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The price of VeThor Token (VTHOUSD) receives a positive boost – Analysis – 13-05-2025 $VTHO
The price of VeThor Token (VTHOUSD) has increased in its recent immediate trading, as it relied on the support of its simple moving average for the period of 50. This coincided with the start of positive signals emerging from the relative strength indicators, after reaching areas of extreme overselling, which amplified the positive momentum accompanying the price, especially as this occurred amidst the dominance of the upward trend in the short term and its trading parallel to the trend line.
Based on this, our expectations indicate further upward movement for the price of the currency during its upcoming trades, as long as the support level of $0.002380 remains stable, targeting the pivotal resistance level of $0.003399.
Expected trend for upcoming trades: Upward