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VeChain (VET) candlestick chart shows a clear bearish trend, with sustained downward momentum dominating the market. After an initial sharp decline, VET saw a brief recovery attempt, but bullish efforts quickly lost strength, failing to establish a meaningful reversal. This consistent pattern of lower highs and lower lows reflects strong selling pressure, indicating that the […]
Prominent crypto expert Crypto Yapper has provided an optimistic outlook on the price movements of VeChain (VET). In his latest analysis, he pointed out that VeChain has broken out of a major falling wedge pattern. A falling wedge often signals a possible bullish trend. After breaking out in a bullish way from this huge falling […]
VeChain (VET) has recently penetrated its medium to long-term rising trend channel, indicating the possibility of a slowdown in its upward momentum. This indicates that this cryptocurrencys initial rate of ascent is weakening. While the price hovers at about the $0.03 support level, it is at an important point for the cryptocurrency. A positive market […]
VeChain’s price rose as Bitcoin broke past $105k. As the crypto market rallies in response to tariffs-related news, VET is poised. Technical indicators suggest VET price could pump to $0.090 or higher. The cryptocurrency market pumped on Monday, with Bitcoin breaking to highs above $105k as risk assets gained on news of a US-China trade […]
The post VeChain price prediction: Is VET poised for a 300% surge? appeared first on CoinJournal.
Crypto market analyst Ali Martinez sees VeChain (VET) skyrocketing to a $0.6 price target, citing the emergence of fractal patterns…
The post Fractals Point to Imminent VeChain Surge, With Target Set Toward $0.6 first appeared on The Crypto Basic.
A self-acclaimed VeChain (VET) insider has made a bold claim about the tokens price. The insider suggested that VETs tepid price action is a strategic ploy by the team, and the token will eventually make a parabolic rise when the time comes. VeChain Will Reach The Finish Line The self-claimed insider known as VeChain Whale admitted in an X (formerly Twitter) post that VETs price is slow but added that the token will reach the finish line. He made this statement while comparing VET to a snail in terms of price action. Related Reading: Crypto Expert Reveals What To Expect For Bitcoin, Dogecoin, And XRP In 12-16 Months VeChain Whale further revealed that the team could pump the token if they wanted but havent because of fear of regulation and other factors. The claim about regulation looks to be related to the Securities and Exchange Commission (SEC) and the fear that the network could face regulatory scrutiny from the Commission. The VeChain insider also claimed that the team wasnt worried about VETs price because they were aware that 90% of tokens will vanish after the bull run, but VeChain would still be around. That is why they are choosing to play the snail game, unlike the other tokens that do whatever to gain attractions and move up in the ranking at all cost. VeChain Whale added. As expected, VeChain Whales post attracted criticism from crypto community members who questioned when he became a VeChain insider. In response, VeChain Whale stated that he needed to prove the doubters wrong and suggested that a major announcement was coming in June, which would make those doubting him now offer an apology when the time came. VETs Price Set To Explode In a subsequent X post, he mentioned that the team would make many announcements in the next two months, which would cause VETs price to explode. He further assured VET holders that they can expect to see a 10x increase in the tokens price by June. Related Reading: Skybridge CEO Says Bitcoin Can Reach Half Of Gold Market, How Much Will BTC Be? Meanwhile, crypto analyst Egrag Crypto