VeChain Foundation expressed: Reflecting on 2021, we are incredibly proud of how far our team & technologies have come. Our achievements have set in motion revolutionary outcomes. In 2022+, we will see rapid acceleration for the adoption of blockchain and we are ready to deliver.

Chase Shiel, the Australian custom sneakers producer, makes his recent announcement about using blockchain technology to secure it’s Mars Yard and Off-white Air Jordan footwear. The decision about using blockchain technology for security purposes will serve the aim of protection against counterfeits.

Vechain token at the monthly chart is trading on a bearish note and continuously facing selling pressure from the higher levels. VET over the chart is now trading near its vital moving average of the 200-day line and trying to hold it. Moreover, the volume needs to improve in upcoming sessions as it falls below the average volume line. The coin falls below all vital moving averages of 20, 50, and 100-DMA lines while facing slight buying interest near the 200-DMA line.

The VeChain Foundation has started 2022 with a potential major announcement. Via their official Twitter handle, the organization hinted at the possible released of a new native stablecoin called VeUSD.

VeChain price analysis is bearish today as we saw the $0.088 resistance rejected again over the past hours. Therefore, VET/USD is not yet ready to break higher, and another move lower is needed.

The cryptocurrency market is slightly performing right in the last few days with Bitcoin hovering above $9,000 price successfully for more than 2 days. At press time Bitcoin is priced above $9,500 with 1.6% added value in the last 24 hours.

VeChain price has remained in a lull despite many altcoins’ remarkable recovery. The altcoin’s attempt to push through and produce a higher high was foiled, resulting in a retracement to an immediate support level. This correction to support will likely provide the platform for a recovery that will propel VET to pre-crash levels.

A brief technical and on-chain analysis on VeChain price. Here, FXStreet's analysts evaluate what VET must do to resume its uptrend.

VeChain price is positioned for a massive bear trap, which would yield a spike of over 80%. The $0.002/3-box Point and Figure chart show why a breakout above $0.126 could initiate a flash-spike higher.

The VeChain price analysis shows that after dropping to the $0.0800 mark, the price action was unable to recover completely and the price still trades below the $0.900 mark. Today VET fell to the $0.0860 mark and while the price has recovered since then, the bearish pressure still weighs on the price action.

The VeChain ecosystem continues to grow and recently saw the deployment of a new decentralized exchange (DEX). Called ZumoSwap, it was designed as an alternative to Vexchange, the automated market maker (AMM), and liquidity provision protocol already launched on this network.

InvestorsObserver gives VeChain an average long-term technical score of 66 from its research. The proprietary scoring system take into account the historical trad...

Frank and Oak, a Canadian Sustainable Apparel, has showcased a new collection traced by VeChain (VET), the leading enterprise blockchain platform, for the first time in Asia.

a look at blockchain-based platforms that are developing solutions which could be in high demand soon.

The situation resulting from the crisis of the COVID-19 has accelerated the adoption of digital. San Marino, the oldest republic in the world, is no exception and enters into a partnership with the Blockchain VeChain and DNV GL. At the end of this project, the republic hopes to get a prosperity in terms of urbanization in the country.

A renowned and innovative SMEs rating agency, Early Metrics, has put VeChain among the fastest growing start-ups.

The Vechain price analysis shows that the price of VET/USD has suffered massive fluctuations over the past few days. The price had exceeded the $0.0800 mark after reaching $0.0803 on January 15, 2022, followed by the cryptocurrency falling to $0.0782 on the same day. Finally, the price stabilized for a while, regained some of its lost value today on January 16, 2022, and reached $0.0789, which is the current price of Vechain.

VET crypto at present sees a negative pattern in the current situation and may test the lower support in the future. Vechain is at present floating near the worth of $0.08 and has noticed a fall of 1.3%. The resource is presently exchanging far beneath its 50 and 100 Daily Moving Average. It has seen a solid negative hybrid in the daily chart. The 100 DMA is right now close to the worth of $0.115 which can go about as an impermanent obstruction of the cost. The resource cost can see the further union in cost prior to going to another high. One can accept a solid development in the VET later on.