Top Analysts Agree VeChain (VET) Price Rally Is Ready to Continue: Here’s the Next Target

CoinMarketCap12-18

Leading crypto analyst World of Charts has identified a technical setup for VeChain, spotting a bullish pennant formation that suggests upside potential. The analyst notes that VET has successfully ...

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This breakout above the pattern’s upper resistance carries added significance due to the accompanying volume surge, lending credibility to the move’s sustainability.Read Also: Monero  Price Breaks Key Resistance: What Next?Adding weight to the technical outlook, veteran crypto strategist Michal van de Poppe emphasizes VeChain’s robust fundamental backdrop. He highlights the thriving ecosystem development, particularly noting the rapid expansion of VeBetter as a cornerstone project.The post Top Analysts Agree","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4213":"石油与天然气的勘探与生产","BK4080":"零售业房地产投资信托","BK4231":"零售房地产信托","BK4563":"昨日强势股","VET":"朱砂能源","ADC":"艾格里房产","BK4585":"ETF&股票定投概念"},"translate_title":"顶级分析师一致认为唯链(VET)价格上涨已准备好继续：这是下一个目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADC":1,"VET":1},"content_text":"Leading crypto analyst World of Charts has identified a technical setup for VeChain, spotting a bullish pennant formation that suggests upside potential.\nThe analyst notes that VET has successfully broken out of this continuation pattern, typically seen after strong rallies, and projects a potential 50% move higher from current levels to around $0.09.\n\n\nThe technical structure shows a sharp upward movement followed by a period of consolidation, forming the characteristic pennant shape. This breakout above the pattern’s upper resistance carries added significance due to the accompanying volume surge, lending credibility to the move’s sustainability.\nRead Also: Monero (XMR) Price Breaks Key Resistance: What Next? \nFundamental Strength Driving Momentum\nAdding weight to the technical outlook, veteran crypto strategist Michaël van de Poppe emphasizes VeChain’s robust fundamental backdrop. He highlights the thriving ecosystem development, particularly noting the rapid expansion of VeBetter as a cornerstone project.\nVan de Poppe sees the recent consolidation as a healthy pause in what he describes as a nascent uptrend.\nThe analyst emphasizes that despite the substantial gains already secured, VET’s current movement likely represents just the beginning of a larger trend. His analysis suggests the broader VeChain ecosystem is positioned for significant growth heading into 2025, supported by continuing development and adoption.\n\n\nThe convergence of technical and fundamental factors presents a compelling case for VET’s continued upward trajectory. The confirmed breakout from the bullish pennant formation, coupled with strong ecosystem fundamentals, suggests traders may want to watch for potential continuation of the upward movement.\nHowever, as with any trading setup, monitoring volume and potential retests of the breakout level remains crucial for validation. The analytical consensus points to VeChain entering a new phase of its market cycle, with both technical and fundamental indicators aligning to suggest further upside potential.\nFollow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.\n\n\n\n \n\n\n We recommend eToro \nDon’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more\n\n\n\n Visit eToro Now \n\n\n\n Active user community and social features like news feeds, chats for specific coins available for trading.  Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.  Copy trading: allows users to copy the trades of leading traders, for free.  User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.\n    \n\n\n\n\nThe post Top Analysts Agree VeChain (VET) Price Rally Is Ready to Continue: Here’s the Next Target appeared first on CaptainAltcoin.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492877918"}