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Vethor Price Prediction – Will VTHO Price Hit $0.02 Soon?

Vethor (VTHO) Price Prediction Prediction
  • Bullish VTHO price prediction ranges from $0.008167 to $0.016222.
  • VTHO price might also reach $0.02 soon.
  • VTHO bearish market price prediction for 2022 is $0.002716.

This Vethor 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.

VTHO Current Market Status

As of the time of writing this VeThor technical analysis, VTHO trades at $0.003474 with a 24-hour trading volume of $6,746,003. The price of VTHO has decreased by 1.03% in the last 24 hours.

Furthermore, VTHO has a current circulating supply of 45.63B. 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

Recently, VTHO held 319th 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.

VTHO/USDT 1Day Chart Showing On-Balance Volume (Source: Tradingview)

From the on-balance volume indicator 1day chart of Vethor Token above, we can deduce that the price of VTHO could decrease further, since the chart shows that the cumulative volume of trade between the buyers and sellers is reducing.

VTHO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The present trend is weak since the RSI value of VTHO/USDT is 39.65 since it lies between 30 and 50.

VTHO/USDT 1Day Chart Showing the keltner Channel (Source: Tradingview)

The present price of VTHO seems to be consolidating around the middle since the price of Vethor token is moving within the same price axis as seen from the recent candlesticks.

VeThor (VTHO) Price Prediction

As shown below in this VTHO price forecast chart, in the past four days, VTHO has shown a bullish uptrend.

The price of VTHO could break the $0.004868 resistance1 level and move higher to $0.016222 at resistance4, which is 2022 bullish signal.

VTHO/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)

Conversely, if the bears continue to have their way, the price of VTHo could plummet to $0.002716, 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.

VeThor (VTHO) Price Prediction 2022

If this bullish trend continues, VTHO will reach $0.016222 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.008167. 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 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

As per the latest upgrades, developments, VTHO price prediction, and new project forecasts of the platform the price surges. 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 $1.

VeThor (VTHO) Price Prediction 2025

In the next four years, VTHO prices could race up to $2. 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.

VeThor (VTHO) Price Prediction 2026

In the next five years, VTHO prices could race 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.

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 $0.016222. Meanwhile, our long-term VTHO price prediction 2021 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.

FAQ

What is VTHO?

VeThor Token is one of the two tokens governed by the VeChainThor public blockchain. Moreover, the VeThor Token is a VIP-180 Standard token. While VET is the native token for the platform, VTHO plays an important role in the overall functionality of the blockchain.

How to Buy VTHO Tokens?

Users can obtain VTHO tokens by purchasing them from cryptocurrency exchanges such as Binance or Bitrue.

Will VTHO Surpass its Current ATH?

VTHO is the best crypto to invest in 2022. Best of all, VTHO has a very low possibility of surpassing its current ATH at about $0.042 this year.

Can VTHO reach $0.2 soon?

Yes, it’s very much possible that VTHO might reach $0.2 in the near future as per the current bullish trend.

Is VTHO a good investment?

VTHO is one of the active digital assets in the crypto market. In addition, VTHO is now one of the famous crypto platforms on the VeChainThor public blockchain. However, VTHO is a good investment in 2022.

What will be the VeThor Token price by 2022?

VeThor Token’s (VTHO) price is expected to reach $0.016222 by 2022.

What will be the VeThor Token price by 2023?

VeThor Token’s (VTHO) price is expected to reach $0.5 by 2023.

What will be the VeThor Token price by 2024?

VeThor Token’s (VTHO) price is expected to reach $1 by 2024.

What will be the VeThor Token price by 2025?

VeThor Token (VTHO) price is expected to reach $2 by 2025.

What will be the VeThor Token price by 2026?

VeThor Token (VTHO) price is expected to reach $5 by 2026.

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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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.