previously provided some insights into how high VETs price could rise when the time comes, mentioning that the crypto token could see a 140x increase in its price. However, Egrag failed to say when precisely this parabolic price surge will happen. Crypto analyst and YouTuber Crypto ZX also once predicted that VET was primed to enjoy significant price increases and further stated that the crypto token could hit new all-time highs (ATHs) if it succeeded in breaking certain resistance levels. At the time of writing, VET is trading at around $0.0455, up over 7% in the last 24 hours according to data from CoinMarketCap. VET Price at $0.04 | Source: VETUSDT on Tradingview.com Featured image from Investing.com, chart from Tradingview.com
Crypto analyst Egrag Crypto has singled out VeChain (VET) and XRP as two crypto tokens that could soon witness significant price surges. The analyst also outlined price targets crypto investors can expect these tokens to attain. VeChain Could Rise To As High As $2.5 From the chart Egrag shared in his X (formerly Twitter) post, one could see that he was hinting that VeChain hit $2.5 at its market peak. He also elaborated on how the crypto token will rise to that level by breaking its price action into three targets. The first target was the yellow channel, which he highlighted on the chart. Related Reading: Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement? Source: X VeChain is expected to rise to as high as $0.18 when this target is fully achieved. Egrag noted that this will mark the forging of the MACRO-Bottom. The second target will see the crypto token rise to almost $0.9. The analyst pointed out that this channel aligns with the Fib 0.702 & 0.786 levels, forming what he referred to as the Mid-Bull-Cycle. VeChain is expected to rise to as high as $2.5 when the last target is achieved. Egrag remarked that this target aligns with key Fib levels 1.236, 1.414, & 1.618, suggesting the potential cycle top for #VET. This isnt the first time the crypto analyst has laid a bullish narrative for the VeChain token. In February, he predicted that the crypto token could witness a 140x price increase if it repeats its price action from around 2021 when it rose by 14.638%. XRP Run To $1.4 Still In Play Egrag provided his bullish analysis of XRP in a separate X post. He stated that the crypto tokens double formation was giving a strong bullish signal. He added that he is confident that the thrust will soon. This recent analysis was an update to a previous one where he predicted that XRP would rise to $1.4 soon enough. Source: X Back then, he was also confident that this move to the upside was imminent, noting that the bulls had accumulated all the XRP tokens that the bears had dumped. He urged XRP holders to stay steady in anticipation of the life-changing opportunities that may arise due to the crypto tokens parabolic surge. Related Reading: Ethereum Resurgence: TRON Founder Justin Sun Goes On 127,388 ETH Buying Spree Egrag has remained bullish on the XRP token despite its unimpressive price action. He has predicted at different times that the crypto token could rise to as high as $27 at its market top. At the time of writing, XRP is trading at around $0.54, up in the last 24 hours, according to data from CoinMarketCap. VET price at $0.04 | Source: VETUSDT on Tradingview.com Featured image from Watcher Guru, chart from Tradingview.com
The Olive Times, a promising Chinese olive oil brand, has teamed up with VeChain to ensure the authenticity of its oil products. On August 25th, VeChain announced the news in a press release, stating that the collaboration was intended to help the company meet growing demand in China for organic olive oils. According to the […]
The post Vechain And Olive Times Became Partners To Deliver Best Quality Premium Olive Oils In China appeared first on The Crypto Basic.
