CandleFocus VeChain Surges 134% in 3 Weeks, Setting Sights on Key Price Milestones Ahead
2024-11-23
Author: Content Editor
VeChain (VET) has experienced a surge in price after a prolonged bear trend, with a 134% increase over the past three weeks. The cryptocurrency had previously lost 90% of its value over three and a half years. Analysts predict a trend of recovery and potential rejuvenation for VET in the future. The cryptocurrency faces resistance at the $0.055 price level, with further resistance at $0.075. To sustain its bullish momentum, VET must demonstrate significant trading volume and reach key price milestones, such as climbing above the 0.236 Fibonacci level and reclaiming the $0.1 psychological mark. At the time of writing, VET is trading at $0.043, having surged 30% in the current trading session. However, it is important to exercise caution and note that this article does not constitute financial advice.
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