VeChain

Rally

<a href="https://bitcoinist.com/39000-xrp-price-to-hit-220/" rel="nofollow">Crypto analyst Egrag Crypto</a> has put out an ultra-bullish price prediction for <a href="https://www.newsbtc.com/altcoin/vechain-vet-to-new-ath/">VeChain (VET)</a>, which the analyst predicts will achieve significant gains soon enough.&nbsp; 
<h2 id="vechain-to-see-a-140x-gain">VeChain To See A 140x Gain</h2> 
<a href="https://bitcoinist.com/why-xrp-price-will-reach-27/" rel="nofollow">Egrag</a> mentioned in an X (formerly Twitter) post that the VeChain token could see a 50x or 140x gain. He further highlighted how the crypto token could achieve any of this move to the upside. Analysing the chart, he stated that a 50x move could be in play if VET sees a <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-61000-surge-analyst/">similar percentage increase</a> to the one that occurred around 2019.&nbsp; 
Back then, VET is said to have seen a 5,892% increase. <a href="https://www.newsbtc.com/analysis/xrp/crypto-analysts-bullish-xrp-price/">Egrag predicts</a> that the crypto token could rise to $0.9 if this move is indeed in play. Meanwhile, for the 140x gain, the analyst claimed that this move could be in play if the market eventually witnesses a similar percentage increase to the one around 2021 when VET’s price increased by 14,638%. 
Related Reading: <a href="https://www.newsbtc.com/news/pro-ripple-lawyer-tags-poor-xrp-price-performance-as-unnatural-rally-imminent/">Pro-Ripple Lawyer Tags Poor XRP Price Performance As Unnatural, Rally Imminent?</a> 
That was when the crypto token hit its <a href="https://bitcoinist.com/bitcoin-price-new-all-time-highs/" rel="nofollow">all-time high</a> (ATH) of $0.27. Egrag predicts that VET could rise to as high as $2 if this is the move that ends up materializing. This prediction also means that VET will likely see a new ATH in the <a href="https://bitcoinist.com/bitcoin-bull-market-glassnode/" rel="nofollow">next bull run</a>.&nbsp; 
This is not the first time Egrag has offered a bullish price prediction for the VET token. Last year, the analyst <a href="https://www.newsbtc.com/news/vechain-skyrockets-by-77-to-reach-new-yearly-high-analyst-bullish-on-vet-targeting-1-6/">predicted</a> that VET could rise to $1.6 based on historical patterns. This prediction came after the crypto token made an impressive surge of 77%, hitting price levels unseen since May 2022.&nbsp; 
<h2 id="big-moves-still-lie-ahead-for-vet">Big Moves Still Lie Ahead For VET</h2> 
IEgrag isn’t the only analyst who has recently laid out a bullish narrative for the VeChain token. <a href="https://bitcoinist.com/crypto-analyst-predicts-1300-for-cardano/" rel="nofollow">Crypto analyst and YouTuber Crypto ZX</a> also <a href="https://www.newsbtc.com/altcoin/vechain-vet-to-new-ath/">gave an analysis</a> where he predicted that the crypto token could hit new ATHs if it succeeded in breaking certain resistance levels. One level he highlighted then was the $0.033 mark. 
The analyst had also suggested that VET was currently in a <a href="https://bitcoinist.com/bitcoin-price-consolidates-after-failing-to-break-through-key-resistance-level/" rel="nofollow">period of consolidation</a> as it gears up for another move to the upside. On the next leg up, Crypto ZX predicted that the crypto token was going to surge above the $0.033 resistance level. The analyst further revealed that a move above that level would be vital to unlocking new highs.&nbsp; 
Interestingly, VeChain has since risen above that level. At the time of writing, the crypto token is trading at $0.0474, up over 5% in the last 24 hours, according to <a href="https://coinmarketcap.com/currencies/vechain/" rel="nofollow">data</a> from CoinMarketCap.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/dQDwPdyU/" alt="VeChain (VET) price chart from Tradingview.com " width="3286" height="1530">

VeChain Ready For Blast-Off: Crypto Analyst Predicts VET Price To Rally 14,600%

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