Crypto analyst and YouTuber, Crypto ZX has released an update on VeChain (VET) price movements, predicting a surge to new all-time highs if the cryptocurrency succeeds in breaking certain resistance levels. Catalysts Behind VETs Projected Price Surge In a YouTube video released on Monday, Crypto ZX explored VeChains historical and recent price actions, emphasizing a potential for an upward trajectory as market down trends subside. The analyst delved into VeChains recent performance in relation to Bitcoin, offering insights into key resistance levels and projecting a major surge during the anticipated 2024 bull run. Related Reading: Massive $29.3 Million Whale Transfer Threatens XRP Price With More Sell Pressure According to the Crypto ZX, VeChain previously broke above a significant price resistance on December 20, 2023, reaching almost $0.039 before undergoing a subsequent pullback. Despite an attempt to breach the same price resistance on January 11, 2024, the cryptocurrency faced a notable rejection. Crypto ZX has suggested that VeChain may be consolidating around the $0.03 price range. Nonetheless, the cryptocurrencys expected goal is to experience a surge beyond the crucial resistance level at $0.033 cents. The analyst has revealed that a break above the resistance level would give VeChain a greater chance to surge to new highs. He predicts that if VeChain can overcome current resistance levels, then the price of the cryptocurrency could rise as high as $0.04425 cents. Crypto ZX explains that the markets recent downturn has led to VeChains fluctuating price movement along the support line. He anticipates a retracement of around 17.26% from the key resistance level and predicts that VeChain could surge to new yearly highs if Bitcoin succeeds in surpassing the crucial levels at $46,000. At the end of the day all are speculations, but I am very optimistic about the price of VeChain for the year 2024. I think it is going to shock a lot of people, Crypto ZX stated. VeChain Price Update In his YouTube video, Crypto ZX provided an update on VeChains recent price movements and current value. According to the analyst, VeChain is down about 2.3% on the daily time frame. He reveals that the majority of the market is also down currently due to Bitcoins recent pullback. Related Reading: Bitcoin, Solana Take Center Stage In $721 Million In Institutional Inflows At the time of writing, VeChain is trading at $0.027, reflecting a decrease of 1.51% in the past 7 days, according to CoinMarketCap. The analyst revealed that the cryptocurrency is also down by 1.9% in BTC, compared with the market capitalization, which is holding very strong above the $2 billion mark. Crypto ZX has disclosed that despite the traction gained by VeChains ongoing projects and developments, the cryptocurrency has not reflected the impact. He emphasized that VeChain is undervalued, considering the overall expansion and advancements the cryptocurrency has undergone. VET shows strength at $0.02 | Source: VETUSDT On Tradingview.com Featured image from Facts.net, chart from Tradingview.com
Crypto analyst Egrag Crypto has put out an ultra-bullish price prediction for VeChain (VET), which the analyst predicts will achieve significant gains soon enough. VeChain To See A 140x Gain Egrag mentioned in an X (formerly Twitter) post that the VeChain token could see a 50x or 140x gain. He further highlighted how the crypto token could achieve any of this move to the upside. Analysing the chart, he stated that a 50x move could be in play if VET sees a similar percentage increase to the one that occurred around 2019. Source: X Back then, VET is said to have seen a 5,892% increase. Egrag predicts that the crypto token could rise to $0.9 if this move is indeed in play. Meanwhile, for the 140x gain, the analyst claimed that this move could be in play if the market eventually witnesses a similar percentage increase to the one around 2021 when VETs price increased by 14,638%. Related Reading: Pro-Ripple Lawyer Tags Poor XRP Price Performance As Unnatural, Rally Imminent? That was when the crypto token hit its all-time high (ATH) of $0.27. Egrag predicts that VET could rise to as high as $2 if this is the move that ends up materializing. This prediction also means that VET will likely see a new ATH in the next bull run. This is not the first time Egrag has offered a bullish price prediction for the VET token. Last year, the analyst predicted that VET could rise to $1.6 based on historical patterns. This prediction came after the crypto token made an impressive surge of 77%, hitting price levels unseen since May 2022. Big Moves Still Lie Ahead For VET IEgrag isnt the only analyst who has recently laid out a bullish narrative for the VeChain token. Crypto analyst and YouTuber Crypto ZX also gave an analysis where he predicted that