VeChain Price Prediction: 2024, 2025, 2030
VeChain’s price at the same time last week was $0.019. It has moved by 37.72 % in the past week and is currently at $0.026. Infact, in the past 24 hours, VET has pumped by 0.96 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and VET could hit $0.04 in 2025.
The total circulating supply of VeChain as of writing this article was $80,985,041,177 and the marketcap of VET remains at $2,190,274,196. VeChain price in the longer term is expected to reach a high of $0.2 in 2035.
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 can be anticipated at $0.014 on the weekly chart.
- Meanwhile, $0.050 was the highest level of resistance.
2. Market sentiment
- As of September 2024, VET’s dominant trend is seen to be bearish.
3. Predictive forecasts
- Based on our AI/ML predictive algorithms, the forecasted average price for VET is projected to be $0.070 in 2032 and $0.150 in 2034.
Uncover important data on VET through an extensive 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: Buyers near a breakout
An in-depth analysis of VET’s price chart from September 2023 to September 2024 has created a nuanced understanding of its price dynamics and future outlook. This has highlighted the complexities of cryptocurrency market behaviors and provided a VeChain price prediction for 2024.
The period under review started on an optimistic note as VET's price trended northward, flipping $0.016 to be the lowest support level on the chart by mid-September. After briefly stabilizing, a pronounced rally commenced the next month, allowing the asset to overcome substantial barriers.
This momentum enabled VET to claim $0.027 by mid-December. However, the journey had setbacks, as the price encountered a corrective drop after testing $0.035. Notably, the former level provided a cushion to prevent further losses in January 2024.
The narrative took a decisive turn in mid-February when a significant price pump allowed the altcoin to surpass $0.035 and reach a peak barrier at $0.050. This price level demonstrated considerable resistance, as multiple attempts to surpass it were unsuccessful.
Repeated rejections drained the buyers’ strength. From mid-April, VET continued to see red along with the broader market. Consecutive declines drove the price below $0.035 by early May. Subsequent tests of this level exacerbated the downtrend, pushing the asset to a low of $0.020 in July.
This drop was followed by a price pump that briefly elevated the asset over $0.027. Nonetheless, this uptick wasn’t backed by genuine interest but was just the ripple effect of the market-wide recovery.
Consequently, VET returned to $0.020 in August. Amidst consistent struggles to rally mid-month, sector-wide pessimism favored the bears. Thus, the price continued to stay close to this support.
However, bulls regrouped from the second week of September and turned the chart green. By the end of the analysis, VET traded at $0.025. AMBCrypto noted that the asset broke out of a descending channel mid-month, signaling scope for further upside.
A bullish reversal would necessitate flipping the current resistance. It can likely make room for a rebound, with projections of retesting the highest resistance. This level is crucial in dictating the long-term prospects of VET.
However, if the price faces rejection, VET could drop to the $0.020 support level. In a more bearish scenario, the asset could retrace its steps back to the lowest support or go even lower to $0.014.
Based on forecasts from AMBCrypto’s prediction models, VET is anticipated to continue growing, although quite slowly. By 2032, the asset is predicted to trade at an average price of $0.070. Further ascension can lead VET to an average trading price of $0.150 by 2034.
VET's 2024 roadmap: Key indicators to watch and trade
- The Awesome Oscillator (AO) recovered to register positive values by mid-November. Additionally, the loss of momentum in mid-January was reversed by the following month.
- The positive values decreased again in mid-March, culminating in the AO dropping below the zero line in mid-June. As the analysis concluded, it stood at -0.01044, highlighting the market’s diminishing bearish bias.
- The trading volume reflected the price trajectory, recovering with the rallies. Furthermore, investor withdrawal was apparent as both price and volume fell.
- The On-Balance Volume ascended from October until early April before reversing and moving south. It stood at 344.398 billion at press time. This uptick from previous lows indicated a cooling off of selling pressure.
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 165,617,363. VeChain has gone up by 20.40% in the past 30 days.
According to our analysis in the short term, VeChain price prediction for January 2025 shows the average price of VET at 0.031 and the highest possible price for January 2025 would be $0.033.
Further, according to our analysis in the long term, VeChain price prediction for May 2025 shows the average price of VET at 0.032 and the highest possible price for May 2025 would be $0.034.
VeChain's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
12 November 2024 | $0.027 | $0.025 | $0.029 |
13 November 2024 | $0.027 | $0.025 | $0.029 |
14 November 2024 | $0.027 | $0.025 | $0.029 |
15 November 2024 | $0.027 | $0.025 | $0.029 |
20 November 2024 | $0.028 | $0.026 | $0.03 |
25 November 2024 | $0.029 | $0.027 | $0.031 |
5 December 2024 | $0.03 | $0.028 | $0.032 |
VeChain price prediction 12 November 2024: VeChain's price for 12 November 2024 according to our analysis should range between $0.025 to $0.029 and the average price of VET should be around $0.027.
VeChain price prediction 13 November 2024: VeChain's price for 13 November 2024 according to our analysis should range between $0.025 to $0.029 and the average price of VET should be around $0.027.
