VeChain

bullish

Momentum

<ul> 
 <li><strong>VeChain’s bullish technical indicators suggest a potential breakout and market reversal.</strong></li> 
 <li><strong>The launch of VeBetterDAO reinforces VeChain’s ecosystem, boosting prospects for a new all-time high.</strong></li> 
</ul>  
<p>According to <a href="https://vebetterdao.org">recent developments</a>, VeChain (VET) is showing signs of a potential breakout, drawing attention as a strong performer in the ongoing crypto market. After a 10% gain last week, several technical indicators suggest that VET might be on the verge of a significant <a href="https://www.crypto-news-flash.com/vechain-vet-is-a-1000-investment-today-your-ticket-to-millions-by-2030/">upward move</a>.</p> 
<p>As of today, VeChain (VET) is trading at <strong>$0.02412</strong>, with a decrease of<span style="color: #ff0000;"> <strong>3.46%</strong></span> in the past day but showing a <span style="color: #008000;"><strong>0.83%</strong></span> rise in the past week. See the VET price chart below.</p> 
<p><span data-sheets-root="1"></span></p>
<div class="cryptoboxes" id="mcw-384744" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="vechain" data-symbol="VET" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div> 
<h2 id="will-the-bullish-momentum-drive-vet-to-a-new-ath">Will the bullish momentum drive VET to a new ATH?</h2> 
<p>On the weekly chart shown above, VET has formed a double bottom pattern with bullish divergence on the Relative Strength Index and key support around $0.022, indicating a possible market reversal.&nbsp; Additionally, the daily chart shows a head and shoulders pattern, hinting towards further bullish momentum.</p> 
<p>Furthermore, according to a recent <a href="https://www.crypto-news-flash.com/sunny-lu-the-pioneer-of-sustainable-blockchain-revolution-with-vechain/">update</a> shared by CNF, the launch of the VeBetterDAO by CEO Sunny Lu highlights the network’s commitment to decentralized decision-making. With these <a href="https://www.crypto-news-flash.com/vechains-disruptive-innovation-harnessing-on-chain-sustainability-proofs-to-unlock-economic-value-and-strengthen-vet/">technical setups</a> and the anticipated altseason, VET is well-positioned for a breakout. The cryptocurrency might revisit its all-time high position and enter new price discovery phases, driven by its robust ecosystem and the broader market’s bullish momentum.</p>

VeChain Eyes Major Breakout: Will Bullish Momentum Drive VET to a New All-Time High?

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