VeChain keeps bounce off 100-SMA despite staying below crucial trend line. Bearish MACD, sell signal from Super Trend and key support break signal further downside. VET picks up bids around $0.0825, up 1.40% intraday, during the early Friday. In doing so, the quote respects the previous day’s bounce off 100-SMA but keeps the downside break of the previously critical support line stretched from February 28. Given the downbeat MACD and sell signal from the Super Trend indicator joining the cryptocurrency pair’s trading below the key resistance line, VET sellers have the gate pass. However, a clear downside break of 100-SMA, around $0.0770, becomes necessary for the VeChain bears to eye the early month top surrounding $0.0685. Following that, the $0.0500 threshold can offer an intermediate halt during the quote further weakness before highlighting the late February low near $0.0340. Meanwhile, an upside clearance of the previous support line, at $0.0860 by the press time, will defy the bearish bets and can again propel the quote to the monthly peak near $1.0005. VeChain four-day chart Trend: Further weakness expected 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/CAD Price Analysis: Bulls taking on bearish commitments FX Street 1 year VeChain keeps bounce off 100-SMA despite staying below crucial trend line. Bearish MACD, sell signal from Super Trend and key support break signal further downside. VET picks up bids around $0.0825, up 1.40% intraday, during the early Friday. In doing so, the quote respects the previous day's bounce off 100-SMA but keeps the downside break of the previously critical support line stretched from February 28. Given the downbeat MACD and sell signal from the Super Trend indicator joining the cryptocurrency pair's trading below the key resistance line, VET sellers have the gate pass. However, a clear downside break of 100-SMA,… 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.