VeChain (VET) Price Prediction for March 2023

VeChain is among the top-performing cryptocurrencies in 2023, as it has doubled in price since the start of January. It spiked 100% as it rose from $0.015 to a high of $0.032 in less than two months. VET is attracting heavy bullish sentiment in the indices and could gear up for another rally in the indices. The HiVe launch on Mar. 4, 2023, is attracting investors that could catapult its price from its current level of $0.028. Read here to know more details about The HiVe and how the VeChain blockchain will enter the Web3 sphere.

Also Read: VeChain Spikes Double Digits: Skyrockets to $0.03 After a 100% Rise in 2023

VeChain: VET Price Prediction For March 2023

VeChain VET Rocket
Source: Pixabay

A few whales entered the VeChain market before the blockchain launched The HiVe protocol. Therefore, VET stands at a risk of sell-offs after the launch as investors could indulge in profit bookings. However, leading price prediction firm Gov Capital remains confident about VET’s prospects in March 2023.

According to the latest price prediction by Gov Capital, VeChain could double in price again from its current level of $0.028. The on-chain metrics firm predicts that VET could reach $0.0562 by the end of March 2023.

Also Read: When Will VeChain Reach $1?

Source: Gov,Capital

That’s an uptick of nearly 100% in the indices. According to the forecast, the launch of The Hive could attract investors into VET throughout the month. However, VET could retrace in price after touching $0.0562, according to the prediction.

If VET breaks its resistance levels of $0.035, it could scale up further and reach new monthly highs. The VET community is also riled up for the event which would see the blockchain ramping up collaborations among the industry players.

Also Read: VET Price Prediction: When Could It Reach $0.1?

At press time, VeChain was trading at $0.028 and was up 3.5% in the 24-hour day trade. VET is down 89.90% from its all-time high of $0.28, which it reached in April 2021.

  • VeChain
  • VET

Comments

Post a Comment

Popular posts from this blog

Bitcoin Cash Price Prediction for Today, February 11 – BCH Technical Analysis

Image
The Bitcoin Cash price prediction adds a tremendous 7.35% gain, and the coin touches the resistance level of $277.46. Bitcoin Cash (BCH) Trades Bullishly After Facing Challenges Bitcoin Cash (BCH) has encountered difficulties in upholding its price consistency, fluctuating within the $234 to $235 range throughout the past week, experiencing a modest uptick of 0.2%. Nevertheless, Bitcoin Cash (BCH) is showing signs of relief, maintaining a range between $246 and $277 respectively. Bitcoin Cash Prediction Statistics Data: Bitcoin Cash price now – $266.0 Bitcoin Cash market cap – $5.28 billion Bitcoin Cash circulating supply – 19.6 million Bitcoin Cash total supply – 19.6 million Bitcoin Cash Coinmarketcap ranking – #20 BCH/USD Market Key Levels: Resistance levels: $300, $320, $340 Support levels: $220, $200, $180 BCHUSD – Daily Chart BCH/USD is fetching a decent hike in the last 24 hours, which takes the coin toward the resistance level of $280 level. The Bitcoin Cash pri
Read more

C+Charge Carbon Credit Crypto Project Approved by Leading Auditing Firm – Raises $360,000 in Presale

Image
Source: SolidProof Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. C+Charge has passed a security audit conducted by Germany-based blockchain auditor SolidProof, which examined its core smart contracts and found no issues at all. Its publication comes just as the BNB Chain-based carbon credit platform marks raising $370,000 in its ongoing token sale, indicating the growing market interest in its plans to create a blockchain-based network of EV-charging stations. Offering CCHG at a price of $0.013, the presale aims to raise $2,080,000 and is due to end on March 31, when the altcoin will receive its first exchange listings. This will also potentially be the time when early CCHG investors make a market-beating profit, with C+Charge having some of the strongest fundamentals of any new project in the ecosystem. C+Charge Carbon Credit Crypto Project Approved by Leading Auditi
Read more

Bitcoin 5-Week Bullish Streak Falters; Can CPI Data Perform Wonders?

Bitcoin saw a notable five-week surge, lifting its value by nearly 40%, only to face a bearish downturn and consolidate around $36k. The excitement surrounding a potential spot ETF diminishes as Bitcoin fails to surpass $37k. Investors now focus on the upcoming CPI data release as a crucial market influencer. Following a robust five-week ascent, propelling its value by nearly 40%, Bitcoin (BTC) has encountered a period of consolidation in the $37,000 range. The digital asset appears unable to sustain the bullish rally, with its price now around $36,000 after largely bearish trading in the past 24 hours. With the excitement surrounding the potential approval of a Bitcoin spot ETF dwindling, investors may shift their focus to Tuesday’s Consumer Price Index (CPI) as a potential catalyst for renewed bullish momentum. Specifically, the U.S. Bureau of Labor Statistics (BLS) is expected to release the CPI data today at 08:00 a.m. local time. Financial experts an
Read more