VeChain

2024

Momentum

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<ul> 
 <li>VeChain chart formations spark enthusiasm in the VeFam community.</li> 
 <li>Analysts foresee upward movement bebore VET’s 7% rise in under 24 hours.</li> 
 <li>VeFam eagerly awaits potential catalyst for VET’s surge.</li> 
</ul> 
<p>The <a href="https://www.vechain.org/" target="_blank" rel="noreferrer noopener nofollow">VeChain</a> community, affectionately known as VeFam, is buzzing with anticipation as the native cryptocurrency, VET, shows promising chart formations. Analysts are signaling an imminent upward movement, prompting enthusiasts to ready their VET holdings for potential rewards.</p> 
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   <p lang="en" dir="ltr">On the 4HR <a href="https://twitter.com/hashtag/Vechain?src=hash&amp;ref_src=twsrc%5Etfw">#Vechain</a> has printed an inverse H&amp;S inside an obvious Bull Flag. Just saying…This typically brings upward movement. We'll see <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/VET?src=hash&amp;ref_src=twsrc%5Etfw">#VET</a> <a href="https://twitter.com/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VET</a> <a href="https://twitter.com/hashtag/VeFam?src=hash&amp;ref_src=twsrc%5Etfw">#VeFam</a> <a href="https://twitter.com/hashtag/VTHO?src=hash&amp;ref_src=twsrc%5Etfw">#VTHO</a> <a href="https://t.co/9IOvPTfMwq">pic.twitter.com/9IOvPTfMwq</a></p>— Mike Stoffer (@mstoffer) <a href="https://twitter.com/mstoffer/status/1761483999426310405?ref_src=twsrc%5Etfw">February 24, 2024</a>
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<p>One crypto trader and analyst points to an inverse head and shoulders (H&amp;S) pattern on the 4-hour chart, indicating a bullish flag formation. Traditionally, this pattern suggests a forthcoming upward trajectory. The ongoin surge in VET’s price, up by 7% in the last 24 hours according to <a href="https://www.coingecko.com/en/coins/vechain" target="_blank" rel="noreferrer noopener nofollow">CoinGecko</a> analytics, adds fuel to the optimism.</p> 
<p>Another trader tells the VeChain and crypto community to brace for impact as the charts dictate VET to be ready for a massive upward movement. Both predictions were made before VET began its most recent surge.&nbsp;</p> 
<p>VET’s <a href="https://cryptonewsland.com/vechain-vet-and-vethor-vtho-saw-prices-surges-from-coinbase-listing/" target="_blank" rel="noreferrer noopener">recent performance</a>, boasting a 30% increase while its counterpart, VTHO, surged over 100%, has the community speculating on the potential to surpass its previous all-time high (ATH) of 0.2. VeChain’s strategic partnerships and a surge in blockchain transactions contribute to the growing recognition during this bullish cycle.</p> 
<p>The VeFam reflects the enthusiasm of the analysts by responding with bullish comments and pride at the blockchain finally gaining more recognition. In particularl, the community is eager to hear from the CEO of VeChain, Sunny Lu. Lu is expected to make a significant announcement at the end of the month.</p> 
<p>The community is hopeful that this announcement could serve as a catalyst to propel VET beyond its ATH. With new developments, partnerships, and <a href="https://cryptonewsland.com/vechain-celebrates-milestone-surpasses-200-million-transactions-with-walmart/" target="_blank" rel="noreferrer noopener">increased blockchain activity</a>, VeChain stands at the forefront of blockchain innovation, gaining attention from developers and investors alike. As the surge continues, the VeFam eagerly awaits to witness how far VET can climb in the current market conditions.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
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 <li><a href="https://cryptonewsland.com/ufc-partners-with-vechain-for-vechainthors-mass-adoption/">UFC Partners with VeChain for VeChainThor’s Mass Adoption</a></li>
 <li><a href="https://cryptonewsland.com/vets-bullish-future-anticipating-a-surge-past-0-0943-in-2024/">VET’s Bullish Future: Anticipating a Surge Past $0.0943 in 2024</a></li>
 <li><a href="https://cryptonewsland.com/analyst-predicts-8424-price-spike-for-vechain-vet-to-1-6/">Analyst Predicts 8,424% Price Spike for VeChain (VET) to $1.6</a></li>
 <li><a href="https://cryptonewsland.com/when-will-vechains-vet-token-surpass-the-0-0993-milestone-in-2024/">When Will VeChain’s VET Token Surpass the $0.0993 Milestone in 2024?</a></li>
 <li><a href="https://cryptonewsland.com/2024-vechain-price-forecast-vet-to-break-through-0-1032/">2024 VeChain Price Forecast: VET to Break Through $0.1032</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/vechain-vet-prepares-for-bullish-momentum-amid-chart-formations/">VeChain (VET) Prepares for Bullish Momentum Amid Chart Formations</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

VeChain (VET) Prepares for Bullish Momentum Amid Chart Formations

Crypto News Land

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