VeChain’s Bullish Trajectory: Analysts Predict $1.8 Peak by October 2024
- VeChain (VET) faces bearish pressure, declining by 1.94% in the last 24 hours.
- Analysts project VET’s potential surge, eyeing $1.8 by October 2024.
- Fibonacci retracement levels signal key milestones for VET’s price trajectory.
As the cryptocurrency market continues to evolve, VeChain (VET) 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.
VeChain’s Potential Surge
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.
However, EGRAG CRYPTO interprets this pattern as bullish for VET, highlighting the sign…
The post VeChain’s Bullish Trajectory: Analysts Predict $1.8 Peak by October 2024 appeared first on Coin Edition.
Read More
VeChain’s Bullish Trajectory: Analysts Predict $1.8 Peak by October 2024
- VeChain (VET) faces bearish pressure, declining by 1.94% in the last 24 hours.
- Analysts project VET’s potential surge, eyeing $1.8 by October 2024.
- Fibonacci retracement levels signal key milestones for VET’s price trajectory.
As the cryptocurrency market continues to evolve, VeChain (VET) 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.
VeChain’s Potential Surge
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.
However, EGRAG CRYPTO interprets this pattern as bullish for VET, highlighting the sign…
The post VeChain’s Bullish Trajectory: Analysts Predict $1.8 Peak by October 2024 appeared first on Coin Edition.
Read More