the crypto token could hit new ATHs if it succeeded in breaking certain resistance levels. One level he highlighted then was the $0.033 mark. Related Reading: Crypto Platform Which Predicted Bitcoin To Reach $50,000 Has Released A New Target The analyst had also suggested that VET was currently in a period of consolidation as it gears up for another move to the upside. On the next leg up, Crypto ZX predicted that the crypto token was going to surge above the $0.033 resistance level. The analyst further revealed that a move above that level would be vital to unlocking new highs. Interestingly, VeChain has since risen above that level. At the time of writing, the crypto token is trading at $0.0474, up over 5% in the last 24 hours, according to data from CoinMarketCap. VET price at $0.048 | Source: VETUSDT on Tradingview.com Featured image from Adaas Capital, chart from Tradingview.com
VeChain (VET), a blockchain platform focused on supply chain management and enterprise solutions, is experiencing a surge in price and trading volume, fueled by bullish predictions and anticipation of a major announcement related to environmental sustainability. Related Reading: BONK Price Jumps Over 30% As Robinhood, Revolut Listing Speculations Gain Traction Over the past 24 hours, VET has jumped an impressive 12%, currently trading at $0.047. This follows a remarkable week where the altcoin gained a solid 67%, defying the recent lull in the broader cryptocurrency market. Notably, trading volume has skyrocketed by a staggering 155%, reaching over $135 million within the same period. VET price action. Source: Coingecko VeChain: Technical Breakout And Price Target Crypto analyst Ali Martinez has garnered attention with his technical analysis, suggesting that VET is nearing the end of its consolidation phase. Martinez, referencing historical price patterns, predicts a breakout to the $0.05 region this week. If his prediction holds true, this would represent a further increase of 36% from the current price. It feels like it will be a big week for #VeChain! If history repeats itself, $VET could be looking at a move to $0.054 this week, a brief correction until June, and then a bull run to $0.70 by November! pic.twitter.com/wTdPW34NNH Ali (@ali_charts) February 14, 2024 Martinez’s analysis draws parallels to VET’s 2021 bull run, preceded by a 595-day consolidation period. He posits that a similar trajectory could unfold this year, with a potential first target of $0.054, a level not seen since February 2022. This would translate to a remarkable 56% gain from the current price. Impending Announcement Fuels Speculation Adding to the bullish sentiment is the anticipation of a significant announcement from VeChain. Industry insiders hint at the company’s plans to unveil initiatives leveraging blockchain technology to address environmental challenges. The potential for blockchain to promote sustainable practices and create interconnected ecosystems that reward eco-conscious behavior is resonating with investors. VeChain is joining the global tech community later this month, embarking on a tech-driven campaign to drive a sustainable future at #MWC2024.https://t.co/g1vjVbWuTD vechain (@vechainofficial) February 14, 2024 This strategic direction aligns with VeChain’s core values of sustainability and transparency, potentially attracting new investors and partnerships focused on environmental solutions. The announcement’s specifics remain undisclosed, but the buzz has undoubtedly contributed to the recent price surge. VET market cap currently at $3.543 billion. Chart: TradingView.com Community Anticipates Price Explosion, Analyst Cautions VeChain’s strong community is particularly optimistic, with some predicting a price of $0.7 by November 2024. This ambitious target represents a staggering 1,921% increase from the current price. While the potential for growth is undeniable, it’s crucial to approach such predictions with caution. Related Reading: Stacks (STX) Stuns: Price Soars Over 60% In Epic Recovery As TVL Explodes Martinez acknowledges the bullish sentiment but warns of a potential short-term correction in June before the anticipated upward rally. He emphasizes the inherent volatility of the cryptocurrency market, reminding investors to conduct thorough research and adopt a risk-management approach before making any investment decisions. Meanwhile, VeChain’s recent price surge and upcoming announcement have ignited excitement within the cryptocurrency community. While technical analysis suggests a potential breakout and ambitious price targets are circulating, it’s essential to remember the inherent volatility of the market and exercise caution. Featured image from Adobe Stock, chart from TradingView
