VeChain

Cardano

Show

Read

Rewards

<ul> 
 <li>VeChain experienced a 36% surge in the past week, breaking free from a week-long consolidation phase.</li> 
 <li>The coin’s price currently hovers between $0.034 and $0.037, with a successful break of key resistance levels.</li> 
 <li>Bullish momentum prevails as VeChain targets a potential resistance test at $0.042 in the near future.</li> 
</ul> 
VeChain, a prominent player in the <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">crypto market</a>, has been making waves with its recent price movements. After a period of consolidation in the range of $0.020 to $0.023, VeChain witnessed a remarkable surge, adding over 36% to its portfolio in just one week. 
This surge was no ordinary feat, as it broke the shackles of consolidation, allowing the bulls to regain control over the bears. As a result, the price soared into a range between $0.034 and $0.036, marking a significant breakthrough. 
What lies ahead for VeChain? If the bulls can maintain the price above the crucial support level of $0.036, there’s a strong possibility of further gains. In fact, VeChain may soon set its sights on testing the resistance at $0.0400 in the coming days. 
A successful hold at this level could potentially pave the way for VeChain to aim higher, with a target of testing the upper resistance level at $0.049 this month. This surge in bullish momentum has rekindled optimism among VeChain investors and the broader crypto community, offering a promising outlook for the future. 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/vechain-vet-signals-impending-bull-run-with-key-technical-alignments/">VeChain (VET) Signals Impending Bull Run with Key Technical Alignments</a></li>
 <li><a href="https://cryptonewsland.com/vechain-node-rewards-unveils-december-tech-update-series/">VeChain Node Rewards Unveils December Tech Update Series</a></li>
 <li><a href="https://cryptonewsland.com/vechain-vet-and-vethor-vtho-saw-prices-surges-from-coinbase-listing/">VeChain (VET) and VeThor (VTHO) Saw Prices Surges From Coinbase Listing</a></li>
 <li><a href="https://cryptonewsland.com/vechain-foundations-q2-reserves-down-by-44-over-q1/">VeChain Foundation’s Q2 Reserves Down by 44% Over Q1</a></li>
 <li><a href="https://cryptonewsland.com/cardano-ada-vechain-vet-show-bullish-performance-new-ath-soon/">Cardano (ADA), VeChain (VET) Show Bullish Performance. New ATH Soon?</a></li>
</ul> 
The post <a href="https://cryptonewsland.com/whats-driving-vechains-ambitious-climb-toward-the-0-049-challenge/">What’s Driving VeChain’s Ambitious Climb Toward the $0.049 Challenge?</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

What’s Driving VeChain’s Ambitious Climb Toward the $0.049 Challenge?

Crypto News Land

Other articles published on Dec 26, 2023

Binance Coin (BNB) Eyes $300 as Bullish Divergence Appears

Cardano Crypto Price Analysis: Will ADA Reach $1 in 2024?

$170 Million of Solana (SOL), Bitcoin (BTC) and Ethereum (ETH) Liquidated Amid Crypto Flash-Crash

This South Korean Tech Giant Could Dominate AI Crypto Trading

Crypto VC Investment Plummets 68% to $10.7 Billion in 2023

How to Buy Graph Coin?

Join our free newsletter for daily crypto updates!