VeChain

bullish

Parabolic

Bitcoin

<ul>
 <li>Altcoins charts reflect rising sentiment for altseason and VET holders are in a frenzy.</li>  
 <li>Analyst highlights VET price making two significant moves toward $1 and $2 targets.</li>  
 <li>He expects this pump to unfold in 150 days, VeChain will turn aggressively bullish.</li> 
</ul>  
<p>Altcoins are preparing for a major price boom as altseason approaches. With Bitcoin preparing to hit its next trend high between <a href="https://cryptonewsland.com/68000-70000-sighted-as-next-btc-target/" target="_blank" rel="noopener noreferrer nofollow">$68,000 and $70,000</a>, expectations for altseason to follow immediately are gaining traction. This paired with the bullish expectation for another green Q4 in a Bitcoin Halving year further fueling positive sentiment for the crypto market.</p>  
<h2 class="wp-block-heading" id="h-altseaon-approaches-which-altcoin-will-take-the-lead">Altseaon Approaches, Which Altcoin Will Take The Lead?</h2>  
<p>To highlight, many altcoins are already shaping highly bullish signals in their respective price charts. Between tight Bollinger Bands like in Ripple’s XRP chart, the completion of a huge cup and handle pattern for JASMY, and other bullish signs in the charts of popular altcoins like SHIB, DOGE, ADA, and others, sentiments for a grand altcoin is only getting stronger.&nbsp;</p>  
<p>Similarly, another popular altcoin is also showing highly bullish indicators. Specifically, VeChain (VET) seems to be joining the bullish altcoins band right before we enter Q4. According to a popular crypto analyst, <a href="https://x.com/egragcrypto" target="_blank" rel="noopener noreferrer nofollow">Egrag Crypto</a>, VET could be on the brink of major moves, with two key scenarios in play, he marks ‘Move A; targeting $1 and ‘Move B’ aiming for $2.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/egragcrypto/status/1837366576426758372
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-vechain-s-critical-moves-towards-1-and-2-highs-nbsp">VeChain’s Critical Moves Towards $1 and $2 Highs&nbsp;</h2>  
<p>According to <a href="https://coinmarketcap.com/currencies/vechain/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a> analytics, VET is currently trading at $0.02449, and is up by 1.77% in the last 24 hours. The analyst’s technical analysis outlines VET’s historical performance and future potential, using support and resistance levels, Fibonacci retracement, and Elliott Wave theory to map possible trajectories.</p>  
<p>In ‘Move A’, VET could surge to $1 if the impulsive Wave 3 pattern completes. Key Fibonacci levels, like 0.786 ($0.1495) and 0.618 ($0.0921), will play a critical role, serving as either support or resistance points. If these levels are surpassed, VET could see rapid price appreciation, similar to its historic 95,212% surge.</p>  
<p>‘Move B’ offers an even more bullish outlook, with a $2 target. This scenario also depends on completing Wave 3 but anticipates more aggressive price movements, fueled by robust market momentum and elevated Fibonacci extension levels.</p>  
<p>Lastly, the analyst suggests that these movements could happen within 150 days, reminiscent of past bullish cycles. As <a href="https://cryptonewsland.com/vechain-recognized-as-a-major-player/" target="_blank" rel="noopener noreferrer nofollow">VeChain captures more interest</a> with its strong technical framework, investors are keeping a close watch on market conditions.&nbsp;</p> 
<p>The post <a href="https://cryptonewsland.com/vet-to-1-and-2-parabolic-moves-vechain/" rel="noopener noreferrer nofollow">VET to $1 and $2 Parabolic Moves Come Into Play, Analyst Explains VeChain’s Next Critical Movements</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

VET to $1 and $2 Parabolic Moves Come Into Play, Analyst Explains VeChain’s Next Critical Movements

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