Bitcoins bullish momentum has fueled the crypto market to an upward trend. As the flagship cryptocurrency rises to the $52,000 level, several other cryptocurrencies follow its steps closely and exhibit signals of a possible bull run. Accordingly, a renowned crypto analyst has predicted a potential bull run for VeChain (VET) that could lead the token to a new all-time high (ATH). Related Reading: Bitcoin Price Rally To $75,000 Imminent Due To Massive Cup And Handle Pattern Will VeChain Repeat History? Crypto analyst Ali Martinez has shared his prediction for VET this week. The analyst believes history could repeat itself, and the cryptocurrency may see its biggest week in years. According to Martinez, VET seems to be repeating historical patterns that preceded the 2021 bull run and saw the tokens price rise to its all-time high price. In the X (former Twitter) post, the crypto analyst predicted that VET could surge to the $0.054 price range, a level it has not reached since April 2022. The chart below shows the 595-day consolidation period that preceded the 2021 bull run. The cryptocurrency moved sideways during this period before eventually breaking out and reaching its ATH of $0.281. It feels like it will be a big week for #VeChain! If history repeats itself, $VET could be looking at a move to $0.054 this week, a brief correction until June, and then a bull run to $0.70 by November! pic.twitter.com/wTdPW34NNH — Ali (@ali_charts) February 14, 2024 Similarly, the chart indicates the current 644-day consolidation period in 2022. If history repeats this week, Martinez believes VET’s pattern could follow the 2021 trend and drive the tokens price upwards to $0.054. The analyst also predicted a potential price correction that would last until June. After the correction, Martinez predicts a bull run that would skyrocket the cryptocurrency price to $0.70 by November of this year. This long-term prediction would triple VETs previously established ATH. VET Price Action As previously reported, VETs price broke above a significant resistance level in December 2023 before suffering a pullback. In January 2024, the cryptocurrency faced another rejection following an attempt to break out of the same $0.03 price resistance. Following the recent Bitcoin rally, VET has been tracking its movements, mirroring a trend similar to that of the flagship cryptocurrency, as the chart below shows. VET's price movement follows a similar trend to BTC during the last 7 days. Source: CoinGecko At writing time, VET is trading at $0.04625, a 5.1% surge in the last hour and a 32.3% surge in the previous 24 hours. According to CoinGecko data, cryptocurrency takes the 34th spot in market capitalization. VeChain has a daily trading volume of $195 million, representing a 68.5% increase in one day. These metrics suggest a rise in market activity for the cryptocurrency and hint at a positive sentiment among investors. However, despite Martinezs prediction, VETs price has a long road ahead as it is still 85.33% lower than the all-time high price achieved three years ago. Related Reading: Ethereum Bulls Keep Pushing, Why ETH Could Soon Test $3K VET price action in the 1-day chat. Source: VETUSDT on TradingView.com Featured image from Unsplash.com, Chart from Tradingview.com
VeChain (VET) price rose 10% as Bitcoin spiked to briefly sit above $52k. The gains also came as the L1 smart contract platform announced Account Abstraction (AA) was now live. AA brings seamless interoperability and unlocks programmable smart contract wallets. VeChain (VET), the enterprise-grade L1 smart contract platform, has announced a major development in its […]
The post Vechain adds programmable smart contract wallets, VET soars appeared first on CoinJournal.
Despite its recent struggles, a prominent market analyst is tipping VeChain (VET) to surge more than 600% in the mid-term.…
The post Market Analyst Says VeChain (VET) All Set to Move to $0.21 first appeared on The Crypto Basic.
VORJ is Vechain’s ‘Web3-as-a-Service’ Platform. Vechain aims to build solutions that solve obstacles impeding the mass adoption of blockchain technology. At press time, the VET token was trading at $0.02636, up 4.13%. The price of Vechain (VET) has jumped by more than 4% hours after VeChain announced the launch Of VORJ, its ‘Web3-as-a-Service’ Platform — […]
The post Vechain price rising after the launch Of VORJ appeared first on CoinJournal.
Cryptocurrency prices had a strong performance this week as Bitcoin jumped above $30,000 and Ethereum soared to over $2,000. This rally coincided with the ongoing dollar sell-off, the latest American consumer inflation data, Shapellla upgrade, and dovish Federal Reserve minutes. In this crypto price prediction, we will look at Arbitrum (ARB), Taboo Token, and EOS. […]
The post Crypto price prediction: Arbitrum (ARB), EOS, VeChain appeared first on CoinJournal.
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