• bitcoinBitcoin (BTC) $ 119,273.00
  • ethereumEthereum (ETH) $ 3,001.77
  • xrpXRP (XRP) $ 2.87
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 693.34
  • solanaSolana (SOL) $ 163.12
  • usd-coinUSDC (USDC) $ 0.999807
  • dogecoinDogecoin (DOGE) $ 0.202477
  • tronTRON (TRX) $ 0.303570
  • staked-etherLido Staked Ether (STETH) $ 2,998.63
  • cardanoCardano (ADA) $ 0.749331
  • hyperliquidHyperliquid (HYPE) $ 49.07
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 119,079.00
  • stellarStellar (XLM) $ 0.472151
  • wrapped-stethWrapped stETH (WSTETH) $ 3,628.06
  • suiSui (SUI) $ 3.52
  • chainlinkChainlink (LINK) $ 15.87
  • hedera-hashgraphHedera (HBAR) $ 0.242509
  • bitcoin-cashBitcoin Cash (BCH) $ 509.97
  • avalanche-2Avalanche (AVAX) $ 21.71
  • leo-tokenLEO Token (LEO) $ 9.03
  • wrapped-eethWrapped eETH (WEETH) $ 3,214.87
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • wethWETH (WETH) $ 3,002.74
  • the-open-networkToncoin (TON) $ 3.00
  • litecoinLitecoin (LTC) $ 96.70
  • usdsUSDS (USDS) $ 0.999840
  • whitebitWhiteBIT Coin (WBT) $ 46.14
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999483
  • moneroMonero (XMR) $ 337.84
  • polkadotPolkadot (DOT) $ 4.04
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 119,317.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000013
  • uniswapUniswap (UNI) $ 8.65
  • bitget-tokenBitget Token (BGB) $ 4.40
  • aaveAave (AAVE) $ 313.78
  • bittensorBittensor (TAO) $ 401.74
  • pi-networkPi Network (PI) $ 0.470770
  • daiDai (DAI) $ 0.999866
  • crypto-com-chainCronos (CRO) $ 0.107757
  • aptosAptos (APT) $ 5.03
  • nearNEAR Protocol (NEAR) $ 2.58
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • internet-computerInternet Computer (ICP) $ 5.51
  • okbOKB (OKB) $ 48.85
  • ondo-financeOndo (ONDO) $ 0.910444
  • jito-staked-solJito Staked SOL (JITOSOL) $ 198.62
  • ethereum-classicEthereum Classic (ETC) $ 18.60
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • mantleMantle (MNT) $ 0.692935
  • kaspaKaspa (KAS) $ 0.088079
  • algorandAlgorand (ALGO) $ 0.265551
  • susdssUSDS (SUSDS) $ 1.06
  • ethenaEthena (ENA) $ 0.349744
  • usd1-wlfiUSD1 (USD1) $ 0.999753
  • cosmosCosmos Hub (ATOM) $ 4.74
  • vechainVeChain (VET) $ 0.025000
  • bonkBonk (BONK) $ 0.000027
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.234865
  • arbitrumArbitrum (ARB) $ 0.418269
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.031944
  • render-tokenRender (RENDER) $ 3.82
  • official-trumpOfficial Trump (TRUMP) $ 9.70
  • fasttokenFasttoken (FTN) $ 4.49
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.733448
  • gatechain-tokenGate (GT) $ 15.89
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,003.12
  • sei-networkSei (SEI) $ 0.326096
  • filecoinFilecoin (FIL) $ 2.60
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 118,896.00
  • skySky (SKY) $ 0.079252
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.75
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.40
  • jupiter-exchange-solanaJupiter (JUP) $ 0.510899
  • spx6900SPX6900 (SPX) $ 1.62
  • kucoin-sharesKuCoin (KCS) $ 11.43
  • usdtbUSDtb (USDTB) $ 0.999337
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998210
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,146.25
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,424.28
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.91
  • fartcoinFartcoin (FARTCOIN) $ 1.31
  • nexoNEXO (NEXO) $ 1.29
  • story-2Story (IP) $ 4.26
  • xdce-crowd-saleXDC Network (XDC) $ 0.077384
  • injective-protocolInjective (INJ) $ 12.67
  • blockstackStacks (STX) $ 0.794801
  • flare-networksFlare (FLR) $ 0.017360
  • sonic-3Sonic (S) $ 0.366406
  • optimismOptimism (OP) $ 0.666596
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.75
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,209.23
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,154.44
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 118,857.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • memecoreMemeCore (M) $ 0.654415
  • dogwifcoindogwifhat (WIF) $ 1.03
  • immutable-xImmutable (IMX) $ 0.539958
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,164.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 12.59
