The crypto market has been doing great these days, after the parabolic run of Bitcoin which boosted the price of BTC over the psychological level of $8,000.
Crypto experts are expecting BTC to also hit the $10,000 level and then the FOMO is expected to hit the public and investors who did not purchase BTC when it was over $3,000 will start to realize that there’s no change to buy it at such cheap prices and they’ll buy the crypto at higher price tags.
Most cryptos have also surged in price along with the most important digital asset in the market.
VET price prediction for 2019 and 2020
Smartereum notes that the VeChain Thor price prediction for 2019 is extremely bullish.
They note that positive news such as “the VeChain MacDonald collaboration and the long list of VeChain partnerships along with the positive market sentiment will contribute to the fulfillment of the bullish VeChain price prediction this year and beyond.”
The latest VeChain Thor price prediction on CryptoNewz places claims that the VET price can hit as high as $10 by the end of 2020.
Smartereum notes that the collab with Zeux in order to make the VET tokens available for users of Samsung Pay and Apple Pay will definitely lead to the fact hat VET will hit $0.1 by the end of 2019.
VET to face resistance at $0.01
They write that if the price of VET is able to surge higher during this period, it will be facing resistance at $0.01.
The online publication also noted that if the coin is able to cross this resistance level, then another one os at $0.05.
Smartereum wrote that “by the end of the year, the price of VeChain would have tested the $0.01 level. By the year 2020, VeChain would cross the $1 level and may even sell as high as $5 before the end of the year.”
Ian Kennedy is the newest contributor to Crypto Daily Gazette. He enjoys running, practicing minimalism and cooking. Ian is a graduate of Wesleyan University in Connecticut where he studied journalism, Arabic and international affairs. Ian mostly covers stories concerning emerging blockchain technology.