VeChain

Rally

Cryptocurrency

Read

Reversal

<ul> 
 <li>Renowned <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">crypto market</a> analyst reveals potential uptrend and investor optimism.</li> 
 <li>VeChain’s break of structure signals a turnaround in market sentiment.</li> 
 <li>Recent 41.56% surge supports VeChain’s bullish trend.</li> 
</ul> 
<p>Recent analysis by <a href="https://twitter.com/CryptoBusy" target="_blank" rel="noreferrer noopener nofollow">CryptoBusy</a> suggests that <a href="https://www.vechain.org/" target="_blank" rel="noreferrer noopener nofollow">VeChain (VET)</a> is on the cusp of a bullish reversal, capturing the attention of investors. The technical chart, spanning from early 2021 to September 2025, reveals a notable shift in market dynamics, with VeChain transitioning from a downtrend to a potential uptrend.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw">#VeChain</a> <a href="https://twitter.com/search?q=%24VET&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VET</a> is at the start of an uptrend structure. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>LFG! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/1tr6dS6o6y">pic.twitter.com/1tr6dS6o6y</a></p>— CryptoBusy (@CryptoBusy) <a href="https://twitter.com/CryptoBusy/status/1759684782852816937?ref_src=twsrc%5Etfw">February 19, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The analysis highlights a significant ‘Break of Structure’, where <a href="https://cryptonewsland.com/vechain-set-to-soar-predicted-to-break-through-0-783-in-2024/" target="_blank" rel="noreferrer noopener">VeChain surpassed a crucial resistance level</a>, indicating a possible reversal in market sentiment. The emergence of a new uptrend, characterized by higher lows, further strengthens the <a href="https://cryptonewsland.com/vechain-vet-set-for-massive-price-rally-20-trillion-market-v3tr-trademark-filing/" target="_blank" rel="noreferrer noopener">bullish case for VeChain</a>. Key price levels, such as $0.04526, $0.03297, and $0.02519, play a crucial role in acting as potential support or resistance points in the future.</p> 
<p>VeChain’s current market data adds weight to the positive outlook. Despite a slight dip of -1.94% in the last 24 hours, the cryptocurrency experienced a notable surge of 41.56% over the past week, supporting the bullish trend suggested by the technical analysis.</p> 
<p>The combination of technical indicators and recent market performance paints an optimistic picture for VeChain. The break of structure and the formation of an uptrend signal a potential shift in investor sentiment, offering hope for those invested in VET. This transition in market trends indicates a more sustainable rise for VeChain, suggesting a steady climb rather than a temporary swing.</p> 
<p>Investors and market observers are advised to pay attention to unfolding patterns, including trend lines and distinct price markers, as they are key indicators shaping VeChain’s position in the cryptocurrency markets. These developments may signify the strength and potential longevity of VeChain’s upward momentum, warranting careful monitoring in the coming period.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/xrp-analyst-forecasts-reversal-amid-optimistic-chart-signals/">XRP: Analyst Forecasts Reversal Amid Optimistic Chart Signals</a></li>
 <li><a href="https://cryptonewsland.com/whats-driving-vechains-ambitious-climb-toward-the-0-049-challenge/">What’s Driving VeChain’s Ambitious Climb Toward the $0.049 Challenge?</a></li>
 <li><a href="https://cryptonewsland.com/vechain-set-to-soar-predicted-to-break-through-0-783-in-2024/">VeChain Set to Soar: Predicted to Break Through $0.783 in 2024</a></li>
 <li><a href="https://cryptonewsland.com/unlocking-vechain-cryptocurrency-marvel-set-to-surpass-12-12-2025-awaits/">Unlocking VeChain: Cryptocurrency Marvel Set to Surpass $12.12 – 2025 Awaits</a></li>
 <li><a href="https://cryptonewsland.com/vechains-rally-is-only-just-the-beginning-major-news-expected/">VeChain’s Rally Is Only Just the Beginning, Major News Expected</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/vechain-shows-signs-of-bullish-reversal-analysts-optimistic/">VeChain Shows Signs of Bullish Reversal, Analysts Optimistic</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

VeChain Shows Signs of Bullish Reversal, Analysts Optimistic

Crypto News Land

Другие статьи, опубликованные 21 февр. 2024 г.

Why Ethereum’s rise to $3K was short-lived

Ripple XRP ETF Could Launch in 2024, Claims Insider

SuperEx’s Most Sincere Event of February: Split $34,000 Total Jackpot, 1600+ Reward Slots

Shiba Inu Burn Rate Crashes With Only 2 Million SHIB Burned, What’s Going On?

CBDCs: User privacy problem or currency of the future?

Winklevoss Twins’ $4.9M donation rocks the crypto-political landscape

Join our free newsletter for daily crypto updates!