A few days ago, VeChain announced that it had entered a partnership with Renji Hospital. Renji Hospital is a China-based major hospital that tends to more than 2.1 million emergency cases yearly. The hospital will use VeChain’s digital Carbon ecosystem which was developed last year by VeChain in collaboration with DNV GL.
This VeChain news came just a few days after Zeux announced that it has partnered with VeChain to integrate the VET token on Apple Pay and Samsung Pay. This move alone is going to expose the VET token to over 190 million customers. When the demand for the token increases, so would the price. So, it’s only a matter of time until these two partnerships and all the others start reflecting on the price of VeChain.
VeChain Thor Price Prediction – Vet Coin Price Prediction
While the price of VeChain is currently in red, it is important to note that the VET price was around $0.003980 in the beginning of the year. Sometime in February, the price of VET fell as low as $0.036. This appeared like a bottom as VET has been on an upward trend since then. Within a 30 day period, the market capitalization of VeChain is up by more than 15.21%. The VeChain Thor price prediction on CryptoNewz places the price of VET in the bullish territory for the rest of the year.
VeChain (VET) Price Today – VET / USD
While it is currently bearish against the USD. There is still a high chance that the bulls will regain control of the market. The major resistance levels are currently at $0.008, $0.0085 and $0.009. The major support levels are at 0.006, $0.0055, and $0.0050.
Before the end of the year, VET price would have found its way to the $0.050 level if the sentiment in the market is positive. Now may be a good time to accumulate VET tokens ahead of the impending bull run.
VeChain Price Analysis – VeChain News Today
VeChain is one of the hottest blockchain projects out there. While it’s not in the top five of top ten, the team behind VeChain has a solid premise and project behind it. There are so many blockchains that claim to be the best in the war against centralization, VeChain is one of the few that have what it takes to promote decentralization and digitalization of the global economy.
It’s a time for celebration for the VeChain cryptocurrency holders as the coin is moving beyond expectations and has been on a continuous upward trend. In a very short span of time from its launch in 2015, VeChain has taken giant leaps to establish a firm position in the market. Its partnership with the makers of Game of Thrones caused the much-needed spur, and now its alliance with Haier paves the way to yet another bullish trend.
The first resistance level of the coin can be expected at 0.0080 USD in the next few days. VeChain reached its all-time high in September 2018 at USD 0.019. The coin has been showing a constant upward movement since the onset of 2019 and has been steeply soaring higher in the last few days. VeChain has immense potential to set new records in 2019. According to the latest Vechain price analysis on cryptonewsz; VET’s price can cross USD 0.09 by the end of 2019 and can grow as high as USD 10 in the next 2 years.
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