VeChain

2024

Token

Read

<ul> 
 <li>VeChain analyst anticipates bullish surge, emphasizing key VET/ETH chart dynamics.</li> 
 <li>VET’s potential 178x surge in focus as VeChain eyes crucial resistance levels.</li> 
 <li>Minimal retracement signals VeChain’s path to $0.09; community eagerly watches.</li> 
</ul> 
<p>In the dynamic world of crypto, a <a href="https://www.vechain.org/" target="_blank" rel="noreferrer noopener nofollow">VeChain</a> tokens analyst provides insights into the future trajectory of <a href="https://www.coingecko.com/en/coins/vechain" target="_blank" rel="noreferrer noopener nofollow">VET (VeChain)</a> and VTHO (VeChainThor). Despite the current surge in VeChain’s value, the analyst highlights a crucial chart that demands attention from investors.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw">#VeChain</a> update for VET/ETH. Second attempt to break above the biggest Weekly S/R level before going parabolic. Check out the higher highs and higher lows being formed. Will we smash through it on the third attempt? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>Only a matter of time <a href="https://twitter.com/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VET</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/7HJQwA6cIm">https://t.co/7HJQwA6cIm</a> <a href="https://t.co/ulbS5FLOCF">pic.twitter.com/ulbS5FLOCF</a></p>— raidenx (@benj_strong) <a href="https://twitter.com/benj_strong/status/1763520616404304382?ref_src=twsrc%5Etfw">March 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The VET/ETH (VeChain Token/Ethereum) pairing is currently positioned below a significant Support/Resistance (S/R) level for VET. The analyst emphasizes that the <a href="https://cryptonewsland.com/vechain-analyst-anticipates-bullish-surge-as-vet-targets-key-levels/" target="_blank" rel="noreferrer noopener">real excitement is yet to unfold</a>, suggesting that once this critical level is surpassed, a remarkable surge is expected.</p> 
<p>Notably, in the last market cycle, VET demonstrated an extraordinary 178x increase, hinting at the potential for further substantial gains. The analyst shares an update on the VET/ETH pairing, noting that it is making its second attempt to break above the most prominent Weekly S/R level before entering a parabolic phase.&nbsp;</p> 
<p>The chart exhibits a pattern of higher highs and higher lows, raising expectations for a breakthrough on the third attempt. Expressing <a href="https://cryptonewsland.com/vet-charts-paint-extremely-bullish-signs-golden-ratio-retested/" target="_blank" rel="noreferrer noopener">confidence in VeChain’s future performance</a>, the analyst asserts that it’s only a matter of time before VET experiences an upward trajectory.</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/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw">#VeChain</a> still on track. Barely any significant retracement. Next key level is around $0.06. Once we flip that mid point, clear skies to $0.09 <a href="https://twitter.com/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VET</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/rwdRkuYicY">pic.twitter.com/rwdRkuYicY</a></p>— raidenx (@benj_strong) <a href="https://twitter.com/benj_strong/status/1763523874904522961?ref_src=twsrc%5Etfw">March 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The market analysis indicates minimal retracement, with the next significant level to watch being around $0.06. Upon successfully flipping this midpoint, the analyst foresees a clear path for VET to reach $0.09.</p> 
<p>As the crypto community eagerly awaits these potential milestones, VeChain enthusiasts are keeping a close eye on the market, anticipating exciting developments in the coming weeks. VeChain’s resilience and positive momentum remain a focal point for investors and analysts alike.</p> 
<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/2024-vechain-price-forecast-vet-to-break-through-0-1032/">2024 VeChain Price Forecast: VET to Break Through $0.1032</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/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/vechain-set-to-soar-predicted-to-break-through-0-783-in-2024/">VeChain Set to Soar: Predicted to Break Through $0.783 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>
</ul>  
<p>The post <a href="https://cryptonewsland.com/vechain-analyst-anticipates-bullish-surge-as-vet-targets-key-levels/">VeChain Analyst Anticipates Bullish Surge as VET Targets Key Levels</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

VeChain Analyst Anticipates Bullish Surge as VET Targets Key Levels

Crypto News Land

Other articles published on Mar 2, 2024

Spot Bitcoin ETFs Attract Major Institutional Investors

Amid Bitcoin ETFs $1.7B Net Inflow, a Fall coming soon?

In Two Months of 2024 Market Lose Over $200M in Crypto Hack-Report

Binance Responds to Nigeria Demanding $10 Billion Penalty

Cardano Bull Dan Gambardello Forecasts Rocket Launch as ADA Surges 14.59%

Shiba Inu Triggers 1,104% in Inflows as SHIB Price Hits Two-Year High

Join our free newsletter for daily crypto updates!