Vechain price has seen a massive pump in the past two weeks rising by more than 180%. The digital asset can continue climbing higher according to various metrics. Vechain was trading inside a downtrend since August 2020 and remained flat during the Bitcoin rally in December before finally seeing a massive price explosion by the end of 2020. Several metrics and indicators show that VET can still rise higher in the short-term. Vechain price can continue rising towards $0.04 Despite the massive rally towards $0.0322 several indicators continue to show that VET can go higher. The ownership of VET coins by time held hasn’t changed much in the past few months and around 95.91% of addresses have been holders for at least one year, which indicates they arae expecting the price of Vechain to rise even higher. VET Ownership by Time Held chart The interest in VET coins seems to have increased significantly over the past few days as the derivatives trading volume hit $186 million on January 3, a number not seen since July 2020. VET Derivatives Volume chart However, on the 2-hour chart, the TD Sequential indicator did present a sell signal which has seen a lot of continuation to the downside. So far, the 26-EMA has served as a support level at $0.027. If bears can push Vechain price below this point, it can quickly drop towards $0.023. VET 2-hour chart Additionally, it seems that the RSI and the price have established a bearish divergence on the 2-hour chart. Vechain price hit several higher highs while the RSI established lower highs, creating the divergence and adding credence to the bearish outlook. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD consolidates just above 1.3600 handle as markets watch events on Capital Hill FX Street 1 year Vechain price has seen a massive pump in the past two weeks rising by more than 180%. The digital asset can continue climbing higher according to various metrics. Vechain was trading inside a downtrend since August 2020 and remained flat during the Bitcoin rally in December before finally seeing a massive price explosion by the end of 2020. Several metrics and indicators show that VET can still rise higher in the short-term. Vechain price can continue rising towards $0.04 Despite the massive rally towards $0.0322 several indicators continue to show that VET can go higher. The ownership of VET coins… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.