VET Technical Analysis: Uptrend Soon to Break $0.15

[Dn.Salah706]

VET coin price action maintains above the 61.80% Fibonacci Retracement Level, indicating a breakout of the previous trend high of $0.15.

VeChain (VET), a blockchain-powered supply chain platform, was launched in June 2016. It aims to combine distributed governance with the Internet of Things (IoT) to create an ecosystem that solves many major supply chain management issues.

To manage and create value-based upon VeChainThor's public blockchain, VeChain uses VET and VTHO tokens.

This is a way to improve supply chain processes' efficiency, traceability, and transparency while simultaneously reducing costs and giving individual users more control.

Let us now take a deep look into the technical analysis of VeChain's cryptocurrency.
Source: click