In the altcoin industry, there will always be mixed momentum over the course of a weekend. As the weekend is a notoriously bearish period, one would come to expect some altcoins to lose value regardless of where Bitcoin is headed. Today is no different, as the VeChain price is under pressure and might drop below $0.007 again.
VeChain Price Heads South Again
Although it seems to have gone relatively quiet where VeChain is concerned, the project is still faring quite well.
As was to be expected, there is a fair bit amount of bearish pressure affecting all cryptocurrencies right now. This trend has been forming for a little while now, although most traders expect the losses to be contained first and foremost. That may not necessarily be the case for all markets, as the VeChain price is losing a fair bit of value in rather quick succession.
VeChain Price Can’t Catch a Break
In the cryptocurrency world, there is never a price trend which has proven to be sustainable for the very long run.
As the weekend is nearly over, the battle lines across different cryptocurrency markets become slightly more apparent.
With plenty of uneasy cryptocurrency market momentum to contend with at this time, there is a good chance some surprising things will happen today.
With most of the cryptocurrency markets noting some promising or outright bullish momentum, the coming weekend will prove to be very interesting.
When the momentum turns bullish in the cryptocurrency, it is rather obvious.
Even though it appears as if more bearish momentum is looming on the horizon, some cryptocurrencies are still moving up nicely.
With none of the major cryptocurrencies noting any real positive momentum right now, it will be interesting to see what will come next.
When Bitcoin goes in the red again, a sudden sea of bearish pressure emerges upon all alternative markets.
Although the past few days have been rather bullish for most cryptocurrencies, it quickly became obvious that momentum would not last for very long.
It has been a rather interesting week for all cryptocurrency and digital asset markets.
Even though it seemed as if the cryptocurrency markets would see a big retrace in the coming hours, that may not necessarily be the case after all. In fact, the hourly charts for all big currencies look rather promising once again, which can easily trigger some noteworthy price changes. For VeChain price watcher,s this weekend may prove to be rather interesting for many different reasons.
VeChain Price Trend Turns Bullish
It is always interesting to see how different cryptocurrencies respond to the current market movements.
All of the major cryptocurrency markets continue to note impressive gains as more time progresses. Further down the rankings, most of the altcoins also remain firmly in the green, which is a very promising sight to behold. VeChain continues to truck along nicely, primarily because things are clicking together behind the scenes.
VeChain Price Climbs Higher
It is evident there are a lot of opportunities in the cryptocurrency industry these days.
Although it seemed as if there was some positive momentum brewing yesterday, most markets are subdued once again. VeChain is no different in this regard, as its value is still heading own. In fact, there is a good chance VET will drop below $0.01 in the coming hours, unless something changes drastically.
VeChain Price Momentum Isn’t Impressive
It has become increasingly difficult to find any cryptocurrency which can sustain an uptrend for more than a few hours.
There is plenty of green across the top 20 cryptocurrencies by market cap at this stage. Although this mainly pertains to minuscule gains, it is evident something interesting might happen later this week. For VeChain, a new round of positive developments can easily catapult the price back to $0.015.
VeChain Price Could Get a big Nudge
It has been a relatively boring weekend for VeChain, although that applies to virtually all other cryptocurrencies as well.
The past few weeks have been relatively quiet for VeChain, primarily because the price of its native token hasn’t seen any major changes. That situation is seemingly coming to change fairly soon, as the current price trend looks rather promising first and foremost. Sustaining any uptrend has been challenging in 2018 so far.
VeChain Price Trend Shows Promise
It has been a while since people seemed to get excited about the VET price.