VeChain

2024

World

Resistance

Read

<ul>
 <li>VeChain surged 30%, validating bullish predictions and clearing key resistance levels.</li>
 <li>Analysts’ forecasts come true as VeChain hits $0.027, showing strong upward momentum.</li>
 <li>VeChain’s price rise aligns with bullish predictions, reaching key technical levels.</li>
</ul>
<p>VeChain (VET) has risen by 30% in the past seven days and many analysts believe this is just the beginning of a significant price surge. Amid a bearish market, VET has shown remarkable resilience signaling <a href="https://cryptonewsland.com/vechain-at-a-key-support-level/" target="_blank" rel="noopener noreferrer nofollow">high potential for more growth</a>.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24Vet&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Vet</a><br><br>1st Resistance Has Already Cleared As Expected Now <a href="https://twitter.com/hashtag/Vet?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Vet</a> Approaching Towards Main Resistance Real Bullish Wave Will Start After Descending Channel Breakout <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VeChain</a> <a href="https://t.co/Buvpedjv5G" rel="noopener noreferrer nofollow">https://t.co/Buvpedjv5G</a> <a href="https://t.co/iXVX2P3Ihw" rel="noopener noreferrer nofollow">pic.twitter.com/iXVX2P3Ihw</a></p>— World Of Charts (@WorldOfCharts1) <a href="https://twitter.com/WorldOfCharts1/status/1811266555134595450?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 11, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>As we can see from the post above, <a href="https://twitter.com/worldofcharts1?lang=en" rel="noopener noreferrer nofollow">World of </a><a href="https://twitter.com/worldofcharts1?lang=en" target="_blank" rel="noopener noreferrer nofollow">Charts1</a> highlighted that VeChain had already cleared its first resistance at $0.019. The next key resistance level was identified at $0.027.&nbsp;</p>
<p>According to this analysis, a real bullish wave would commence after a descending channel breakout on the weekly chart. This prediction has materialized as VeChain reached the $0.027 resistance level, indicating a strong upward momentum.</p>
<p>Additionally, another VET enthusiast provided an even more optimistic outlook by suggesting that there is no limit for VeChain. This analyst predicted that <a href="https://vechain.org/" target="_blank" rel="noopener noreferrer nofollow">VeChain</a> could reach $1 sooner than expected.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$VET</a> will pump like this <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>There is No Limit for <a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VeChain</a>. <br><br>$1 is coming sooner then you think. <br><br>Keep an eye out for a space announcing everything soon <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/2ZUH0KWmm9" rel="noopener noreferrer nofollow">pic.twitter.com/2ZUH0KWmm9</a></p>— Crypto EA (@Crypto_Erdemm) <a href="https://twitter.com/Crypto_Erdemm/status/1811474708790972868?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 11, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>While this target is ambitious, the recent price action supports the notion that VeChain is on a strong upward trajectory. The community is eagerly awaiting further announcements that could drive the price even higher.</p>
<p>Adding on, another renowned crypto analyst, has emphasized the technical and psychological <a href="https://x.com/LucaLucasv/status/1811335065462268258" rel="noopener noreferrer nofollow">importance of </a><a href="https://x.com/LucaLucasv/status/1811335065462268258" target="_blank" rel="noopener noreferrer nofollow">$</a><a href="https://x.com/LucaLucasv/status/1811335065462268258" rel="noopener noreferrer nofollow">0.02</a>. Additionally, he believes that the presence of hidden bullish divergence on the weekly time frame suggests that the upward trend may continue.</p>
<p>The recent <a href="https://cryptonewsland.com/vechain-vet-and-ripples-xrp-gain-bullish-predictions-as-charts-form-patterns-for-significant-upward-movement-xrp-to-30/" rel="noopener noreferrer nofollow">price movement of </a><a href="https://cryptonewsland.com/vechain-vet-and-ripples-xrp-gain-bullish-predictions-as-charts-form-patterns-for-significant-upward-movement-xrp-to-30/" target="_blank" rel="noopener noreferrer nofollow">VeChain</a> aligns well with these forecasts. The clearing of resistance levels and the bounce from key psychological points have all contributed to the bullish sentiment.&nbsp;</p>
<p>The technical indicators, such as the hidden bullish divergence, further support the positive outlook. Looking ahead, the crypto community is optimistic about VeChain’s potential.&nbsp;</p>
<p>VeChain’s recent price surge has validated the predictions made by various analysts. The clearing of resistance levels, the bounce from key points, and the presence of bullish indicators all point to a strong upward trend.&nbsp;</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/2024-vechain-price-forecast-vet-to-break-through-0-1032/" rel="noopener noreferrer nofollow">2024 VeChain Price Forecast: VET to Break Through $0.1032</a></li>
 <li><a href="https://cryptonewsland.com/vechain-set-to-soar-predicted-to-break-through-0-783-in-2024/" rel="noopener noreferrer nofollow">VeChain Set to Soar: Predicted to Break Through $0.783 in 2024</a></li>
 <li><a href="https://cryptonewsland.com/latest-vechain-partnership-leads-to-bullish-vet-forecast/" rel="noopener noreferrer nofollow">Latest VeChain Partnership Leads to Bullish VET Forecast, Is a Price Ascent Imminent?</a></li>
 <li><a href="https://cryptonewsland.com/vechain-vet-celebrates-1-1-million-holders-amid-bullish-predictions/" rel="noopener noreferrer nofollow">VeChain (VET) Celebrates 1.1 Million Holders Amid Bullish Predictions</a></li>
 <li><a href="https://cryptonewsland.com/vechain-at-a-key-support-level/" rel="noopener noreferrer nofollow">VeChain (VET) at a Key Support Level, Is it the Beginning of an Uptrend?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/vechains-30-pump-supports-analyst-expectations/" rel="noopener noreferrer nofollow">VeChain’s Steady 30% Pump Supports Analyst Expectations of $1 VET This Bull Run</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

VeChain’s Steady 30% Pump Supports Analyst Expectations of $1 VET This Bull Run

Crypto News Land

المزيد من المقالات نُشرت في ١٢ يوليو ٢٠٢٤

Cardano’s ADA Soars as CIP-1694 Update Promises Major Advances

Scaling Gas Payment Sponsorship with the Sui Gas Pool

Market Conditions Lead to Altcoin Weakness Despite Positive On-Chain Data

HashKey and Upbit Embrace USDT on TRON Network, TRX Going Up

MoonBag Meme Coin Presale Becomes the Top Choice of Crypto Enthusiasts While Cardano and Notcoin ...

Bitcoin Dominance Falls: Altcoin Season Around the Corner?

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.