Vethor Price Prediction – Will VTHO Price Hit $0.02 in 2022?

This Vethor (VTHO) Price Prediction article is based on technical analysis alone. Below, you will see the key metrics that we have taken into account upon coming up with our VTHO price analysis and prediction.

The cryptocurrency market started to surge high. In fact, there are many cryptos that surged to a new all-time high during this 2021 bull run. In contrast, some crypto also experienced a downtrend position. As a result, many crypto traders are confused about whether it is time to hold or sell their crypto. This is also the same challenge that traders are experiencing in VTHO.

Nevertheless, the crypto market is consolidating lately, and most crypto assets are losing their previous profits. Will VTHO experience the same price volatility? We’ll find out shortly in this VTHO price analysis 2022 article. But first, let’s have a look at what VTHO is.

What Is Vethor (VTHO)?

VeThor Token is one of the two tokens governed by the VeChainThor public blockchain. VeChain was launched in 2015, but it went through a rebranding process in 2018. While VeChain Token (VET) is the native token for the platform, VeThor Token (VTHO) plays an important role in the overall functionality of the blockchain.

The VeThor Token is a VIP-180 Standard token that represents the cost of using the VeChainThor blockchain. Moreover, its primary purpose is to facilitate processes and transactions on the blockchain, and it essentially represents the smart contract layer of the network.

Now that we have an idea about VTHO, do you think VTHO will be profitable crypto in 2022? Join me and let us see the charts in this VTHO price analysis and VTHO price prediction.

VeThor (VTHO) Current Market Status

As of the time of writing this VeThor technical analysis, VTHO trades at $0.00159 with a 24-hour trading volume of $3.354,251. The price of VTHO has decreased by 2.05% in the last 24 hours.

Furthermore, VTHO has a current circulating supply of 45.63B according to CoinMarketCap. Currently, the top crypto asset trading platforms for VTHO are Binance, Mexc, BitMart, Hotbit, Gate.io, Bitrue, BigONE, Gate.io, and MXC.COM.

Now, let’s proceed to the next part of this VTHO technical analysis for 2022.

VeThor (VTHO) Price Analysis 2022

Recently, VTHO held 292nd position on CoinGecko. But will the recent upgrades and changes in the blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this VTHO price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for VTHO/USDT, it could be seen that the present gain could continue since the last candlestick is still within the first part of the curve from the top. This shows that the present uptrend in the price of VeThor will be sustained for some days before any reversal would be expected.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of VTHO/USDT 1day chart is 46.04.  This shows that VeThor is showing a neutral trend since it is between 30 and 50. This value is triggering a bullish run already since it seems that more buyers are repositioning as the value is moving towards the 50 RSI value which is the strong trend region.

From the 200 days and 100 days moving averages for VeThor (VTHO), it could be seen that VTHO would go bullish in the long-term since the 200-day moving average is above the 100-day moving averages. Hence, long-term investors could recover some part of their investments that had been lost in recent weeks due to crypto winter.

VeThor (VTHO) Price Prediction 2022

As shown below in this VTHO price forecast chart, in the past four days, VTHO has shown a bullish uptrend. It has gained 7.8% in the past 7 days. If this continues, the price of VTHO could break the $0.00228 resistance1 level and move higher to $0.01548 at the resistance9 level, which is 2022 bullish signal.

Conversely, if the bears continue to have their way, the price of VTHo could plummet to $0.00101, the bearish signal for 2022.

Meanwhile, our long-term VTHO price prediction 2022 is bullish. It has a very low possibility of surpassing its current all-time-high (ATH) at about $0.04201 according to CoinMarketCap this year. It will only happen if it breaks many previous psychological resistances.

If this bullish trend continues, VTHO will reach $0.01548 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.00228. Then this rise will slow down, but no major falls are expected. With upcoming partnerships, and developments reaching $0.02 is quite optimistic in the price point of view but undoubtedly feasible for the near future. This indicates that VTHO has a high possibility of reaching a new ATH soon.

VeThor (VTHO) Price Prediction 2023

The price of VTHO can move to even great heights, however reaching $0.5. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency VTHO breaks past the psychological resistance level.

VeThor (VTHO) Price Prediction 2024

If VTHO holds an RSI above 50 by the end of 2022, buyers will then have ample time and stability to forge the next attack mission on the vital level at $1, making it not plummet but play consistently.

VeThor (VTHO) Price Prediction 2025

As per the latest upgrades, developments, VTHO price prediction, and new project forecasts of the platform, VTHO investors could expect many partnerships and integrations around 2025. Moreover, this might boost the price of VTHO in the crypto market, and it will be the best investment as the price can spike and reach around $2.

VeThor (VTHO) Price Prediction 2026

In the next four years, VTHO prices could rise up to $5. However, reaching this level could not be so difficult for VTHO as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that VTHO has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

VeThor (VTHO) Price Prediction 2027

As per the latest upgrades, developments, VTHO price prediction, and new project forecasts of the platform, VTHO investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of VTHO in the crypto market, and it will be the best investment as the price can spike and reach around $10.

VeThor (VTHO) Price Prediction 2028

In the next six years, VTHO prices could rise up to $20. However, reaching this level could not be so difficult for VTHO as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that VTHO has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

VeThor (VTHO) Price Prediction 2029

As per the latest upgrades, developments, VTHO price prediction, and new project forecasts of the platform, VTHO investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of VTHO in the crypto market, and it will be the best investment as the price can spike and reach around $40.

VeThor (VTHO) Price Prediction 2030

In the next eight years, VTHO prices could rise up to $50. However, reaching this level could not be so difficult for VTHO as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that VTHO has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

VTHO seems to have a great future ahead in 2022. With the ongoing developments happening within the VTHO ecosystem, as well as in the overall crypto market, we may see VTHO reach new heights.

Even more, the bullish VTHO price prediction in 2022 is $0.01548. Meanwhile, our long-term VTHO price prediction 2022 is bullish. It has a very low possibility of surpassing its current all-time-high (ATH) at about $0.042 this year. However, that will only happen if it breaks the previous number of psychological resistances. It may even reach $0.02 if investors continue to side with VTHO this year along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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