VeChain trades above moving averages amid institutional interest
VeChain (VET)
Editor:
Eugene Serbin
tradersunion.com reports that VeChain (VET) is trading at $0.009718, up 6.21% on the day with strong momentum. The asset sits above its key moving averages, reflecting sustained short-term and longer-term optimism. Bitget notes that VeChain’s emphasis on enterprise blockchain applications, including supply-chain tracking, distinguishes it from DeFi-focused projects.
This business-oriented strategy is expanding real-world use cases and attracting increased attention from institutional players. On the hourly chart, VET/USD trades above its MA-20 at $0.00951635 and MA-50 at $0.00933372. The daily timeframe shows a significant distance above the MA-200 at $0.00618117.
The Ichimoku Kijun at $0.009509 marks immediate support, while MACD remains on Buy. Analysts noted that the mainnet upgrade positioned the asset for renewed bullish momentum.
How the market reacted
Whalio's own Binance spot order flow for VET, measured when this story was written up on 26 September 2026. Not the outlet's figures.
Whalio spot data shows VET trading at $0.009524, with a 1-hour buy ratio of 44.8% compared to a 4-hour ratio of 53.0%. The 24-hour buy ratio stands at 52.5%, indicating that short-term buying pressure is fading relative to the broader daily trend. The 1-hour volume delta is -$20,905, suggesting recent selling pressure, while the 4-hour and 24-hour deltas are positive at +$60,104 and +$105,407 respectively. A positive volume delta means buyers are more aggressive than sellers, while the buy ratio shows the percentage of trades executed on the buy side. This divergence suggests that while daily buying remains dominant, immediate short-term momentum has weakened.
The latest daily buy ratio of 59.1% sits at the 99th percentile of the last 322 days, against a median of 50.2% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for VET, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 50.8%, making today's 24-hour ratio of 52.5% slightly higher by 1.7 points. However, spot volume was 0.68x the average, indicating lower-than-normal trading activity. Net buying occurred on 5 of the last 7 days, with a total volume delta of +$460,706 over 8 days. This volume level suggests an ordinary day in terms of participation, despite the slight increase in buying ratio. The price change over 8 days was +21.0%, showing strong recent performance despite the lower volume.