VeChain (VET) leaves green zone and starts marching towards higher prices

VeChain (VET), a blockchain platform focused on improving supply chain management, is the focus of this analysis.

We dive into the price forecast for VET, supported by insights from our Discord community where we regularly share analyzes and live streams.

Technical analysis vechain (VET) price

Crypto Insiders analysts recently signed a green buy zone for VET where they added to their position. They expect a new upward movement from here, as they recently explained in the Discord group:

“VET recently moved out of its green buy zone into the first blue zone around $0.043. This green zone is where we have personally expanded our position.

Should VET hold and break through the blue zone, our first lookout is the next blue zone around the 100% Fibonacci level, or at $0.065. However, it is possible that resistance is initially too great in the blue zone and the price falls back to the green zone.

We are closely monitoring the movements and planning action as soon as the price confirms that it will remain above the blue zone. A stable move above could be our signal for a bullish trend towards the next target. For now, things look good for VET”

Good news for Dutch crypto traders

The new partnership between Bybit and SATOS, which has a license from the Dutch Bank, gives Dutch traders access to 400 new cryptocurrencies. Bybit offers the largest range of cryptocurrencies in the Netherlands. Don’t have a Bybit account yet? Register via this link and receive 20 euros in crypto as a welcome gift.

Need help?

In our Discord community you will find our extensive trading plan with all the latest updates. Here you enter a safe place where traders of all levels exchange knowledge. Ask your questions to expert analysts and top traders about trading, market trends and crypto topics in a vibrant community. We also organize weekly live streams and webinars for traders who want to delve deeper into technical analysis.

Join the conversation on Discord

Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These are therefore for educational purposes only.

Post Views: 0