VeChain

2024

World

Resistance

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<ul>
 <li>VeChain surged 30%, validating bullish predictions and clearing key resistance levels.</li>
 <li>Analysts’ forecasts come true as VeChain hits $0.027, showing strong upward momentum.</li>
 <li>VeChain’s price rise aligns with bullish predictions, reaching key technical levels.</li>
</ul>
<p>VeChain (VET) has risen by 30% in the past seven days and many analysts believe this is just the beginning of a significant price surge. Amid a bearish market, VET has shown remarkable resilience signaling <a href="https://cryptonewsland.com/vechain-at-a-key-support-level/" target="_blank" rel="noopener noreferrer nofollow">high potential for more growth</a>.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24Vet&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Vet</a><br><br>1st Resistance Has Already Cleared As Expected Now <a href="https://twitter.com/hashtag/Vet?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Vet</a> Approaching Towards Main Resistance Real Bullish Wave Will Start After Descending Channel Breakout <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VeChain</a> <a href="https://t.co/Buvpedjv5G" rel="noopener noreferrer nofollow">https://t.co/Buvpedjv5G</a> <a href="https://t.co/iXVX2P3Ihw" rel="noopener noreferrer nofollow">pic.twitter.com/iXVX2P3Ihw</a></p>— World Of Charts (@WorldOfCharts1) <a href="https://twitter.com/WorldOfCharts1/status/1811266555134595450?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 11, 2024</a>
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<p>As we can see from the post above, <a href="https://twitter.com/worldofcharts1?lang=en" rel="noopener noreferrer nofollow">World of </a><a href="https://twitter.com/worldofcharts1?lang=en" target="_blank" rel="noopener noreferrer nofollow">Charts1</a> highlighted that VeChain had already cleared its first resistance at $0.019. The next key resistance level was identified at $0.027.&nbsp;</p>
<p>According to this analysis, a real bullish wave would commence after a descending channel breakout on the weekly chart. This prediction has materialized as VeChain reached the $0.027 resistance level, indicating a strong upward momentum.</p>
<p>Additionally, another VET enthusiast provided an even more optimistic outlook by suggesting that there is no limit for VeChain. This analyst predicted that <a href="https://vechain.org/" target="_blank" rel="noopener noreferrer nofollow">VeChain</a> could reach $1 sooner than expected.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$VET</a> will pump like this <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>There is No Limit for <a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VeChain</a>. <br><br>$1 is coming sooner then you think. <br><br>Keep an eye out for a space announcing everything soon <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/2ZUH0KWmm9" rel="noopener noreferrer nofollow">pic.twitter.com/2ZUH0KWmm9</a></p>— Crypto EA (@Crypto_Erdemm) <a href="https://twitter.com/Crypto_Erdemm/status/1811474708790972868?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 11, 2024</a>
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<p>While this target is ambitious, the recent price action supports the notion that VeChain is on a strong upward trajectory. The community is eagerly awaiting further announcements that could drive the price even higher.</p>
<p>Adding on, another renowned crypto analyst, has emphasized the technical and psychological <a href="https://x.com/LucaLucasv/status/1811335065462268258" rel="noopener noreferrer nofollow">importance of </a><a href="https://x.com/LucaLucasv/status/1811335065462268258" target="_blank" rel="noopener noreferrer nofollow">$</a><a href="https://x.com/LucaLucasv/status/1811335065462268258" rel="noopener noreferrer nofollow">0.02</a>. Additionally, he believes that the presence of hidden bullish divergence on the weekly time frame suggests that the upward trend may continue.</p>
<p>The recent <a href="https://cryptonewsland.com/vechain-vet-and-ripples-xrp-gain-bullish-predictions-as-charts-form-patterns-for-significant-upward-movement-xrp-to-30/" rel="noopener noreferrer nofollow">price movement of </a><a href="https://cryptonewsland.com/vechain-vet-and-ripples-xrp-gain-bullish-predictions-as-charts-form-patterns-for-significant-upward-movement-xrp-to-30/" target="_blank" rel="noopener noreferrer nofollow">VeChain</a> aligns well with these forecasts. The clearing of resistance levels and the bounce from key psychological points have all contributed to the bullish sentiment.&nbsp;</p>
<p>The technical indicators, such as the hidden bullish divergence, further support the positive outlook. Looking ahead, the crypto community is optimistic about VeChain’s potential.&nbsp;</p>
<p>VeChain’s recent price surge has validated the predictions made by various analysts. The clearing of resistance levels, the bounce from key points, and the presence of bullish indicators all point to a strong upward trend.&nbsp;</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/2024-vechain-price-forecast-vet-to-break-through-0-1032/" rel="noopener noreferrer nofollow">2024 VeChain Price Forecast: VET to Break Through $0.1032</a></li>
 <li><a href="https://cryptonewsland.com/vechain-set-to-soar-predicted-to-break-through-0-783-in-2024/" rel="noopener noreferrer nofollow">VeChain Set to Soar: Predicted to Break Through $0.783 in 2024</a></li>
 <li><a href="https://cryptonewsland.com/latest-vechain-partnership-leads-to-bullish-vet-forecast/" rel="noopener noreferrer nofollow">Latest VeChain Partnership Leads to Bullish VET Forecast, Is a Price Ascent Imminent?</a></li>
 <li><a href="https://cryptonewsland.com/vechain-vet-celebrates-1-1-million-holders-amid-bullish-predictions/" rel="noopener noreferrer nofollow">VeChain (VET) Celebrates 1.1 Million Holders Amid Bullish Predictions</a></li>
 <li><a href="https://cryptonewsland.com/vechain-at-a-key-support-level/" rel="noopener noreferrer nofollow">VeChain (VET) at a Key Support Level, Is it the Beginning of an Uptrend?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/vechains-30-pump-supports-analyst-expectations/" rel="noopener noreferrer nofollow">VeChain’s Steady 30% Pump Supports Analyst Expectations of $1 VET This Bull Run</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

VeChain’s Steady 30% Pump Supports Analyst Expectations of $1 VET This Bull Run

Crypto News Land

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