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Showing posts with the label short term

VeChain: Should You Buy VET Now & Enjoy Profits in September?

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VeChain is hovering around the $0.024 mark on Monday and has been up nearly 11% in the last seven days. VET is slowly yet steadily scaling up in the charts after being in the downturn for almost six months. The leading altcoin saw a relentless dip in Q2 of 2024 but is performing slightly better in Q3 this year. Also Read: US Dollar in Dangerous Waters: DXY Index Could Fall Below 100 Now that VET remains on the greener side of the spectrum this month, should you invest in it today, wait for the short term, and enjoy profits in September next month? This article will highlight how high or low VeChain could trade in the charts in September 2024. VeChain: Buy VET Today to Make Profits in September? Source: Unsplash Leading on-chain metrics and price prediction firm CoinCodex painted a rather bearish picture for VeChain in September. According to the price prediction, VET could dip briefly next month leading to losses to investors. All indicators point towards a ‘sell’ option for...

Solana Price Prediction Today, October 24, 2022: SOL/USD Portrays Minor Upward Correction

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Join Our Telegram channel to stay up to date on breaking news coverage After price movement in the SOL/USD reached a strong support near the $27 price level , it seems to be aligning for a change of trend. At this point, technical indicators are indicating that price action is changing direction. We will further study the SOL/USD in this price Analysis and we shall extend our scope to the SOL/BTC market too. SOL Analysis Statistics Data: Solana value now: $ 28 SOL market cap: $10.36 billion Solana moving supply: 358.37 million The Total supply of SOL: 511.62 million Solana’s Coinmarketcap ranking: #9 Key Price Levels : Top: $28, $35, $40 Base: $27, $25, $20 Solana Price Prediction Today, October 24, 2022: SOL/USD Changes Direction With some effort from SOL/USD Bulls, price action has changed direction. The latest candle on this chart reveals that buyers are fighting for the control of price action. Furthermore, the Average True Range (ATR) indicator is almost...