When Will The Price Of VeChain Hit $5? Analyst Predicts A Significant Surge In The Price Of VET

The VeChain Thor price prediction for the year 2019 is bullish. Even if the short-term price action of VeChain isn’t showing any significant surge, VeChain has what it takes to rally soon. Positive VeChain news like the VeChain MacDonald collaboration and the long list of VeChain partnerships along with the positive market sentiment will contribute to the fulfillment of the bullish VeChain price prediction this year and beyond. The latest VeChain Thor price prediction on CryptoNewz places the VET price as high as $10 by the end of 2020.

VeChain Price Prediction – VeChain Thor Price Prediction – VeChain Thor News Today – VET Price Forecast

VeChain partnerships have been with several traditional firms and they are all going to lead to a widespread use of the VeChain blockchain and a surge in the VET price. One is the latest in the list of VeChain partnerships is the collaboration with Zeux to make the VET token available for users of Samsung Pay and Apple Pay. While the project pilot has already kicked off in the United States, Zeux announced that it would be available for all European users before the end of the year. When this happens, every Samsung Pay And Apple Pay customer will be able to use the VET coin to pay for goods and services. This is going to lead to a surge in the price of the coin. Before the end of the year, the price of VET is expected to be as high as $0.1000.

How has VeChain fared since the beginning of the year? Well, over the last four months, the VET price has experienced a similar movement as the price of many other altcoins. While there was a steady growth in the VET price between January and February, it suddenly increased by March. During the Bitcoin bull run in the first week of April, the price of VeChain also recovered significantly. Over the last week, thanks to the extremely bullish sentiment in the market, the price of VET is up by more than 50%. It’s important to note that even if the price of each coin is up by 50%, the market capitalization is down by 9% within the last 30 days.

VeChain Thor Price Prediction – VeChain Current Price – VET Price Today – VET Price Prediction 2020

At the time of writing, the VET price was $0.006624. This means that it is up by 4.21% against the USD and down by 8.03% against the price of BTC. The trading volume over a 24 hour period is $22,484,305 and the market capitalization is $367,313,255. The VET to BTC trading pair is bearish because VeChain lost the significant support at 107 satoshis and hasn’t been unable to retest it since then.

VeChain (VET) Price Today – VET / USD

Name Price
bitcoin
Bitcoin
$10,281.04-0.97%
vechain
VeChain
$0.0037-1.19%

If the price of VeChain is able to surge higher this period, it will face resistance at $0.01. If it crosses this resistance, another one will be at $0.05. Notwithstanding, by the end of the year, the price of VeChain would have tested the $0.01 level. By the year 2020, VeChain would cross the $1 level and may even sell as high as $5 before the end of the year.

What do you think about the VET price analysis and the VeChain Thor price prediction on our VeChain news today? Share your thoughts in the comment section below.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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