Bitcoin

VeChain

Claim Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.Lol</a>VeChain could reach new highs, potentially hitting $0.04425. Despite market fluctuations, VeChain’s volume profile hints at hidden potential, with a 40% surge anticipated upon a breakout.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/b35ea3deb33042588ee92096bf4b4896.png" />VeChain’s market cap exceeds $2.5 billion, reflecting ongoing developments and strategic decision-making.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/23c6d7a98b88403197367e6ab5039f44.png" /><h3 id="vechain-poised-for-significant-gains">VeChain Poised for Significant Gains</h3>VeChain’s recent price movements suggest that the project is gearing up for significant gains. The token’s focus on supply chain transparency and real-world applications enhances its utility and attracts <a href="https://cryptosheadlines.com/coinbase-introduces-crypto-lending-for-us-institutional-investors/" rel="noopener noreferrer nofollow">institutional investors</a>. Additionally, partnerships with major companies and government initiatives further solidify its market position. Analysts believe that <a href="https://cryptosheadlines.com/vechain-vet-gears-up-for-bullish-momentum-amid-chart-patterns/" rel="noopener noreferrer nofollow">VET is gearing</a> up for a meteoric ascent.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/43ded8d5b7d74ddf9f398b370bfe75d2.png" />Source: <a href="https://x.com/Ajwritescrypto/status/1812927437308604515?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">X</a>Recently, VeChain broke above a significant price resistance, reaching almost $0.039 before experiencing a pullback. Although an attempt to breach the same resistance level on January 11, 2024, resulted in rejection, the cryptocurrency appears to be consolidating around the $0.03 range.VeChain’s <a href="https://cryptosheadlines.com/analyst-sets-xrp-targets-33-ultimate-goal/" rel="noopener noreferrer nofollow">ultimate goal</a> is to surpass the crucial resistance level at $0.033. If successful, this breakthrough could propel the price to new highs. According to Crypto ZX, VeChain might rise as high as $0.04425 if it can overcome current resistance levels.<h3 id="vechain-shows-potential-for-significant-price-surge">VeChain Shows Potential for Significant Price Surge</h3>The recent market downturn has impacted VeChain’s price, leading to fluctuations around the support line. According to Ajwritescrypto, a well-known crypto analyst, VeChain’s volume profile reveals hidden potential that many overlook.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/23c6d7a98b88403197367e6ab5039f44.png" />Ajwritescrypto anticipates a 40% surge if the price manages to break out from current levels. At present, VeChain is trading at $0.031, marking a 26.3% increase over the past week. The cryptocurrency’s <a href="https://cryptosheadlines.com/ceo-of-rock-tree-capital-say-hong-kong-becoming-hub-for-crypto-capital-markets/" rel="noopener noreferrer nofollow">market capitalization</a> remains robust, exceeding $2.5 billion. Despite ongoing projects and developments, VeChain’s price impact has yet to fully manifest.VeChain’s strategic approach is evident in its recent 8% price increase, moving from $0.042 to $0.047. This could indicate a potential shift in market performance. However, it is advisable to conduct thorough research or analyze charts before making any trading decisions.<a href="https://cryptosheadlines.com/blackrock-aum-hits-10-6-trillion-record-with-etf-inflows/" rel="noopener noreferrer nofollow">Also Read: BlackRock AUM Hits $10.6 Trillion Record with ETF Inflows</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/705030fdd5aa48c59c39cedcb5e66f58.png" />Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

VeChain Breaks Key Barrier; Potential for 2x VET Price Increase Grows

Table of Contents

CryptosHeadlines.com

Other articles published on Jul 17, 2024

BinStarter Announces Exciting New Partnership with MC² Finance

BlockDAG’s Efficient Consensus & X30 Miner Promise Exponential Returns By 2025; Solana ETF Hype &...

Analyst Satoshi Stacker Identifies Top Altcoins for the Ongoing Crypto Bull Market

Blockchain: The Future of Finance with Unmatched Speed and Low Fees

Multipool Enters Strategic Partnership with Tokinvest Delivering Next-Level Tokenized Real-World ...

Announcing the First Cohort of RFP Grant Awardees

Join our free newsletter for daily crypto updates!