CandleFocus

VeChain Gains Momentum with VeBetterDAO: Can It Break Through $0.05 Resistance?

The article discusses the strong upward momentum of VeChain (VET) amid recent ecosystem development. VET has experienced a 4.91% increase in the last 24 hours and a 29.34% surge over the past week. The launch of VeBetterDAO, which combines sustainability, DAOs, and RWAs, has contributed to this surge. VeChain's ecosystem initiatives align with emerging trends in the blockchain sector, and recent technical analysis suggests potential upward movement. Key support and resistance levels are highlighted, and Fibonacci projections indicate potential price targets of $0.087 and $0.15, representing a significant increase from the current price.

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