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Market Overview
VET/USD closed at 0.011648, reflecting a slight decline of 0.37% from the previous close, consistent with the ongoing downtrend observed over the past 30 days, which saw a 1.90% decrease. The price remains below the 20-day SMA of 0.01174 and the 5-day SMA of 0.01166, indicating continued bearish momentum. The 50-day and 200-day SMAs are not provided but the trend and recent price action suggest downward pressure. The RSI is not specified, but technical indicators confirm selling pressure with support near 0.01160 and resistance around 0.01195. No major upcoming events are noted to influence price action imminently. For information only.
Last Updated 1/16/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.