VeChain (VET) has experienced significant gains, increasing by 88% over the past month. The bullish momentum was aided by the sentiment surrounding Donald Trump's win in the 2024 US presidential election. Despite a pullback in Bitcoin and other altcoins, VET has gained 6% in the past 24 hours. The current price of VET is $0.041, up over 90% since March 2020. The technical outlook suggests a potential recovery, with VET predicted to retest $0.050 and potentially reach $0.10. The Relative Strength Index indicates a bounce off the overbought line, while the MACD indicator suggests rising momentum. Overall sentiment remains bullish for VeChain.



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