VeChain

<ul><li>VeChain (VET) breaks key resistance, up 28%, trading at $0.03213 with potential for further gains.</li><li>The crypto surged 33.98% in 7 days, market cap at $2.6B, trading volume at $75M.</li><li>The all-time high of the token was $0.281 in April 2021, now 88.61% lower, but showing strong performance.</li></ul>VeChain (VET) has demonstrated notable bullish momentum in recent days. According to a recent <a href="https://x.com/WorldOfCharts1/status/1812709034656698425" rel="noopener noreferrer nofollow">analysis</a> by World Of Charts, VET has broken through key resistance levels, signaling a potential trend reversal. The cryptocurrency has already seen a 28% profit increase and is poised for further gains.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfGo34Z7zTInCRkEk4JnAGKAse5oqnBUytI7wsVlVHGcbkJN2NhK1asR2pHeHM6eiA33CLr9GUnK7qvB0lXqXDj7X27W8Zm3f5nou_ygCdiJz-0LQCT6bCJrrQcUnUKPlcSyXoAnV41uMHyemZ7ft7XZPY2?key&#61;UH68JQRo9pHMfryfzcKErw" />The chart provided by &#34;World Of Charts&#34; indicates that VET was trapped in a downward trend channel since March. This channel featured lower highs and lower lows, signifying bearish sentiment. Recently, <a href="https://cryptotale.org/vechain-vet-faces-critical-resistance-will-it-break-through-0-035-resistance/" rel="noopener noreferrer nofollow">VET</a> managed to break out of this descending channel, suggesting a shift from bearish to bullish sentiment. This breakout marks a significant technical development, as breaking out of a descending channel often leads to increased buying interest and upward momentum.<a href="https://cryptotale.org/vechain-shows-bullish-momentum-after-key-resistance-breakout-2x-incoming/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

VeChain Shows Bullish Momentum After Key Resistance Breakout, 2x Incoming?

CryptoTale

Inne artykuły opublikowane 16 lip 2024

Bearish Bear Presale: A New Chance for PEPE Crypto Investors to Get In Early!

Crypto Presales: The Next Big Opportunity

Secure Your Future with Crypto Presales

Crypto Market Wizards, Episode 3: McKenna

Mt. Gox BTC Transfer Impact: Will the Market Stay Strong? Discover Which Cryptos to Buy Today

Ethereum Price Surge and Future Predictions

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!