VeChain

Cryptocurrency

Coin

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/vechain-vet-prices-usd" title="VeChain" class="f-link" rel="noopener noreferrer nofollow">VeChain</a> breaks out of a long-term descending channel formation, indicating potential for future growth.</li>
 <li>Recent price action sees VeChain price soaring to an intraday high of $0.05020 on February 14, reaching levels unseen since May 2022 due to a buying frenzy.</li>
 <li>VET registers a remarkable 90% surge in the last three weeks, breaching the $0.050 mark.</li>
 <li>A bullish reversal prompts a rounding bottom breakout with a neckline at $0.040, reinforcing the uptrend.</li>
 <li>The VET price trend exhibits a significant spike in the daily chart, characterized by six consecutive bullish engulfing candles.</li>
 <li>According to recent VeChain news, VET has secured a significant partnership with Walmart China, facilitating over 200 million transactions to date.</li>
 <li>With rising demand propelling the VeChain price to momentarily hit $0.050, sideline traders anticipate a breakout.</li>
 <li>As per <a href="https://www.coingabbar.com/en/price-analysis" title="Coin Gabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coin Gabbar analysis</a>, If VET successfully closes above the $0.050 levels, according to the Vet price prediction, it could potentially surge to $0.28000 before 2030.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.06400-$0.08200
SUPPORT LEVEL : $0.03500-$0.02500
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

VeChain Price Prediction: Bulls Pushing for $0.10 Breakout

Coingabbar

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