
October 2024 | $0.015 | $0.014 | $0.016 |
November 2024 | $0.016 | $0.014 | $0.017 |
December 2024 | $0.017 | $0.015 | $0.018 |
VeChain price prediction 1 June 2024: VeChain's price for 1 June 2024 according to our analysis should range between $0.028 to $0.032 and the average price of VET should be around $0.03.
VeChain price prediction 2 June 2024: VeChain's price for 2 June 2024 according to our analysis should range between $0.028 to $0.032 and the average price of VET should be around $0.03.
VeChain price prediction 3 June 2024: VeChain's price for 3 June 2024 according to our analysis should range between $0.027 to $0.031 and the average price of VET should be around $0.029.
VeChain price prediction 4 June 2024: VeChain's price for 4 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 9 June 2024: VeChain's price for 9 June 2024 according to our analysis should range between $0.022 to $0.025 and the average price of VET should be around $0.023.
VeChain price prediction 14 June 2024: VeChain's price for 14 June 2024 according to our analysis should range between $0.018 to $0.021 and the average price of VET should be around $0.019.
VeChain price prediction 24 June 2024: VeChain's price for 24 June 2024 according to our analysis should range between $0.012 to $0.014 and the average price of VET should be around $0.013.
VeChain price prediction July 2024: VeChain's price for July 2024 according to our analysis should range between $0.011 to $0.012 and the average price of VET should be around $0.011.
VeChain price prediction August 2024: VeChain's price for August 2024 according to our analysis should range between $0.012 to $0.013 and the average price of VET should be around $0.013.
VeChain price prediction September 2024: VeChain's price for September 2024 according to our analysis should range between $0.013 to $0.015 and the average price of VET should be around $0.014.
VeChain price prediction October 2024: VeChain's price for October 2024 according to our analysis should range between $0.014 to $0.016 and the average price of VET should be around $0.015.
VeChain price prediction November 2024: VeChain's price for November 2024 according to our analysis should range between $0.014 to $0.017 and the average price of VET should be around $0.016.
VeChain price prediction December 2024: VeChain's price for December 2024 according to our analysis should range between $0.015 to $0.018 and the average price of VET should be around $0.017.
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 $2,484,767,228 and trading volumes of $38,832,880. 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 | $0.017 | $0.013 | $0.02 |
2025 | $0.057 | $0.046 | $0.069 |
2026 | $0.073 | $0.058 | $0.087 |
2027 | $0.093 | $0.074 | $0.11 |
2028 | $0.11 | $0.094 | $0.14 |
2029 | $0.15 | $0.12 | $0.18 |
2030 | $0.19 | $0.15 | $0.22 |
2031 | $0.24 | $0.19 | $0.29 |
2032 | $0.3 | $0.24 | $0.36 |
2033 | $0.39 | $0.31 | $0.46 |
2035 | $0.62 | $0.5 | $0.75 |
VeChain price prediction 2024: VeChain's price for 2024 according to our analysis should range between $0.013 to $0.02 and the average price of VET should be around $0.017.
VeChain price prediction 2025: VeChain's price for 2025 according to our analysis should range between $0.046 to $0.069 and the average price of VET should be around $0.057.
VeChain price prediction 2026: VeChain's price for 2026 according to our analysis should range between $0.058 to $0.087 and the average price of VET should be around $0.073.
VeChain price prediction 2027: VeChain's price for 2027 according to our analysis should range between $0.074 to $0.11 and the average price of VET should be around $0.093.
VeChain price prediction 2028: VeChain's price for 2028 according to our analysis should range between $0.094 to $0.14 and the average price of VET should be around $0.11.
VeChain price prediction 2029: VeChain's price for 2029 according to our analysis should range between $0.12 to $0.18 and the average price of VET should be around $0.15.
VeChain price prediction 2030: VeChain's price for 2030 according to our analysis should range between $0.15 to $0.22 and the average price of VET should be around $0.19.
VeChain price prediction 2031: VeChain's price for 2031 according to our analysis should range between $0.19 to $0.29 and the average price of VET should be around $0.24.
VeChain price prediction 2032: VeChain's price for 2032 according to our analysis should range between $0.24 to $0.36 and the average price of VET should be around $0.3.
VeChain price prediction 2033: VeChain's price for 2033 according to our analysis should range between $0.31 to $0.46 and the average price of VET should be around $0.39.
VeChain price prediction 2035: VeChain's price for 2035 according to our analysis should range between $0.5 to $0.75 and the average price of VET should be around $0.62.
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FAQs about VeChain
VeChain’s current price is $0.034 and witnessed a -0.56% decrease in the past 24 hours. VET/BTC pair saw a -1.87% 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 -0.56% decrease and over the past 30 days VeChain has increase by 0.88%. 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 $0.02 and $0.013. 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 $0.013 to $0.02 with the average price for May being $0.017
According to the VeChain Price Prediction model above, VET’s price in 2025 would be $0.057. This price would however would range from $0.069 and $0.046.
According to the VeChain Price Prediction model above, VET’s price in 2026 would be $0.073. This price would however would range from $0.087 and $0.058.
According to the VeChain Price Prediction model above, VET’s price in 2027 would be $0.093. This price would however would range from $0.11 and $0.074.
According to the VeChain Price Prediction model above, VET’s price in 2028 would be $0.11. This price would however would range from $0.14 and $0.094.
According to the VeChain Price Prediction model above, VET’s price in 2029 would be $0.15. This price would however would range from $0.18 and $0.12.
According to the VeChain Price Prediction model above, VET’s price in 2030 would be $0.19. This price would however would range from $0.22 and $0.15.
According to the VeChain Price Prediction model above, VET’s price in 2031 would be $0.24. This price would however would range from $0.29 and $0.19.
According to the VeChain Price Prediction model above, VET’s price in 2032 would be $0.3. This price would however would range from $0.36 and $0.24.
According to the VeChain Price Prediction model above, VET’s price in 2033 would be $0.39. This price would however would range from $0.46 and $0.31.
According to the VeChain Price Prediction model above, VET’s price in 2035 would be $0.62. This price would however would range from $0.75 and $0.5.
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