VeChain

2024

CRYPTO

Coin

<ul class="news-points"> 
 <li><strong>VeChain (VET) faces bearish pressure, declining by 1.94% in the last 24 hours.</strong></li> 
 <li><strong>Analysts project VET’s potential surge, eyeing $1.8 by October 2024.</strong></li> 
 <li><strong>Fibonacci retracement levels signal key milestones for VET’s price trajectory.</strong></li> 
</ul> 
<p>As the cryptocurrency market continues to evolve, <a href="https://coinedition.com/tag/vechain-vet/">VeChain (VET)</a> has emerged as a notable contender, capturing the attention of investors and analysts. Recent analysis suggests a promising future for VET, characterised by a potential surge and strategic price targets. However, bearish sentiment has prevailed in the last 24 hours over the VET market after failing to breach the intra-day high of $0.05137. At press time, VET was trading at $0.04952, a 1.94% decline from the day’s high.&nbsp;</p> 
<div class="wp-block-image"> 
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  <img decoding="async" src="https://lh7-us.googleusercontent.com/YE9c5aUSloBxm7zzYpn98o11CrnaC9BTUUf5lRHCreQgCxAgwbYzbwHZPOUR6iwG8xcsv6hbuvZ5o7WU8gn2DX-A6_mX5A0db036eLS3ba065bbtXT16Std2f2xOMUKOCdjrTbvGP-XXp8XfwqEwaK0" alt="" style="width: 100%;height:auto">
  <figcaption class="wp-element-caption">
   <em>VET/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/vechain/" target="_blank" rel="nofollow">CoinStats</a>)</em>
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</div> 
<h2 class="wp-block-heading" id="h-vechain-s-potential-surge"><strong>VeChain’s Potential Surge</strong></h2> 
<p>A forecast by EGRAG CRYPTO suggests an upward trajectory for VET, with a potential price peak at $1.8 by October 2024. This prediction stems from a detailed analysis of VeChain’s current market positioning within a descending channel—a scenario typically associated with bearish trends.&nbsp;</p> 
<p>However, EGRAG CRYPTO interprets this pattern as bullish for VET, highlighting the sign…</p>
<p>The post <a href="https://coinedition.com/vechains-bullish-trajectory-analysts-predict-1-8-peak-by-october-2024/">VeChain’s Bullish Trajectory: Analysts Predict $1.8 Peak by October 2024</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

VeChain’s Bullish Trajectory: Analysts Predict $1.8 Peak by October 2024

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