VeChain is a popular blockchain platform that specializes in supply chain management. Its potential to address persistent issues like supply chain management has gained significant attention worldwide. Industries like agriculture export and other traditional supply chain businesses are already adapting blockchain as a part of their operations.
At press time, the VET coin price is trading at $0.01883, having recovered the support level of $0.01570 at the beginning of October. However, it is now at a crucial point, as the downtrend line is approaching close to it at the support level.
To overturn this trend, the VET bulls will need to create a higher low above this line. The immediate resistance level for the current price action is at $0.02590.
VET Price Prediction 2024-2027
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) | Growth in % | Volatility change |
| 2024 | 0.01309 | 0.02259 | 0.03209 | 70.42% | 245% |
| 2025 | 0.02824 | 0.03620 | 0.04415 | 37.58% | 156% |
| 2026 | 0.04202 | 0.05449 | 0.06695 | 51.64% | 159% |
| 2027 | 0.08964 | 0.09717 | 0.1047 | 56.39% | 117% |
VET Price Prediction 2024
Based on the analysis of VeChain historical price trends, it is projected that the potential high price of VET in 2024 could hover around $0.03209, while the minimum expected price may be around $0.01309. On average, the trading price is estimated to be around $0.02259 in 2024.
VET Price Prediction 2025
Based on the analysis of the cryptocurrency market, it is anticipated that the VET coin’s value in 2025 will reach a new record high of $0.04415. This indicates a major increase of 37.58% from the peak of the previous year. Additionally, there is a possibility of medium-high volatility during that year. The projected lowest value of VET is $0.02824 with an expected average price of around $0.03620.
VET Price Prediction 2026
In 2026, as the VeChain expands and its service offerings get discovered to more and more people, the value of the VET coin will rise. The VET coin price prediction for 2026 shows that it can go near its 204-week high. The potential maximum price will be $0.06695, while the lowest price can be $0.04202
VET Price Prediction 2027
In 2027, the crypto market will expand and the VeChain supply chain management system will be popular among targeted companies. Therefore, the VET coin prediction for 2027 suggests a high of $0.1047, finally breaking past $1.00 after 6 years. The potential low can be $0.08964 and volatility can be somewhere near 117%.
Conclusion
The VET coin price has been declining due to the bears dominating the market. Its future value, however, seems high because of the service VeChain is providing. With the growing interest in cryptocurrencies, more people are expected to invest in VET, which could push its value above $1.0 by 2027.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
Source: https://www.thecoinrepublic.com/2023/11/03/vet-price-prediction-2024-to-2027-will-vet-reach-1-soon/