TL;DR
Despite plunging significantly in the past week, VeChainās native cryptocurrency ā VET ā remains among the best performers on a yearly scale, with its price rising by almost 60% (per CoinGeckoās data).
VET Price, Source: CoinGecko
It currently hovers the $0.04 mark, while some analysts believe a new all-time high above $0.25 could be on the horizon. One example is the popular X user Ali, who thinks VET mimics its price trajectory from June to December 2020.
According to the analyst, the asset may retrace to the āupper boundaryā at $0.032 in the following days and then start ascending to as high as $0.60.
Other analysts who recently envisioned a bright future for VET include the X users Clifton Fx and World of Charts. The former maintained the coinās value could rise to $0.06 in the short term, while the latter assumed the $0.22 mark may be reached this summer.
The most optimistic prediction came from Flash, who believes VET is poised for a 2,500% rally toward the all-time high of $1.
The post Hereās Why VeChain (VET) Seems Ready to Hit an ATH: Analyst appeared first on CryptoPotato.
- Despite a recent dip, VeChain (VET) has seen a nearly 60% increase in its value year-over-year, with speculation about reaching new highs soon.
- Analyst predictions are varied, with some expecting short-term rises to $0.06, while others envision a whopping 2,500% rally to $1.
VET Price Gearing up for a Peak?
Despite plunging significantly in the past week, VeChainās native cryptocurrency ā VET ā remains among the best performers on a yearly scale, with its price rising by almost 60% (per CoinGeckoās data).
VET Price, Source: CoinGecko
It currently hovers the $0.04 mark, while some analysts believe a new all-time high above $0.25 could be on the horizon. One example is the popular X user Ali, who thinks VET mimics its price trajectory from June to December 2020.
According to the analyst, the asset may retrace to the āupper boundaryā at $0.032 in the following days and then start ascending to as high as $0.60.
Some of the Previous VeChain (VET) Price Predictions
Other analysts who recently envisioned a bright future for VET include the X users Clifton Fx and World of Charts. The former maintained the coinās value could rise to $0.06 in the short term, while the latter assumed the $0.22 mark may be reached this summer.
The most optimistic prediction came from Flash, who believes VET is poised for a 2,500% rally toward the all-time high of $1.
Good Morning#Vechain $Vet 1d
Approaching $1
https://t.co/lC93xLRuEE pic.twitter.com/pic7N1WvvW
ā FLASH (@THEFLASHTRADING) April 11, 2024
The post Hereās Why VeChain (VET) Seems Ready to Hit an ATH: Analyst appeared first on CryptoPotato.
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