VeChain (VET) Price Prediction: A Hidden Twist No One Is Noticing
2025-06-30 15:23:22
Main Idea
A technical analysis by Egrag Crypto highlights VeChain (VET) forming a long-term symmetrical triangle pattern, with a potential breakout in February 2026, suggesting significant bullish momentum if key levels are breached.
Key Points
1. VeChain (VET) is forming a symmetrical triangle pattern spanning over 2,350 days (6.5 years), with a projected breakout window around February 2026.
2. Key bullish signals include a close above the 21-day EMA (~$0.027) and a 'double tap' on an ascending trend line, indicating strong support.
3. The critical breakout level is $0.06, coinciding with the 0.5 Fibonacci retracement, which could confirm a sustained rally.
4. If the breakout occurs, Fibonacci extension targets suggest VET could reach $1.80–$2, positioning it as a top performer in the next market cycle.
5. The analysis emphasizes the technical setup's significance but advises investors to conduct independent research before making decisions.
Description
A recent public analysis from respected crypto chartist Egrag Crypto has brought renewed attention to VeChain (VET), highlighting a powerful technical setup that may be flying under the radar. Previously reserved for his subscriber-only audience, the chart has now been shared with the broader crypto community, particularly the XRP family, many of whom also hold VET. According to Egrag, the setup is simply too strong to remain private, and the potential upside is impossible to ignore. Symmetrical...
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