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999141
  • the-graphThe Graph (GRT) $ 0.100596
  • flokiFLOKI (FLOKI) $ 0.000100
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 118,980.00
  • pax-goldPAX Gold (PAXG) $ 3,347.64
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • wbnbWrapped BNB (WBNB) $ 692.72
  • kaiaKaia (KAIA) $ 0.157822
  • curve-dao-tokenCurve DAO (CRV) $ 0.672040
  • clbtcclBTC (CLBTC) $ 118,497.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,247.13
  • paypal-usdPayPal USD (PYUSD) $ 0.999192
  • vaultaVaulta (A) $ 0.550200
  • iotaIOTA (IOTA) $ 0.217575
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 182.98
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.43
  • tether-goldTether Gold (XAUT) $ 3,346.29
  • theta-tokenTheta Network (THETA) $ 0.822492
  • msolMarinade Staked SOL (MSOL) $ 213.46
  • galaGALA (GALA) $ 0.017507
  • jasmycoinJasmyCoin (JASMY) $ 0.016072
  • the-sandboxThe Sandbox (SAND) $ 0.318828
  • mog-coinMog Coin (MOG) $ 0.000002
  • lido-daoLido DAO (LDO) $ 0.849437
  • raydiumRaydium (RAY) $ 2.82
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.37
  • aerodrome-financeAerodrome Finance (AERO) $ 0.854528
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • ousgOUSG (OUSG) $ 111.77
  • pyth-networkPyth Network (PYTH) $ 0.121685
  • zcashZcash (ZEC) $ 42.90
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • tezosTezos (XTZ) $ 0.645563
  • jito-governance-tokenJito (JTO) $ 1.94
  • super-oethSuper OETH (SUPEROETH) $ 3,004.87
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997818
  • saros-financeSaros (SAROS) $ 0.255560
  • wrapped-hypeWrapped HYPE (WHYPE) $ 49.11
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,208.22
  • pendlePendle (PENDLE) $ 3.97
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • flowFlow (FLOW) $ 0.393741
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,133.27
  • tbtctBTC (TBTC) $ 118,916.00
  • decentralandDecentraland (MANA) $ 0.324484
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,536.00
  • morphoMorpho (MORPHO) $ 1.94
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,004.26
  • chain-2Onyxcoin (XCN) $ 0.017569
  • heliumHelium (HNT) $ 3.20
  • newton-projectAB (AB) $ 0.008811
  • falcon-financeFalcon USD (USDF) $ 0.999645
  • usual-usdUsual USD (USD0) $ 0.997573
  • based-brettBrett (BRETT) $ 0.057966
  • coredaoorgCore (CORE) $ 0.562958
  • walrus-2Walrus (WAL) $ 0.407516
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 119,428.00
  • staked-hypeStaked HYPE (STHYPE) $ 49.09
  • thorchainTHORChain (RUNE) $ 1.55
  • apecoinApeCoin (APE) $ 0.673709
  • bitcoin-svBitcoin SV (BSV) $ 26.60
  • conflux-tokenConflux (CFX) $ 0.103212
  • syrupMaple Finance (SYRUP) $ 0.491553
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.202771
  • ripple-usdRipple USD (RLUSD) $ 0.999702
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,002.07
  • starknetStarknet (STRK) $ 0.142345
  • build-onBUILDon (B) $ 0.499572
  • true-usdTrueUSD (TUSD) $ 0.999338
  • usddUSDD (USDD) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008103
  • kavaKava (KAVA) $ 0.437963
  • stader-ethxStader ETHx (ETHX) $ 3,189.69
  • venomVenom (VENOM) $ 0.223474
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004637
  • dydx-chaindYdX (DYDX) $ 0.610611
  • arweaveArweave (AR) $ 6.98
  • 1inch1inch (1INCH) $ 0.328320
  • elrond-erd-2MultiversX (EGLD) $ 15.83
  • neoNEO (NEO) $ 6.37
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999808
  • telcoinTelcoin (TEL) $ 0.004917
  • beldexBeldex (BDX) $ 0.062650
  • apenftAPENFT (NFT) $ 0.00000045
  • compound-governance-tokenCompound (COMP) $ 47.20
  • aioz-networkAIOZ Network (AIOZ) $ 0.374036
  • ether-fiEther.fi (ETHFI) $ 1.18
  • dexeDeXe (DEXE) $ 7.61
  • deepDeepBook (DEEP) $ 0.173310
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,317.32
  • ecasheCash (XEC) $ 0.000021
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.35
  • axie-infinityAxie Infinity (AXS) $ 2.55
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 118,220.00
  • zksyncZKsync (ZK) $ 0.056746
  • usdbUSDB (USDB) $ 0.998576

