In the altcoin industry, there will always be mixed momentum over the course of a weekend. As the weekend is a notoriously bearish period, one would come to expect some altcoins to lose value regardless of where Bitcoin is headed. Today is no different, as the VeChain price is under pressure and might drop below $0.007 again.

VeChain Price Heads South Again

Although it seems to have gone relatively quiet where VeChain is concerned, the project is still faring quite well. In fact, there have been several major milestones for this project over the past 18 months, all of which could have influenced the price in a positive manner. Surprisingly, it seems this market continues to note bearish and sideways momentum despite everything that takes place behind the scenes.

Over the past 24 hours, the VeChain price has lost another 2.3% in USD value and 2.85% over Bitcoin. Because of these ongoing changes, one VET is now valued at $0.007012, or 132 Satoshi. Neither level will please traders and speculators, yet it seems unlikely any…

Click to continue reading on its source location…

Source: https://themerkle.com/vechain-price-risks-dropping-below-0-007-as-bears-wont-relent/