VeChain

CRYPTO

April

Propel

Coin

<ul class="news-points"> 
 <li>VET could soon break out of the Descending Channel it has been trapped in for more than 800 days according to EGRAG Crypto.</li> 
 <li>The cryptocurrency could look to target $0.5 or $0702 if a bullish breakout occurs.</li> 
 <li>Technicals on VET’s daily chart suggested that bears had the upper hand when it came to short-term and medium-term momentum.</li> 
</ul> 
VeChain (VET) has been struggling to break out of the Descending Channel that has formed on its weekly chart for more than 850 days, according to a Twitter post shared by the cryptocurrency analyst EGRAG Crypto. This has been ongoing since VET reached its all-time high back in April of 2021. 
Read Also: <a href="https://coinedition.com/vechain-vet-price-prediction/" rel="noopener noreferrer nofollow">VeChain Price Prediction</a> 
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 <a href="https://twitter.com/hashtag/VET?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#VET</a> 850 Days Saga – Struggling to Break Free: For a staggering 850 days and counting, <a href="https://twitter.com/hashtag/VET?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#VET</a> has been in an uphill battle to break out of its Descending Channel, tracing its journey back to its all-time high in April 2021. The charts reveal a resilient triple bottom pattern… <a href="https://t.co/vX8LeBtOjO" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/vX8LeBtOjO</a>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1693177741179281593?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 20, 2023</a> 
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However, EGRAG Crypto highlighted that VET’s charts reveal a resilient triple bottom pattern forming around 0.015c. A triple bottom pattern is generally conside… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/triple-bottom-formation-could-propel-vets-price-to-new-heights/">Triple Bottom Formation Could Propel VET’s Price To New Heights</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Triple Bottom Formation Could Propel VET’s Price To New Heights

Coin Edition

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