VeChain Crashes Amid Broader Market Sell-off: What’s Next?

0 15

VeChain Crashes Amid Broader Market Sell-off: What’s Next?

VeChain recorded a 5% intraday drop after failing to cross the 50-day EMA. Derivatives data show weak interest, raising the risk of a $0.02199 breakdown.

As the broader market struggles to find support, VeChain takes a bearish turn around the 50-day EMA, with a surge in selling pressure nearly undermining weekly gains. Will the downtrend break under the crucial $0.02199 support?

Vechain Price Analysis

On the daily chart, VeChain shows a V-shaped reversal, recovering from the three-day crash last week. The bullish trend produced five consecutive bullish candles.

VET Price chart

The recovery rally saw five consecutive bullish candles, with the price rising from $0.02253 to $0.02630, a 16% surge. However, the uptrend failed to break above the 50-day EMA, resulting in a sudden 4.87% crash on Wednesday.

Due to recent fluctuations, the MACD and signal lines have flattened despite the earlier positive crossover. Hence, the technical indicators give mixed signals amid increased volatility in VET prices. Notably, the declining trend in the 50-, 100-, and 200-day EMAs signals a bearish long-term outlook.

As selling pressure revives, the altcoin broke below the $0.02471 support level. VeChain extended its losses with a 5.17% intraday drop, trading at $0.02222. Thus, the likelihood of VET retesting the $0.02199 horizontal support has increased.

A potential closing below the immediate support could extend the correction to the psychological level of $0.02000, followed by $0.01974. However, if VET avoids closing below $0.02471, a potential bounce back to the 50-day EMA at $0.02609 remains possible.

VET Derivatives

As VeChain’s bearish trend re-emerges, optimism in the derivatives market takes a significant hit. Open interest dropped 9.48% to $62.85 million, signaling reduced trader interest.

Long liquidations reached $419k, while short liquidations remained below $6k. This reflects a substantial wipeout of bullish players. Consequently, the long/short ratio dropped to 0.8744, indicating an increased number of bearish positions.

With declining trader interest, derivatives data suggest a high likelihood of continued bearish momentum.

VeChain Crashes Amid Broader Market Sell-off: What’s Next?

VET Derivatives

Source

Leave A Reply

Your email address will not be published.