VeChain price prediction 14 November 2024: VeChain's price for 14 November 2024 according to our analysis should range between $0.025 to $0.029 and the average price of VET should be around $0.027.
VeChain price prediction 15 November 2024: VeChain's price for 15 November 2024 according to our analysis should range between $0.025 to $0.029 and the average price of VET should be around $0.027.
VeChain price prediction 20 November 2024: VeChain's price for 20 November 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 25 November 2024: VeChain's price for 25 November 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 5 December 2024: VeChain's price for 5 December 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'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 $0.026, with a market cap of $2,190,274,196 and trading volumes of $165,617,363. 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 | $0.031 | $0.025 | $0.038 |
2025 | $0.034 | $0.027 | $0.04 |
2026 | $0.04 | $0.032 | $0.048 |
2027 | $0.043 | $0.034 | $0.051 |
2028 | $0.061 | $0.049 | $0.073 |
2029 | $0.06 | $0.048 | $0.072 |
2030 | $0.069 | $0.055 | $0.082 |
2031 | $0.074 | $0.059 | $0.089 |
2032 | $0.077 | $0.062 | $0.093 |
2033 | $0.1 | $0.081 | $0.12 |
2034 | $0.16 | $0.12 | $0.19 |
2035 | $0.16 | $0.13 | $0.2 |
VeChain price prediction 2024: VeChain's price for 2024 according to our analysis should range between $0.025 to $0.038 and the average price of VET should be around $0.031.
VeChain price prediction 2025: VeChain's price for 2025 according to our analysis should range between $0.027 to $0.04 and the average price of VET should be around $0.034.
VeChain price prediction 2026: VeChain's price for 2026 according to our analysis should range between $0.032 to $0.048 and the average price of VET should be around $0.04.
VeChain price prediction 2027: VeChain's price for 2027 according to our analysis should range between $0.034 to $0.051 and the average price of VET should be around $0.043.
VeChain price prediction 2028: VeChain's price for 2028 according to our analysis should range between $0.049 to $0.073 and the average price of VET should be around $0.061.
VeChain price prediction 2029: VeChain's price for 2029 according to our analysis should range between $0.048 to $0.072 and the average price of VET should be around $0.06.
VeChain price prediction 2030: VeChain's price for 2030 according to our analysis should range between $0.055 to $0.082 and the average price of VET should be around $0.069.
VeChain price prediction 2031: VeChain's price for 2031 according to our analysis should range between $0.059 to $0.089 and the average price of VET should be around $0.074.
VeChain price prediction 2032: VeChain's price for 2032 according to our analysis should range between $0.062 to $0.093 and the average price of VET should be around $0.077.
VeChain price prediction 2033: VeChain's price for 2033 according to our analysis should range between $0.081 to $0.12 and the average price of VET should be around $0.1.
VeChain price prediction 2034: VeChain's price for 2034 according to our analysis should range between $0.12 to $0.19 and the average price of VET should be around $0.16.
VeChain price prediction 2035: VeChain's price for 2035 according to our analysis should range between $0.13 to $0.2 and the average price of VET should be around $0.16.
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FAQs about VeChain
VeChain’s current price is $0.026 and witnessed a 0.96% increase in the past 24 hours. VET/BTC pair saw a -4.75% 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 0.96% increase and over the past 30 days VeChain has increase by 20.40%. 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 $0.038 and $0.025. 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 November 2024 should range between $0.025 to $0.038 with the average price for November being $0.031
According to the VeChain Price Prediction model above, VET’s price in 2025 would be $0.034. This price would however would range from $0.04 and $0.027.
According to the VeChain Price Prediction model above, VET’s price in 2026 would be $0.04. This price would however would range from $0.048 and $0.032.
According to the VeChain Price Prediction model above, VET’s price in 2027 would be $0.043. This price would however would range from $0.051 and $0.034.
According to the VeChain Price Prediction model above, VET’s price in 2028 would be $0.061. This price would however would range from $0.073 and $0.049.
According to the VeChain Price Prediction model above, VET’s price in 2029 would be $0.06. This price would however would range from $0.072 and $0.048.
According to the VeChain Price Prediction model above, VET’s price in 2030 would be $0.069. This price would however would range from $0.082 and $0.055.
According to the VeChain Price Prediction model above, VET’s price in 2031 would be $0.074. This price would however would range from $0.089 and $0.059.
According to the VeChain Price Prediction model above, VET’s price in 2032 would be $0.077. This price would however would range from $0.093 and $0.062.
According to the VeChain Price Prediction model above, VET’s price in 2033 would be $0.1. This price would however would range from $0.12 and $0.081.
According to the VeChain Price Prediction model above, VET’s price in 2034 would be $0.16. This price would however would range from $0.19 and $0.12.
According to the VeChain Price Prediction model above, VET’s price in 2035 would be $0.16. This price would however would range from $0.2 and $0.13.
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 $0.026
Reaching $2 for VeChain (VET) is ambitious but not impossible. Its focus on supply chain management is promising, but market conditions and competition will be key factors.